Tamil Nadu Startup Seed Grant Fund (TANSEED)

You can receive funding up to 25 lakh, extendable to INR 50 lakh for exceptional projects, with part as a grant.

To fill the gap in fund requirements of startups, incubators, and accelerators, for research & innovations.

Up to INR 25 lakh, or as deemed appropriate by the TANSEED Expert Committee.
For extraordinary projects, funding may go up to INR 50 lakh with High Level Committee approval.
Up to INR 10 lakh considered as a grant.
Any funds exceeding INR 10 lakh require a matching grant.
Total funding to a startup shall not exceed INR 50 lakh across all categories.

Indian startup registered with TANSIM and STARTUP INDIA, headquartered in Tamil Nadu or willing to relocate.
Private Limited Company (under Companies Act 2013), Limited Liability Partnership (under LLP Act 2008), or registered Partnership Firm (under Partnership Act 1932).
Average profit for the last 3 years (or less for new entities) should be less than INR 5 Lakh.
Working on innovation, development, or process improvement with potential for employment generation, social impact, or wealth creation.
Should not have been formed by splitting or reconstructing an existing business or as a subsidiary/joint venture/associate of another company.
The startup should be at least 51% owned by Indian promoters.
No pending dues with any Government agency and not blacklisted by any Government agency in India.
Persons with OCI or PIO status are considered Indian citizens for this scheme.
Grant supports prototype development or market-ready products, not regular research.
Service startups in trade and commerce are generally ineligible.
Grant is valid for 18 months. A minimum gap of 18 months is required between grants, unless exceptional circumstances exist.

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