The Union Budget 2025-26 has announced measures to support entrepreneurship with the introduction of a new Fund of Funds for startups and a targeted financing scheme for women and SC/ST first-time entrepreneurs.
Key Announcements:
- New Fund of Funds for Startups:
- A fresh contribution of ₹10,000 crore has been announced, in addition to the existing ₹10,000 crore government contribution.
- This fund will support Alternate Investment Funds (AIFs), which have already received commitments exceeding ₹91,000 crore.
- New Scheme for 5 Lakh Women, SC, and ST Entrepreneurs:
- The scheme will provide term loans up to ₹2 crore over the next five years.
- It will also offer online capacity-building programs to improve entrepreneurial and managerial skills.
These initiatives aim to enhance access to capital for startups and provide financial support and training to first-time entrepreneurs from underrepresented groups, helping them expand their businesses and improve financial sustainability.
