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21/05/2022 05:26pm

Tamil Nadu Startup and Innovation Mission invites applications from SC/ST

image Tamil Nadu Startup and Innovation Mission invites applications from SC/ST

Chennai, May 21 (KNN) Entrepreneurs in Tamil Nadu belonging to SC/ST category have been invited by the Tamil Nadu Startup and Innovation Mission (TANSIM) to apply for funding to grow their businesses. 

It is a separate fund for startups which are promoted by SC/ST founders. 

Based on evaluation and recommendation of the Investment Committee the investment will be made in the form of equity or debt.

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Only those startups are eligible for the funding whose 50% of equity is held by one or more persons who belong to SC/ST category. 

It is compulsory that the entrepreneur is a native of Tamil Nadu or of Tamil origin and preference will be given to those who have their principal base of operation within Tamil Nadu.  (KNN Bureau)

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