Seed Fund Support Scheme

Financial Assistance to Start-ups / Entrepreneurs

         With the support of Technology Development Board, a Seed Fund Support System has been constituted by PSG-STEP to extend the financial support to the start-ups along with the infrastructure support to cater the early stage requirements, Testing, Trials & Test Marketing.

The financial support would be extended to:

·         Product Development

·         Testing

·         Trial & Test Marketing

·         Filing of Patents

         The financial support will also be extended to projects that are in high-risk areas and directed towards commercial realization of innovative technologies thereby enhancing the start-ups to a level where they can be fit for seeking further financial support from Technology Development Board (TDB) / Venture Capitalists and other supporting agencies.

Quantum of Assistance:

Minimum assistance : Rs. 1.00 lakh
Maximum assistance : Rs. 25.00 lak

For guidelines & application format Click here.

For more details, contact:

The Manager
PSG-STEP
PSG College of Technology
Coimbatore – 641 004
Phone : 91-422-4363300, 4363301
Fax    : 91-422-2573833e-mail  : psgstep@vsnl.com