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.
