Startup Odisha, MSME Department, Government of Odisha
Status: active. Startup Odisha operates a Fund of Funds scheme with a target corpus of Rs 100 crore to be disbursed over 5 years, aimed at supporting the capital investment requirements of startups at seed stage. SEBI-registered AIFs/Angel Funds are empanelled as partner funds and required to match state contributions at a minimum 1:1 ratio.
Odisha's Rs 100 crore Fund of Funds channels seed-stage capital to startups through SEBI-registered partner AIFs/angel funds on a 1:1 matching basis, administered by Startup Odisha.