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Everything to know about: Startup India Seed Fund Scheme (SISFS Scheme)

  India’s entrepreneurial ecosystem has grown tremendously over the last decade, supported by government-backed initiatives, technology adoption, and a surge of innovative business ideas. To further strengthen this momentum, the Government of India launched the Startup India Seed Fund Scheme (SISFS), a landmark initiative designed to ease the critical financial challenges faced by early-stage startups. Introduced by Shri Piyush Goyal, Minister for Railways, Commerce and Industry, Consumer Affairs, and Food & Public Distribution, the SISFS provides startups with essential seed funding to develop proof of concept, create prototypes, conduct product trials, enter the market, and begin commercialisation. This early-stage support bridges the funding gap that often prevents new businesses from transforming innovative ideas into viable, scalable companies. What is the Startup India Seed Fund Scheme (SISFS)? The Startup India Seed Fund Scheme is a government-backed initiative offering ...
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Applying for an MSME loan as a furniture manufacturer: Things to know

  Applying for an MSME loan is a crucial step for furniture manufacturers looking to scale their operations, manage cash flow, or upgrade machinery. These loans are specifically designed to support small and medium businesses, giving them access to affordable finance for growth and sustainability. Whether you run a small carpentry unit or a large-scale furniture manufacturing workshop, the right loan can help you navigate rising costs, competition, and market demand. However, applying for an MSME loan involves meeting specific eligibility conditions , submitting proper documents, and selecting the right scheme. Understanding these elements can greatly increase your chances of loan approval. Understanding MSME Loans for Furniture Manufacturers The Government of India classifies furniture manufacturers as MSMEs based on their annual turnover and investment in plant and machinery. Most small and medium units fall under this category, allowing them access to government-backed sc...
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