Sustainable Entrepreneurship and Enterprise Development Fund (SEED) - A BIRAC initiative.
The idea behind BIRAC’s initiative – Sustainable Entrepreneurship and Enterprise Development Fund (BIRAC SEED Fund) is to provide capital assistance to startups with new and meritorious ideas, innovations and technologies. BIRAC Seed Fund aims to enable startups to graduate to a level where they can raise investments from angel investors/venture capitalists or seek loans from commercial banks /financial institutions. Thus the seed support is positioned to act as a bridge between promoters’ investment and Venture/Angel investment.
Eligibility Criteria for BIRAC SEED Fund
– And is working towards innovation, development, deployment or commercialization of new products, process or services driven technology or intellectual property