State Schemes for MSMEs

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Scheme Name: Semiconductor Venture Fund

State: Karnataka

Description of the Scheme: Focused on investment and development of semiconductor industry with investments in units catering to semiconductors, electronics system design and manufacturing (ESDM), embedded systems and such other allied sectors.

Target group :

Sector of the Scheme:

Eligibility Criteria: Panel of experts judge the application and have further discussions and presentations to decide on funding.

Nature & Mode of Assistance: Corpus: Rs.92.95 crores.

"Financial Information (Subsidy, low interest rate, etc.)":

"Other Assistance (Procurement of machinery, Technology /Marketing, International Cooperation, etc.)":

How to apply:

Process to avail:

Send executive summary covering aspects like brief background of company & promoters, technology, past financial performance, market opportunities, uniqueness of the product/technology/solution, funding requirements.

Where to apply: http://www.kitven.com/application-form

Whom to Contact:

email to info@kitven.com or

Send physical application form to Karnataka Asset Management Company Private Limited, 403, HVS Court, 4th Floor, HVS Court, 21, Cunningham Road, Bangaluru - 560052.

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