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Programme

Early-stage Funding Support: Post Seed Fund

A programme by Department of Industries, Government of Bihar

A larger repayable loan for seed-funded start-ups that have launched a product and have potential to grow.

At a glance

Best forSeed-funded Bihar start-ups with a product in the market that want a follow-on loan.
StageMVP – Early revenue

About Early-stage Funding Support: Post Seed Fund

The Post Seed Fund is for start-ups that have already launched a product in the market, have potential to grow and need more capital than the seed stage gave them.

What you get

  • A repayable loan with simple interest
  • Repayment in monthly instalments over five years, after a two-year moratorium

Who can apply

  • Certified start-ups that have launched a product in the market
  • Start-ups that have received the seed fund and meet a minimum turnover test, which differs for product and service businesses

How selection works: The department reviews your project report and the utilisation certificate for the seed fund, and a committee approves the loan.

How to apply: Use the Post Seed Fund form on the Startup Bihar portal, or write to the department's start-up email address given in the guidelines.

Where to apply

Other Department of Industries, Government of Bihar programmes

Everything about Department of Industries, Government of Bihar