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India offers a variety of funding schemes for startups and MSMEs through banks and financial institutions, including SIDBI, SBI, Bank of Baroda, HDFC Bank, and ICICI Bank. These schemes provide financial assistance such as loans, working capital, and venture funding tailored to the needs of small businesses. Entrepreneurs can choose from multiple options based on their specific business requirements and growth stages.

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11 views2 pages

Ede 5

India offers a variety of funding schemes for startups and MSMEs through banks and financial institutions, including SIDBI, SBI, Bank of Baroda, HDFC Bank, and ICICI Bank. These schemes provide financial assistance such as loans, working capital, and venture funding tailored to the needs of small businesses. Entrepreneurs can choose from multiple options based on their specific business requirements and growth stages.

Uploaded by

gaurangrane6
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Practical 5: Visit a bank or financial institution to enquire about

various funding schemes for small scale enterprise


Several banks and financial institutions in India offer funding schemes specifically designed for
startups and MSMEs (Micro, Small, and Medium Enterprises). These schemes provide financial
assistance through loans, working capital, venture funding, and government-backed incentives.
Below is a comprehensive list of some key funding schemes available in India:

1. SIDBI (Small Industries Development Bank of India)


Schemes
SIDBI plays a crucial role in financing startups and MSMEs through various funding schemes,
including venture capital, direct financing, and soft loans.

 SIDBI Fund of Funds for Startups (FFS) – Provides venture capital funding through
Alternative Investment Funds (AIFs). This scheme is managed by SIDBI on behalf of the
government to support high-growth startups.
 SIDBI Startup Assistance Scheme – Offers financial aid to innovative startups with
strong business potential, especially those with technological advancements.
 SIDBI Make in India Soft Loan Fund for MSMEs (SMILE) – Provides soft loans to
support new businesses in the manufacturing and service sectors.
 SIDBI Growth Capital and Equity Assistance – Provides quasi-equity support to
startups and MSMEs for growth and expansion.
 Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) – A
government-backed scheme managed by SIDBI that provides collateral-free loans to
MSMEs.

2. State Bank of India (SBI) Startup Loan Schemes


SBI offers several financial products for startups and small businesses, including collateral-free
loans and working capital support.

 SBI Startup Assist – Provides working capital and term loans to startups registered
under the Startup India initiative.
 SBI e-Mudra Loan – Offers small-ticket loans (up to ₹50,000) to micro-businesses,
including startups, without the need for extensive paperwork.
 SBI Asset-Backed Loan – Loans against property for startup funding.
 SBI Stand-Up India Scheme – Provides bank loans between ₹10 lakh and ₹1 crore to
SC/ST and women entrepreneurs to promote financial inclusion.
 SBI Business Loan for SME – Designed for small businesses needing funds for
expansion, machinery purchase, or working capital.
3. Bank of Baroda (BOB) Startup Loans
 Baroda Startup Banking – A comprehensive banking solution with funding support for
early-stage startups.
 BOB Mudra Loan – Micro-loans up to ₹10 lakh for small businesses and startups.
 BOB Stand-Up India Loan – Special financing for women entrepreneurs and SC/ST
business owners.

4. HDFC Bank Startup Assistance


HDFC Bank provides specialized funding options and financial products for startups and small
businesses.

 HDFC SmartUp – A banking program with funding, mentorship, and networking


opportunities for startups.
 HDFC Business Growth Loan – Collateral-free loans for startups and SMEs, offering
flexible repayment options.
 HDFC Digital Startup Loans – Special financial support for tech startups focusing on
digital innovation.

5. ICICI Bank Startup Loans


ICICI Bank supports startups with loans, working capital, and advisory services.

 ICICI iStartup 2.0 – A banking initiative that provides financial support, investment
solutions, and business networking opportunities for startups.
 ICICI MSME Express Loan – Quick business loans for micro, small, and medium
enterprises.
 ICICI Bank Venture Capital Assistance – Helps startups seeking investor funding by
offering structured financial produc

Conclusion

India has a robust ecosystem for startup funding, with both government-backed and private
financial institutions offering loans, working capital, venture capital, and other financial support
mechanisms. Entrepreneurs can explore various schemes based on their business type, growth
stage, and funding needs.

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