Technology Business Incubator of NAARM, Hyderabad, Telangana 500030.
BIO SEED (Sustainable Entrepreneurship and Enterprise Development Fund) is an initiative from DBT – BIRAC to provide Capital assistance to start-ups with new and meritorious ideas, innovations and technologies. This would enable some of these start-ups to graduate to a level where they will be able to raise investments from angel/Venture capitalist or they will reach a position to seek loans from commercial banks /financial institutions. Thus, the proposed seed support is positioned to act as a bridge between promoters’ investment and Venture/Angel investment. This is not an investment scheme, but rather a support scheme to enable start-ups and incubator to attain sustainability.
a-IDEA supports early/Growth Stage Start-ups in Agriculture and Allied Sectors upto Rs.25 Lakhs. Under the SEED fund a-IDEA has designed a selection process to screen & select start-ups for equity and operational funding.