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Tamil Nadu special seed fund 2024
July 1 , 2024
8 hrs 0 min
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- The Tamil Nadu government will introduce a special seed fund to support start-ups run by persons with disabilities and transgender persons.
- A special seed fund, in the form of a grant, will be introduced for start-ups run by these people to achieve inclusive growth in new-age entrepreneurship development, and ₹50 lakh will be earmarked for this scheme.
- The Tamil Nadu Startup and Innovation Mission (StartupTN) would identify beneficiaries.
- New regional start-up hubs would be established in Coimbatore and Tiruchi at a cost of ₹1.5 crore.
- In the last two years, regional start-up hubs had been established in Madurai, Tirunelveli, Erode, Salem, Hosur, Cuddalore, and Thanjavur.
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