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Medialย โขย 10m
Indian Government Expands Credit Guarantee Scheme for Startups The Indian government has doubled the Credit Guarantee Scheme for Startups, increasing the maximum loan cover from โน10 crore to โน20 crore. This will help startups access more capital and grow their businesses. The scheme allows startups to get loans without providing collateral, making it easier for them to get funding. Key Highlights: - Increased loan cover: โน20 crore - Purpose: To support innovation-driven startups - Benefit: Collateral-free debt funding options - Expected impact: More opportunities for startups to access capital #StartupIndia #Funding #GovernmentSupport #CreditGuarantee #StartupGrowth
Stoic : Boundlessย โขย 1y
What are the key Budget announcements for startups? Finance Minister Nirmala Sitharaman said the government will set up a new fund of funds worth โน10,000 crore for startups. The credit guarantee cover for startups has also been increased from 10 cr
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Medialย โขย 1y
๐ Exciting News for MSMEs! ๐ The government is rolling out a new credit guarantee scheme to help MSMEs get loans up to Rs 100 crore without needing collateral. This is a big boost for small businesses looking to grow and invest in machinery and eq
See MorePartner @ Finshark A...ย โขย 1y
**Opportunity Alert: CGTMSE Scheme for MSEs** Dear all, Exciting news! The CGTMSE Scheme offers collateral-free loans up to *Rs. 2 crore* for micro and small enterprises (MSEs). Key features include: - No need for collateral or third-party guarante
See MoreYour partner from St...ย โขย 10m
๐ Empowering India's Innovators: DPIIT's Enhanced Credit Guarantee Scheme In a significant move to bolster India's startup ecosystem, the Department for Promotion of Industry and Internal Trade (DPIIT) has announced pivotal enhancements to the Cred
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Set2Scoreย โขย 1y
๐ช๐ต๐ฎ๐'๐ ๐ถ๐ป ๐๐ต๐ฒ ๐จ๐ป๐ถ๐ผ๐ป ๐๐๐ฑ๐ด๐ฒ๐ ๐ฎ๐ฌ๐ฎ๐ฑ ๐ณ๐ผ๐ฟ ๐๐๐ฎ๐ฟ๐๐๐ฝ๐? The government aims to support 5.7 crore MSMEs with enhanced financial assistance and policy measures. Loan guarantees for micro-entrepreneurs will be expanded to ens
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Keen Learner and Exp...ย โขย 1y
How many of these government schemes to support the startup ecosystem are you aware of? 1. Startup India Initiative (SII) [2016] - This scheme offers three years tax holiday and reduced regulatory burden along with access to a Fund of Funds worth โน1
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Hey I am on Medialย โขย 1y
๐ฐ In 2023, over 1,500 Indian startups were funded through government schemes like the Startup India early stage Seed Fund Scheme (SISFS), which allocated โน950 crore, and the Credit Guarantee Scheme for Startups (CGSS) By BJP Government and interesti
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AI Engineer with bus...ย โขย 1m
Does anyone have any experience with CGTMSE (Credit Guarantee Scheme for MSMEs) loan ? Can you share it here ? 1. How to apply 2. What do banks look for while sanctioning ? 3. What are the chances of getting it sanctioned ? 4. Best bank for the sam
See MoreVenture Partnerย โขย 14d
*โ Needs Funds To Grow Your Business in India & UAE* *Scale up with Unsecured debt funding up to โน20 crore in < 5 days.* *#Business loan* *#Working capital loan* *#Home loan* *#Private debt funding* *#Loan against property* *๐We also do large pr
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