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Nidhi - Fund your Business
Government Grants and Funding , Central Govt. – CGTMSE , Venture Capital , Seed Money
About Nidhi
The Nidhi Fund is a type of non-banking financial company (NBFC) in India, designed to facilitate the habit of saving and thrift among its members. It operates through its members, who are encouraged to make regular deposits, contributing to the collective fund. This pooled resource is then used to provide loans to members at reasonable interest rates, promoting mutual benefit and financial support within the community. The primary objective of Nidhi Funds is to cultivate savings and offer financial assistance to members, fostering a self-reliant and economically stable member base.
Government Grants And Funding
Government grants and funding are financial assistance programs provided by governmental entities to support various initiatives, such as research, development, education, and community projects. These grants aim to stimulate economic growth, innovation, and social welfare by allocating resources
Seed Money
A seed fund scheme is an initiative designed to provide initial financial support to startups and entrepreneurial ventures in their early stages. Typically offered by entities such as government agencies, these schemes offer seed funding for product development, market research, and initial operations.
Central Govt. - CGTMSE
Under this scheme, eligible enterprises can enjoy a capital subsidy of 15% on loan availed from a financial institution. The primary objectives of this scheme can be described as the intention to upgrade the plant and machinery of enterprises with state-of-art technology, irrespective of expansion.
Venture Capital
Venture capital is a financing method crucial for fostering innovation and supporting early-stage, high-potential startups. Unlike conventional funding avenues such as bank loans, venture capital involves investments by individuals or firms in ventures considered too risky for regular financing.
Business Activities
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