This course will enable the Startups to understand complete knowledge on Startup India Seed Fund Scheme. The participants will also learn step-by-step process of the application. The participants will also get a chance to attend a physical seminar to discuss their concerns, if any.
The India Startup Seed Fund Scheme is a government initiative aimed at providing financial assistance to early-stage startups. The scheme aims to help startups overcome the initial funding hurdle and build a strong foundation for their businesses.
Though the easy financial assistance in the form of capital and debt both is essential for entrepreneurs at the early stages of their startup, they find it difficult to get any of them.
It is necessary to provide seed funding to startups with an innovative idea to conduct proof of concept trials, but unfortunately, the funding from angel investors and venture capital firms is available to startups only after the proof of concept has been provided. Similarly, banks provide loans to the startups against the collateral security and against the tangible assets only.
Startup India Seed Fund Scheme (SISFS) aims to provide financial assistance to startups for proof of concept, prototype development, product trials, market entry and commercialization.
The SISFS would enable the startups to graduate to the next level, so that they they may be able to raise investments from angel investors or venture capitalists. At this level the banks and financial institutions may also agree to provide debt funding to the startups who might have started commercialization.
Considering these issues being faced by Startups, DPIIT has launched a Startup India Seed Fund Scheme (SISFS) with an outlay of INR 945 Crore to provide financial assistance to startups for Proof of Concept, prototype development, product trials, market entry, and commercialization.
SISFS will support an estimated 3,600 entrepreneurs through 300 incubators.
The Hon’ble Prime Minister of India announced the scheme in his Grand Plenary address of Prarambh: Startup India International Summit on January 16, 2021 and the same was notified on 21.01.2021.
The Seed Fund will be disbursed to eligible startups through eligible incubators across India.
This course is to provide complete knowledge of Startup India Seed Fund Scheme. The course is divided into 7 classes, as per details below:
1 Subject
7 Learning Materials
4 Courses • 1452 Students
Mr. Mukesh Mohan Gupta by profession is a Chartered Accountant having experience of over 30 years in MSMEs, Auditing, Accounting, Finance, Law, Banking and Economics.
Mr. Gupta served as an Independent Director on the board of Dena Bank. He has also served as Independent Director on board of PSUs like Artson Engineering Limited (a subsidiary of TATA Projects Limited), Hindustan Fertilizers Corporation Limited, Madras Fertilizers Limited & JCT Electronics Limited.
Mr. Gupta also presented a "Report on Suggestions for Timely and Adequate Finance to MSME Sector" to Sh. Shri Pranab Mukherjee, then Hon'ble President of India;
Mr. Mukesh Mohan Gupta has been selected by LinkedIn under their Creator Accelerator Program India, wherein only 200 LinkedIn Content Creators have been selected.
Mr. Gupta delivered various sessions on different topics related to Micro, Small & Medium Enterprises at various platforms including Zee Business, Rajya Sabha TV, CNBC Awaaz, Sansad TV, News24, India TV, APN TV etc;
Mr. Gupta as President of Chamber of Indian Micro Small and Medium Enterprises has submitted various suggestions to Hon’ble Prime Minster of India Sh. Narendra Modi Ji, Hon’ble Finance Minister of India Smt. Nirmala Sitharaman ji & Hon’ble Minister of MSME Sh. Narayan Tatu Rane Ji, many of which are accepted. He presented Pre-Budget Memorandum for Union Budgets to Ministry of Finance, Government of India;
As a social responsibility, Mr. Mukesh Mohan Gupta started a YouTube channel, 'MSME HELPLINE,' wherein informative videos related to every scheme for MSME and Startups are posted. So far almost 470 videos are being posted on this YouTube Channel. The Channel has approx. 9.30 Lakhs Subscribers and 3,71,90,565 viewers as on date.
Mr. Mukesh Mohan Gupta in association with Indian MSME Helpline Private Limited, has launched www.msmeloans.co.in , a loan depository and a B2B debt marketplace for the lenders and the borrowers.
Mr. Gupta also conducted interviews with various dignitaries at TV program name “POSITIVE TALK WITH MUKESH MOHAN GUPTA” telecasted on ZEE BUSINESS. The Dignitaries also included various Union Ministers like Sh. Piyush Goyal Ji, Sh. Giriraj Singh ji, Sh. Kalraj Mishra, Dr. Jitendra Singh.
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