- More Info
- www.vcfsc.in
- Organization
- Ministry of Social Justice and Empowerment (MoS&JE) (IFCI Venture Capital Funds Limited)
- Fund type
- Equity | Preference
- Source
- Government
- Status
- Active
- Focus area
- Biotech, Medtech, Health & rehabilitation | Agriculture, food and nutrition | Cleantech, energy, environment, waste, sanitation | Automation, mobility | Hardware, software, IOT, data, AI, ML | 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
- D. Technology Scale-up/ Validation / De-risking | E. Market Entry | F. Expansion
Rs.20 lakh to Rs.15 Crore [Maximum aggregate assistance not more than two times the current net worth of the Company].
Purpose
A Social Sector initiative to be implemented nationally to promote entrepreneurship amongst Backward Classes (BC) population, who are oriented towards innovation and growth technologies; applicble for companies having at least 51% stake holdings by Backward
Classes entrepreneurs