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Government will assess the on-the-ground impact of the Startup Seed Fund Scheme

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The Startup India Seed Fund Scheme will be evaluated by a third party, according to the Department for Promotion of Industry and Internal Trade (DPIIT).

The change will be made in order to better understand and quantify the scheme’s impact on the ground. Shruti Singh, joint secretary, stated that the department was conducting a third-party assessment to determine the impact on the ground. She added that authorities have received ‘good’ feedback from incubators and startups participating in the scheme so far. On January 16, National Startup Day, the MAARG portal will go live. In the last two years, 656 startups have been incubated through the Startup India seed fund scheme.

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We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Sreejit Kumar
Sreejit Kumar
Hi, I'm Sreejit Kumar, a journalist with a Master's degree in Journalism. Through my education and professional experience, I have developed a keen eye for detail and a passion for uncovering the truth. As an author for this news website, I am committed to delivering accurate, timely, and engaging stories that inform and entertain our readers.

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Government will assess the on-the-ground impact of the Startup Seed Fund Scheme

The Startup India Seed Fund Scheme will be evaluated by a third party, according to the Department for Promotion of Industry and Internal Trade (DPIIT).

The change will be made in order to better understand and quantify the scheme’s impact on the ground. Shruti Singh, joint secretary, stated that the department was conducting a third-party assessment to determine the impact on the ground. She added that authorities have received ‘good’ feedback from incubators and startups participating in the scheme so far. On January 16, National Startup Day, the MAARG portal will go live. In the last two years, 656 startups have been incubated through the Startup India seed fund scheme.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Sreejit Kumar
Sreejit Kumar
Hi, I'm Sreejit Kumar, a journalist with a Master's degree in Journalism. Through my education and professional experience, I have developed a keen eye for detail and a passion for uncovering the truth. As an author for this news website, I am committed to delivering accurate, timely, and engaging stories that inform and entertain our readers.

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