Govt To Set UP INR 200 Cr VC Fund

The state government also intends to provide a monthly allowance of INR 2 Lakh to startups for a period of one year for operational costs

The policy proposes to set up new incubation centres or coworking spaces to provide capital support and operational subsidy “over and above” the existing subsidies provided by the Central government for a period of five years

Delhi government will also explore establishing partnerships with academia, incubators, government labs, and financial…