COVID-19 STARTUP ASSISTANCE SCHEME (CSAS)
Posted 01/04/2023
| Description | SIDBI recognizes the operational and financial challenges being faced by the start-ups and endeavors during COVID-19 Pandemic to provide financial assistance and stability via its scheme viz. Covid-19 Startup Assistance Scheme (‘CSAS’). Purpose: To provide interim support to startups whose cash flow and liquidity has been adversely impacted by the Covid-19 pandemic. The assistance can be used for various working capital requirements like salaries / wages, rent, administrative expenses, payment to vendors etc. |
| Provider Type Central Govt / State Govt / Private Sector | Central government |
| Provider Name | Small industries development bank of India |
| Amount | 2 crores |
| Grant Conditions & Qualifying Criteria | I. Government defined Start-ups which has received funding through atleast one of the Alternate Investment Funds registered with SEBI.II. Startups with a minimum employee base of 50 employees. This may also include the foot soldiers. III. Startup should have been incorporated for less than 10 yearsVI. Startups should have a positive Net WorthVII. Startups should have demonstrated innovative measures for ensuring business continuity during the Covid – 19 period. |
| Focus Sector (Healthcare, Defense, Agriculture, etc.) | |
| Provider Contact Email | NA |
| Provider Website URL | https://www.indiascienceandtechnology.gov.in/funding-opportunities/startups/covid-19-startup-assistance-scheme-csas |
| Type of funding (Grant, Loan or Equity) | NA |
| Process | NA |
| Tips for Winning | NA |
| Provider Indian State | NA |
| Provider Contact Address | |
| Is Active | "Yes" |
| Other Details |
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