PM Modi launches Rs 1,000-crore ‘Startup India Seed Fund’
- Prime Minister Narendra Modi launched Rs 1,000-crore ‘Startup India Seed Fund’ on 16 January 2021, while addressing the ‘Prarambh: Startup India International Summit’ 2021.
- The Startup India Seed Fund would support startups in need of initial capital to start and grow their business and help budding entrepreneurs pursue innovative ideas.
- This initiative will help in setting up new startups and promote their growth.
Source: Money Control