Karnataka Govt announces ₹10-crore fund for women entrepreneurs

Posted on:15 Mar 2017 09:27:53
Karnataka Govt announces ₹10-crore fund for women entrepreneurs
15 March 2017 Current Affairs: Karnataka Govt has announced an Idea2POC (Proof of Concept) fund of ₹10 crore for women entrepreneurs.

Under this (Idea2POC) scheme, the Karnataka Department of IT, BT and S&T will fund up to ₹50 lakh for any woman innovator looking for funds for Proof of Concept validation, certification, and cover costs in manufacturing of pilot devices. 

The IT/BT Department, under the Multi-Sector Startup Policy of Karnataka, created the Idea2PoC Fund.

 

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