Haryana's Bold Move: Rs 100 Crore Boost to 'Atmanirbhar Start-Up' Dream
The Haryana Industries and Commerce Department, alongside SIDBI Venture Capital Ltd., has pledged Rs 100 crore to the Atmanirbhar Startup Venture Fund. This agreement aims to cement Haryana as a global innovation hub, fostering a thriving entrepreneurial ecosystem through strategic financial and institutional support for start-ups across varied sectors.
- Country:
- India
The Haryana Industries and Commerce Department has partnered with SIDBI Venture Capital Ltd., committing Rs 100 crore to the Atmanirbhar Startup Venture Fund. This substantial investment was sealed through a contribution agreement signed on Friday, aimed at empowering local start-ups.
The initiative was spearheaded by Chief Minister Nayab Singh Saini, who envisions positioning Haryana as a global hub for innovation. The fund seeks to support scalable and sustainable start-ups across sectors such as artificial intelligence, health-tech, and agri-tech.
This partnership underscores Haryana's strategy to nurture a vibrant start-up ecosystem through comprehensive support and market expansion opportunities, reflecting the state's commitment to entrepreneurship and economic growth.
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