Schemes and funds
Money, compute, incubation and training you can use from Tamil Nadu. 17 state and 9 central schemes, 16 accepting applications now. Each one links to the page that runs it.
AABCS (Annal Ambedkar Business Champions Scheme)Commissionerate of Industries and Commerce (MSME Department) FoundersSmall businessesFunding 35% capital subsidy, up to Rs 1.5 crore, plus 6% interest subvention Running AI Industry Development Programme (with IIT Madras)Government of Tamil Nadu with IIT Madras StudentsSkills Not a cash amount Announced, not yet open Atal Incubation Centres (Atal Innovation Mission)Atal Innovation Mission, NITI Aayog, Government of India FoundersSkills Not a cash amount Running BIRAC Biotechnology Ignition Grant (BIG)BIRAC, Department of Biotechnology, Government of India FoundersFunding Up to Rs 50 lakh grant for up to 18 months Runs in editions Credit Guarantee Scheme for Startups (CGSS)DPIIT, through NCGTC, Government of India FoundersFunding Guarantee cover of up to Rs 20 crore per borrower Running IndiaAI Compute Portal (GPU access)IndiaAI Mission, MeitY, Government of India FoundersStudentsSmall businessesCompute Not a cash amount Open IndiaAI Research Fellowship for PhD scholarsIndiaAI Mission, MeitY, Government of India StudentsSkills Rs 70,000 to Rs 80,000 a month, plus a Rs 2 lakh yearly research grant Running iTNT FOUNDATION FundiTNT Hub FoundersFunding Up to Rs 40 lakh per venture Running iTNT Hub BEACON pre-incubation bootcampiTNT Hub FoundersStudentsSkills Not a cash amount Runs in editions iTNT Hub PATHFINDER incubationiTNT Hub FoundersSkills Up to Rs 40 lakh in fund access Runs in editions NEEDS (New Entrepreneur-cum-Enterprise Development Scheme)Commissionerate of Industries and Commerce (MSME Department) FoundersSmall businessesFunding 25% capital subsidy, up to Rs 75 lakh, plus 3% interest subvention Running NIDHI PRAYAS 2.0Department of Science and Technology (DST), Government of India FoundersStudentsFunding Up to Rs 20 lakh (PRAYAS Centres) or up to Rs 40 lakh for deep-tech (Advance PRAYAS Centres) Running SAMRIDH (MeitY Startup Accelerator)MeitY Startup Hub, Government of India FoundersFunding One-to-one matching funding of up to Rs 40 lakh Runs in editions Startup India Seed Fund Scheme (SISFS)DPIIT, Ministry of Commerce and Industry, Government of India FoundersFunding Up to Rs 20 lakh as a grant; up to Rs 50 lakh as debt or convertible debentures Closed State GPU computing clusterDepartment of AI, IT and Digital Services FoundersCompute Not a cash amount Announced, not yet open Tamil Nadu DeepTech Startup Policy 2025-26iTNT Hub FoundersStudentsFunding Not a cash amount Running Tamil Nadu Emerging Sector Seed Fund (TNESSF)Tamil Nadu Infrastructure Fund Management Corporation (TNIFMC) FoundersSmall businessesFunding Typically Rs 3 crore to Rs 10 crore per investment Running Tamil Nadu SC/ST Startup FundStartupTN FoundersFunding Not a cash amount Running Tamil Nadu Startup Data Server Services SchemeELCOT FoundersCompute Up to Rs 5 lakh per startup per year, for up to 3 years Running TANFUNDStartupTN FoundersFunding Not a cash amount Open TANSEED (Tamil Nadu Startup Seed Fund)StartupTN FoundersFunding Up to Rs 15 lakh for green-tech, rural-impact and women-led startups; up to Rs 10 lakh for others Runs in editions UYEGP (Unemployed Youth Employment Generation Programme)Commissionerate of Industries and Commerce (MSME Department) FoundersSmall businessesFunding 25% subsidy, up to Rs 3.75 lakh Running Vetri Tamil Nadu AI Centres of ExcellenceELCOT FoundersStudentsSkills Not a cash amount Announced, not yet open Vetri Tamil Nadu Deep-Tech Innovation FundiTNT Hub FoundersStudentsFunding Initial corpus of Rs 50 crore Announced, not yet open Vettri Skill Training SchemeTamil Nadu Skill Development Corporation (Naan Mudhalvan portal) StudentsSkills Not a cash amount Running YUVA AI for ALL courseIndiaAI Mission, MeitY, Government of India StudentsFoundersSmall businessesSkills Not a cash amount Open
Bars compare the most one applicant can get, on a log scale from Rs 1 lakh to Rs 10 crore. Fund sizes and loan guarantees have no bar.
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