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Bureau for Facilitating MSMEs of Tamil Nadu (FaMe TN)
(A Section 8 company under MSME Department, Government of Tamil Nadu)
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TN SC/ST Startup fund
Government of Tamil Nadu
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TN SC/ST Startup fund

Tamil Nadu Scheduled Caste / Scheduled Tribe Startup Fund is an exclusive initiative of the Government of Tamil Nadu to address the issue of financial exclusion of entrepreneurs belonging to marginalised communities. The objective of this fund is to invest in startups founded by entrepreneurs exclusively from the Scheduled Caste / Scheduled Tribe communities.

Objective
  • Encourage SC/ST Founders to Build and Operate Startups Within Tamil Nadu
Key Benefits
  • Entrepreneurs exclusively from the Scheduled Caste / Scheduled Tribe communities.
Eligibility Criteria
  • Eligibility Criteria
    The applicant, at the time of application, should conform to the definition of Startup under the Tamil Nadu Startup and Innovation Policy. More than 50% of equity of the company/enterprise must belong to one or more founders who belong to the SC/ST community. The control of the company/enterprise should vest with SC/ST shareholders. The company/enterprise should be domiciled in Tamil Nadu and its principal base of operation should be Tamil Nadu. The SC/ST entrepreneur(s) who have applied should be native(s) of Tamil Nadu or of Tamil origin. Preference will be given if such entrepreneur(s) have their principal base of operations within Tamil Nadu.
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