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vishakha Jangir
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๐ฃ๐ถ๐๐๐๐ต ๐ด๐ผ๐๐ฎ๐น ๐น๐ฎ๐๐ป๐ฐ๐ต๐ฒ๐ ๐ฅ๐ ๐ญ๐ฌ๐ฌ๐ฌ๐ฌ ๐๐ฟ ๐ณ๐๐ป๐ฑ ๐ณ๐ผ๐ฟ ๐๐๐ฎ๐ฟ๐๐๐ฝ๐ !! Commerce and Industry Minister Piyush Goyal unveiled a Rs 10,000-crore Fund of Funds for Startups (FFS) along with a national helpline to support early-stage entrepreneurs. Rs 2,000 crore will be disbursed this year to SIDBI as the first installment. A large portion will be directed toward seed funding for small startups, especially those focused on deep-tech innovation. The fund aims to support high-tech fields with significant capital needs and long development times, including: Artificial Intelligence (AI) Robotics Quantum Computing Machine Learning (ML) Precision Manufacturing Biotechnology Semiconductor Design A national helpline was launched, accessible through a simple four-digit toll-free number (available in regional languages). It will handle grievances and feedback from startups. It allows entrepreneurs to suggest improvements for the startup ecosystem. Goyal directed SIDBI to establish at least one support center in every state to provide shared facilities and basic infrastructure for early-stage startups. The goal is to create a strong pipeline of indigenous tech solutions, align with Indiaโs national priorities, and establish India as a global innovation leader. Follow vishakha Jangir for more such business insights.
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