Call for Grant Applications – Fund for Scheduled Caste/Scheduled Tribe Startup in Tamil Nadu
About Organisation
The Government of Tamil Nadu has launched various schemes aimed at promoting social inclusion and economic empowerment. One such initiative is the Tamil Nadu Scheduled Caste/Scheduled Tribe Startup Fund. The fund is managed by StartupTN, which works to develop a robust entrepreneurial ecosystem in Tamil Nadu. StartupTN supports entrepreneurs and startups, helping to create an inclusive environment for Scheduled Caste (SC) and Scheduled Tribe (ST) communities by providing financial support and fostering entrepreneurship. This initiative aims to bridge the financial gap that often prevents aspiring SC/ST entrepreneurs from entering the mainstream entrepreneurial ecosystem.
About the Grant
The Tamil Nadu Scheduled Caste/Scheduled Tribe Startup Fund aims to promote the entrepreneurial aspirations of SC/ST individuals by providing financial assistance to startups founded by them. The fund is designed to empower entrepreneurs from these communities by offering the necessary resources to launch and scale their businesses. The initiative fosters economic inclusion and helps combat financial exclusion, ensuring that SC/ST entrepreneurs can access the support and resources needed to succeed in today’s competitive business environment.
Who can Apply?
Eligibility for the Tamil Nadu Scheduled Caste/Scheduled Tribe Startup Fund requires that at least 50% of the equity of the company must be owned by SC/ST entrepreneurs. The controlling share must be held by SC/ST members, and the business must be based in Tamil Nadu. Applicants must also be native to Tamil Nadu or of Tamil origin. Preference is given to businesses operating primarily within Tamil Nadu. The application is processed in batches, on a first-come, first-served basis, and any influence during the process can lead to disqualification.
How to Apply?
To apply for the fund, entrepreneurs must submit their applications through the prescribed transparent process. Applications are processed in batches, and applicants must ensure all required documentation is provided. Ensure that the application is genuine, as any form of influence could lead to disqualification. The application process typically takes 4 to 6 months from acceptance.
Application Deadline
Applications will remain open until the threshold level of accepted applications is reached.
Last Date To Apply
For more information, please visit the grant website here.
