
Unlock Government Funding for Your Startup Did you know the Government of India offers various schemes to support budding entrepreneurs? 1. Pradhan Mantri Mudra Yojana (PMMY): 2. • Loan Amount: Up to ₹10 lakh for non-corporate, non-farm small/micro enterprises. • Categories: o Shishu: Loans up to ₹50,000. o Kishore: Loans above ₹50,000 and up to ₹5 lakh. o Tarun: Loans above ₹5 lakh and up to ₹10 lakh. o These loans are collateral-free and can be availed through various financial institutions. citeturn0search4 2. Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE): • Loan Amount: Up to ₹5 crore without any collateral. • Coverage: Provides guarantee cover ranging from 75% to 85% of the loan amount, depending on the loan size and borrower category. This scheme facilitates access to credit for micro and small enterprises by providing credit guarantees to financial institutions. citeturn0search3 3. Atal Innovation Mission (AIM): • Support: Establishes Atal Incubation Centers (AICs) that nurture innovative startups. • Funding: Offers grants up to ₹10 crore over a period of 5 years. AIM aims to create and promote an ecosystem of innovation and entrepreneurship across the country. By leveraging these schemes, you can secure the necessary funds to kickstart and grow your business. Stay informed and make the most of these opportunities! #StartupIndia #Entrepreneurship #GovernmentSchemes #BusinessFunding #Innovation
This post was published on 27th February, 2025 by Shikhar on his Instagram handle "@shikharsuri_ (Shikhar Suri)". Shikhar has total 1.1M followers on Instagram and has a total of 704 post.This post has received 470 Likes which are lower than the average likes that Shikhar gets. Shikhar receives an average engagement rate of 0.06% per post on Instagram. This post has received 8 comments which are lower than the average comments that Shikhar gets. Overall the engagement rate for this post was lower than the average for the profile. #GovernmentSchemes #StartupIndia #Entrepreneurship #BusinessFunding #Innovation has been used frequently in this Post.