The Role Of Startup India Seed Fund Scheme (SISFS) & Fund Of Funds For Startups (FFS) In Startups In India
Keywords: Startups, SISFS, FFS, Entrepreneurship
AbstractEasy availability of capital is very important for the entrepreneurs during the early stages when the enterprise has just begun. There are different sources of funds which could be used by the entrepreneur like venture capital firm or angel investors etc. Funds could be arranged from these funding agents only when the startups have a proof for their concept. Similarly, loans could be provided by banks, but there is a possibility to get from the banks only when the applicants is being backed by assets. It is very important for providing seed funding to the startups who are having an innovative idea for conducting proof of concept trials. Government is not directly funding the startups under Startup India initiative. For providing capital at different stages in the business cycle, Government has implemented Fund of Funds for Startups (FFS) Scheme and Startup India Seed Fund Scheme (SISFS). This study is based on secondary data which is based on Fund of Funds for Startups (FFS) Scheme and Startup India Seed Fund Scheme (SISFS). Data has been analyzed using tables and graphs. The conclusion from the study is that there are many startups in our country and the Government has taken initiatives to provide support to the startups.
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