VCF-ST Startup Fund by Ministry of Tribal Affairs
Ministry of Tribal Affairs, Government of India द्वारा
अपनी पात्रता जांचें
साइन अप करें और हम आपको बताएंगे कि आपका स्टार्टअप इस ग्रांट के लिए योग्य है या नहीं।
त्वरित उत्तर
A venture capital fund by the Ministry of Tribal Affairs, Government of India, in partnership with IIM Udaipur, providing financial assistance from ₹10 lakh to ₹5 crore to startups founded by Scheduled Tribe entrepreneurs.
- फंडिंग राशि
- ₹10 लाख – ₹5 करोड़
- फंडिंग प्रकार
- इक्विटी
- आवेदन की अंतिम तिथि
- निरंतर
- स्थान
- भारत में पंजीकृत स्टार्टअप्स के लिए खुला
इस फंडिंग प्रोग्राम के बारे में
The Venture Capital Fund for Scheduled Tribes (VCF-ST) Startups is a pioneering initiative by the Ministry of Tribal Affairs, Government of India, aimed at fostering entrepreneurship within the Scheduled Tribe (ST) community. This fund seeks to address the financial and developmental gaps faced by ST entrepreneurs, enabling them to convert innovative ideas into successful commercial ventures. The program is designed to provide crucial financial assistance, combining equity and credit support, to eligible ST-led companies.
The primary objectives of VCF-ST include promoting entrepreneurship through concessional finance, supporting innovative and technology-oriented projects, and hand-holding startups from their ideation phase through to commercialization. By partnering with institutions like IIM Udaipur Incubation Centre and leveraging existing Technology Business Incubators (TBIs), the fund aims to create a supportive ecosystem. This initiative is a significant step towards achieving financial inclusion for ST entrepreneurs and empowering them to contribute to India's startup growth story.
पात्रता
देखें कि आप पात्र हैं या नहीं
पूरी पात्रता शर्तें — संस्था प्रकार, स्टेज, क्षेत्र, फाउंडर प्रोफ़ाइल और पंजीकरण आवश्यकताएं — साथ ही इस प्रोग्राम के लिए आपकी फ़िट। देखने के लिए साइन अप करें।
फंडिंग प्रदाता
Ministry of Tribal Affairs, Government of India The Ministry of Tribal Affairs is the apex ministry responsible for the welfare and development of Scheduled Tribe (ST) communities across India. Beyond social welfare, it actively funds entrepreneurship and startup initiatives…
Learn moreIIM Udaipur Incubation Centre, usually shortened to IIMUIC, is the incubator run by the Indian Institute of Management Udaipur, on the institute's campus at Balicha in Udaipur, Rajasthan. Its own pages describe it as a Technology and Business Incubator supported by the…
Learn moreलाभ और फंडिंग
- राशि
- ₹10 लाख – ₹5 करोड़
आपको क्या मिलेगा
The VCF-ST scheme provides substantial financial assistance ranging from ₹10 lakh up to ₹5 crore per eligible startup. For technology-oriented innovative projects, specific funding up to ₹10 lakh per year for three years (aggregating ₹30 lakh) is available. The fund utilizes various financial instruments including Compulsorily Convertible Debentures (CCDs), Optionally Convertible Debentures (OCDs), Non-Convertible Debentures (NCDs), and various types of shares (CCPS/OCPS), with equity limited to a maximum of 49% at face value for innovative technology-oriented projects.
Funding can cover up to 75% of the total project cost, with the balance 25% to be contributed by promoters, government subsidies, bank loans, or other permissible means. Promoters are required to contribute at least 15% where other funding sources are utilized. The repayment tenure extends up to 10 years, including a principal moratorium of up to 36 months from the first disbursement. The fund offers a competitive return rate of 4% per annum for debt/convertible instruments, with a concessionary rate of 3.75% per annum for ST women entrepreneurs (holding at least 51% shareholding and serving as MD) and disabled entrepreneurs. Beyond finance, the scheme also supports innovative ideas through Technology Business Incubators (TBIs) and offers crucial hand-holding to startups until they reach commercial viability, along with strategic partnerships.
समयसीमा और प्रक्रिया
आवेदन
रोलिंग आधार पर
चयन प्रक्रिया
Applications are subject to a thorough appraisal process to determine eligibility and potential. Innovative ideas are often selected based on their endorsement or incubation by Technology Business Incubators (TBIs) or other premier academic/corporate incubation centers. Projects sanctioned by various Departments/Ministries of the Government of India, following due appraisal, are also considered. The evaluation focuses on the technology-oriented nature, innovation, commercialization potential, and the overall viability of the startup to ensure it aligns with the fund's objectives.
आवेदन प्रक्रिया
- 1
Apply Online
Submit your application through the official Google Forms link with all required business and project details.
आप - 2
- 3
- 4
आवेदन कैसे करें
ड्राफ़्ट से वितरण तक चार चरण — हर चरण में एक कार्रवाई।
- 1
अपना आवेदन ड्राफ़्ट करें
ग्रांट ट्रैकर के अंदर फ़ॉर्म भरें — AI आपके पिछले उत्तरों का उपयोग करके हर उत्तर का ड्राफ़्ट बनाता है, ताकि आपको खाली पन्ने से शुरुआत न करनी पड़े।
- 2
आधिकारिक पोर्टल पर जमा करें
आधिकारिक आवेदन लिंक का उपयोग करें और अंतिम रूप से जमा करने से पहले सभी विवरण सत्यापित करें।
- 3
फ़ॉलो अप करें
जमा करने के 5–7 दिन बाद प्राप्ति की पुष्टि और समीक्षा समयरेखा के बारे में पूछने के लिए संपर्क करें।
अक्सर पूछे जाने वाले प्रश्न
What is the primary objective of the VCF-ST scheme?
The VCF-ST scheme aims to promote entrepreneurship among Scheduled Tribes by providing concessional finance and supporting innovative startup ideas through various financial and incubation supports to help them reach commercial stages.
Who is eligible to apply for the VCF-ST fund?
Eligible applicants include entrepreneurs belonging to Scheduled Tribes, and companies where at least 51% of the shareholding is held by ST entrepreneurs with management control. The fund is open to startups in manufacturing, services, and allied sectors, particularly those with technology-oriented innovative projects.
What is the maximum funding amount available through VCF-ST?
The fund provides financial assistance ranging from ₹10 lakh to ₹5 crore. For specific technology-oriented innovative projects, the maximum support is ₹10 lakh per year for three years, aggregating to ₹30 lakh.
What kind of financial instruments does the VCF-ST fund utilize?
The fund primarily uses Convertible Debentures (CCDs, OCDs), Non-Convertible Debentures (NCDs), and various types of shares (CCPS/OCPS). Equity participation is limited to a maximum of 49% for innovative technology-oriented projects/startups.
Is there a repayment period or moratorium for the funding?
Yes, for debt and convertible instruments, the tenure can be up to 10 years. A maximum moratorium period of 36 months on principal repayment is provided from the date of the first disbursement.
How can I apply for the VCF-ST program?
Applications for the VCF-ST program are currently accepted through the official Google Forms link provided on the website. Applicants should ensure their business and project meet all stated eligibility criteria before submission. Further details on required documents can be found on the fund's official portal.
स्रोत
इस पेज की जानकारी आधिकारिक प्रोग्राम और प्रदाता स्रोतों से ली गई है।
