
Company Registration
(4)
Get MCA Name Approval for a Company Incorporation or LLP Registration.
3 Exclusive Offers
2 Exclusive Offers
Offers and discounts




Does the Government Give Funds to Startups?
The easy availability of financing is a critical issue for entrepreneurs looking to expand their Startups. Due to a lack of funding, many business concepts stay on the ground. To address this issue, the Indian government has established a few Schemes through which the government provides financial aid to entrepreneurs. Startups can use these funds for research and development, marketing, and other activities to help them grow their business. This article will help Startups to learn about Does the government give funds to startups?Startup India Seed Fund Scheme (SISFS)
To build a conducive startup ecosystem, DPIIT has created Startup India Seed Fund Scheme (SISFS) with an outlay of Rs. 945 Crore. Financial assistance of up to Rs. 50 lakh will be given to the startups at an early stage through the incubators. The SISFS aims to provide financial assistance to startups for proof of concept, prototype development, product trials, market-entry, and commercialization. By providing seed funding and other support services, SISFS helps startups overcome their initial challenges so that they can go on to become successful businesses. For more details on Startup India Seed Fund Scheme (SISFS), click hereSIDBI Fund of Funds Scheme
The SIDBI Fund of Funds Scheme (FoFS) is a government-backed venture capital fund that aims to promote entrepreneurship and innovation in India. The scheme was launched in 2016 by the Small Industries Development Bank of India (SIDBI). It provides financial support to venture capital funds, which invest in startups and small businesses. The FoFS helps entrepreneurs access long-term financing and mentorship and build networks with other investors. It also encourages angel investors to invest in startups, providing them with the necessary resources to grow their businesses. The FoFS has been instrumental in creating a vibrant startup ecosystem across India and helping entrepreneurs realize their dreams.ASPIRE
Ministry of Micro, Small and Medium Enterprises (MSME) also entrusted SIDBI with the management of ASPIRE Fund with a corpus of 310 crores to support various AIFs, which in turn would invest twice SIDBI’s contribution in different MSME / startup businesses, including rural and agro space. ASPIRE FUND shall target to achieve the below objectives through its contribution to Funds:- Support startups / early-stage enterprises in innovation, entrepreneurship, and forward-backward linkage with multiple manufacturing and service delivery chains.
- Accelerator support in the agro-based Industry verticals and sectors that would galvanize the rural economy.
India Aspiration Fund IAF
India Aspiration Fund (IAF), set up by SIDBI with the support of RBI according to a budget announcement, is an Rs.2000 crore fund introduced by SIDBI to promote and accelerate equity and equity-linked investments in Startups and MSMEs.Pradhan Mantri Mudra Yojana
Under this scheme, any small business person can borrow up to Rs.10 lakhs from different mutual funds, banks, and financial institutions. Collateral is optional for Small Micro enterprises.SAMRIDH Scheme
The primary objective of this scheme is to promote the growth of software product companies in India. It is one of the initiatives of the central government to boost entrepreneurship in India. Under this scheme, the startup can get government funding up to Rs.40 Lakh. There are plenty of schemes made for specific sector startups. Visit Invest India or Startup India portals and navigate the information in length, which will give you further clarity on the various government schemes launched by the Indian government to support startups.Related Guides
Popular Post

Starting a small business can be a transformative venture, offering the exciting opportunity...

Tax deduction at source, shortly and popularly known as TDS, was introduced by the Income Tax...

Goods & Services Tax Certificate is issued to people who are registered under GST...

GST registration applies to all individuals and entities supplying goods or services in India. GST...

Gift tax in India is applied when the value of the received gift exceeds ₹50,000 in the...

The Union Budget 2025 has brought significant changes to India’s personal income tax structure, raising the...

The Goods and Services Tax (GST) is an indirect tax system introduced in India in 2017. It functions...

A trademark search is simply checking if another person or organization does not already own the...

Section 194H of the Income Tax Act in India mandates the deduction of Tax at Source (TDS) on commission or brokerage...

Section 80G Deduction is a facility available in the Income Tax Act which allows taxpayers to...

The Income Tax Department (ITD) has not provided specific guidance on crypto taxes for Indian investors. However...

Internal audit applicability is a critical concept for companies in India, impacting various...

In the business world, two main types of companies exist: private company and public company...

Ministry of Finance vide a Notification No 05/2022- Central Tax (Rate) dated 13.7.2022 has issued...

The Central Board of Indirect Taxes and Customs (CBIC) has recently announced an extension...

Depreciation is a key concept in finance and accounting. It helps us manage how the value of...

Form 10IA of the Income Tax Department must be filed by taxpayers claiming income tax deduction...

The Goods and Services Tax (GST) system in India has been a significant reform in the country's...

India's Gross Domestic Product (GDP) benefits significantly from the substantial...

The Finance Act, 2023 introduced the MSME 45-day payment rule under Section 43B(h) of the Income Tax Act...

The Direct Tax Vivad Se Vishwas (DTVSV) Scheme, 2024, was announced by Union Finance Minister...