Techno Fund has been introduced to give an open sky to the potential startups of the state. The fund would be utilized for the growth and over-all development of the startups and will thus levitate the startup community of Rajasthan to the highest pinnacle in the country.
To ensure the robust growth in the investment infrastructure/substructure and encouraging the startup ecosystem, the Techno Fund has been introduced.
Beneficiaries
Prospective Start-ups
Women Start-ups
Green Start-ups
Proposed Allocation of Funds
Potential & Emerging Start-ups
Women Start-ups
Green Start-ups
Gain Insights on Funding
- A. Loans will be provided as per QRate ranking for a maximum period of three years
- B. No Lock-in period for start-ups to return the partial / complete loan amount
- C. 5% interest rate on reducing balance
- D. No securitization
- E. Repayment of loan with interest after six months of the date of disbursement
- F. Loan repayment in six monthly instalments
- G. lnstalment paid before the due date will be taken entirely to principal
- H. The loan will be given on properly executed bonds, in the prescribed format
- A. "Equity" shall be provided for a maximum period of 7 years
- B. Minimum Lock-in period will be 3 years
- c. Buy-back option shall be available to the start-ups from Day 1
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