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Venture Capital Fund for Scheduled Castes

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More Info
www.vcfsc.in
Organization
Ministry of Social Justice and Empowerment (MoS&JE) (IFCI Venture Capital Funds Limited)
Fund type
Awards | Equity | Debt | Debentures
Source
Government
Status
Active
Focus area
Biotech, Medtech, Health & rehabilitation | Agriculture, food and nutrition | Cleantech, energy, environment, waste, sanitation | Automation, mobility | Industrial Products | Material Tech, textiles | Space and Aviation | Edtech, Fintech | Other sectors
Target
Private Limited Company
Fund range
Rs. 10 lakhs- Rs. 25 lakhs | Rs. 25 lakhs- Rs. 50 lakhs | Rs. 50 lakhs- Rs. 2cr | Rs. 2 cr- Rs. 10 cr | Greater than Rs. 10 cr
Fund stages
A. Technology Development | B. Patent Protection | C. Technology In-Licensing | D. Technology Scale-up/ Validation / De-risking | E. Market Entry

Assistance up to Rs.10 lakhs to Rs. 15 Crore according to eligibility criteria for Companies having at least 51% shareholding by Scheduled Castes entrepreneurs.

Purpose

VCF-SC scheme is designed to support the budding entrepreneurs and business-oriented persons from Scheduled Castes, who aspire to grow and in turn create employment and support in national interest of the country.