Which State has set up a 100 crore fund to help startups

2023

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

A	Maharashtra
B	Tamilnadu
C	Gujarat
D	Kerala

Explanation:

Detailed explanation-1: -Maharashtra has the highest number of startups in India.

Detailed explanation-2: -Benefits/Assistance of the Scheme: Additional Grant up to INR 10 lakh can be availed by startups with significant social impact. Sustenance Allowance of up to INR 20, 000 per month for one year and up to INR 25, 000 per month for one year, if the start-up has at least one woman co-founder. Incubation at VentureStudio.

Detailed explanation-3: -Apply to Nodal Agency. Rs. 10, 000/-per month will be provided to the innovator as sustenance allowance for one year. Any individual/group of individuals having innovative idea/Concept will be eligible whose project is recommended and approved by institution’s Screening Committee.

Detailed explanation-4: -Gujarat has over 14, 000 registered startups According to the Startup India website, there are more than 14, 200 registered startups in Gujarat that sums up to 6.70% of the startups in the country.

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