DPIIT to roll-out guidlines for national seed fund

DPIIT secretary Guruprasad Mohapatra told PTI that the department will work on a National Seed Fund policy and creation of the fund. “So now we will move a Cabinet note and create a fund and guidelines in this regard,” Mohapatra said.

“The government proposes to provide early life funding, including a seed fund to support ideation and development of early-stage startups,” the minister said during the presentation of union budget 2020.

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