Chief minister M K Stalin unveiled a slew of initiatives aimed at heralding https://exam.pscnotes.com/inclusive-Growth“>Inclusive Growth in startups covering a cross section of streams including green tech, rural impact and Women-led startups.
The special package assistance has been launched to ensure an innovation-driven economy in the state as it targets to become a $1 trillion economy by 2030.
A key element of the special package for the startups in these select categories is 50% increase in grant to 15 lakh from the present 10 lakh through StartupTNs flagship grant initiative Tamil Nadu Startup Seed Grant Fund (TANSEED), Tamil Nadu government said in its order. The grant will be disbursed in three equal instalments of 5 lakh each, with 25% of total TANSEED assistance earmarked for women-led startups and 10% for rural impact startups, a State Government release said.