Kerala Invites Proposal from AIF for its Fund-of-Funds Scheme for Startups
11 Nov 2018 1:13 AM GMT
Kerala state government's nodal agency for entrepreneurship development and startup activities, Kerala Startup Mission (KSUM), has invited request for proposal (RFP) from SEBI-accredited alternative investment funds (AIFs) under its ?Fund-of-Fund? (FoF) scheme. Selected AIFs will receive funds from the State
- Kerala state government’s nodal agency for entrepreneurship development and startup activities, Kerala Startup Mission (KSUM), has invited request for proposal (RFP) from SEBI-accredited alternative investment funds (AIFs) under its ‘Fund-of-Fund’ (FoF) scheme.
- Selected AIFs will receive funds from the State Government to invest in the startups from Kerala and thus meet the fund requirements of fledgling technology enterprises.
- KSUM has invited the RFP online and the details are available at – startupmission.kerala.gov.in/programs/fof/ .
- The State Government had launched the Kerala Startup Corpus Fund, a first-of-its-kind initiative in India.
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