Provision of Equity support

    The identified innovative ideas from SC students in the TBIs would be provided equity assistance under the revised dispensation of the VCF-SC scheme up to Rs.30 lakhs over a period of 3 years, subject to satisfactory evaluation of the progress by the concerned TBI’s.
    During the incubation period of 3 years, the entrepreneurs shall not be insisted for any financial contribution except the expenses required for forming a company which would be borne by the entrepreneurs or TBIs. Financial assistance to these initiatives shall be released to the entities promoted by these young SC entrepreneurs.