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Techno Fund

Techno Fund

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.

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Beneficiaries

Prospective Startups

Women Startups

Green Startups

Proposed Allocation of Funds

Potential & Emerging Startups

Women Startups

Green Startups

Funding as Loan

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

Funding as Equity

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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