TNPSC Thervupettagam

Tamil Nadu SC/ST Startup Fund

June 26 , 2022 886 days 3877 0
  • The Tamil Nadu Startup and Innovation Mission (TANSIM) has called for applications from Scheduled Caste and Scheduled Tribe (SC/ST) entrepreneurs
  • In this regard, this fund was setup.
  • It is an exclusive fund for start-ups promoted by SC/ST founders.
  • It will be made in the form of equity or debt based on the evaluation and recommendation of the Investment Committee.
  • To be eligible for the funding, more than 50% of equity of the company should be held by one or more persons who belong to SC/ST category.
  • The entrepreneur should be a native of Tamil Nadu or of Tamil origin.
  • And the preference will be given to those who have their principal base of operation within Tamil Nadu.

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