Key Objectives of SEED Funding Schemes
- Promote Entrepreneurship: Encourage new business ideas and startups.
- Economic Development: Boost job creation and economic growth.
- Innovation Support: Fund innovative and scalable business models.
- Mentorship and Training: Provide guidance and skill development for entrepreneurs.
Eligibility Criteria
Eligibility typically depends on:
- Business Stage: Early-stage startups or small businesses.
- Innovation: Unique and scalable business ideas.
- Team: Qualified and committed founders.
- Location: Often limited to specific regions or countries.
- Sector: Focus on priority sectors like technology, healthcare, agriculture, etc.
Types of Support Provided
- Seed Funding: Initial capital to start or grow the business (e.g., 10,000–10,000–100,000).
- Mentorship: Access to industry experts and advisors.
- Training Programs: Workshops on business planning, marketing, and finance.
- Networking Opportunities: Connections with investors and other entrepreneurs.
- Infrastructure Support: Access to co-working spaces or labs.