An industry department official said, “The state government plans to provide a fund of Rs 250 crore under the Rajasthan Venture Capital Fund (RVCF). The money will be given to youths for setting up start-ups and industries based on modern technology.”
iStart Rajasthan aims to foster innovation, create jobs and facilitate investment in the state. It is an integrated platform and single-window resource for start-ups, investors, incubators, accelerators and mentors.
Rajasthan has around 3,490 registered start-ups, including 795 in rural areas. Till now, more than 25,648 jobs have been created through these start-ups and a total ofRs 492 crore has been invested.
In the state’s start-up policy for 2022, incubators, accelerator programmes and investors are being given assistance along with facilities like a free place, connectivity, mentorship, market connect as well as VC and investor connect, among others.
First Published: May 01 2023 | 5:21 PM IST