The Government of India offers various funding schemes to support entrepreneurs.

Some of the
prominent ones are:

1. Start-up India Scheme: It provides financial assistance, tax benefits, and mentorship to start-ups in
sectors such as technology, manufacturing, and agriculture.

2. Stand-Up India Scheme: Aimed at promoting entrepreneurship among Scheduled Caste/Scheduled

Tribe and women entrepreneurs, it offers bank loans of Rs 10 lakh to Rs 1 crore to set up greenfield
enterprises.

3. Pradhan Mantri Mudra Yojana: It focuses on providing loans to micro and small businesses with a
loan requirement of up to Rs 10 lakh. It provides three categories of loans - Shishu (up to Rs 50,000),
Kishore (up to Rs 5 lakh), and Tarun (up to Rs 10 lakh).

4. MSME Loans in 59 Minutes: To ease the loan approval process for Micro, Small, and Medium
Enterprises (MSMEs), this scheme provides an online platform to receive in-principle approval for
loans within 59 minutes.

5. Credit Guarantee Fund Scheme: Under this scheme, entrepreneurs can avail collateral-free loans
of up to Rs 2 crore for setting up new or expanding existing businesses. The government guarantees
75-85% of the loan amount to financial institutions.

6. Atal Innovation Mission (AIM): AIM provides financial support and mentoring to promote
innovation and start-ups among students, entrepreneurs, and professionals through various
programs like Atal Tinkering Labs and Atal Incubation Centers.

7. National Small Industries Corporation (NSIC) Schemes: NSIC offers schemes like Single Point
Registration, Marketing Assistance, and Raw Material Assistance to MSMEs to enhance their
competitiveness.

8. Technology Development and Acquisition Fund (TDAF): It supports technology-based start-ups by

providing funding for research and development, technology acquisition, and technology
commercialization.

These schemes provide financial assistance, technical support, and mentorship opportunities to
entrepreneurs, helping them start or expand their businesses and contribute to the growth of the
Indian economy.
The Tamil Nadu government provides several initiatives and support measures to encourage and
support entrepreneurs in the state. Some of these include:

1. Tamil Nadu Industrial Policy: The state government has formulated the Tamil Nadu Industrial
Policy which aims to create a conducive and enabling environment for entrepreneurship and
industrial development. This policy includes various provisions and incentives to promote
investment in the state.

2. Single Window Facilitation: The Tamil Nadu government has established a single-window system
for facilitating, coordinating, and expediting various clearances and approvals required for setting up
businesses. This system helps entrepreneurs in navigating through the bureaucratic process
seamlessly.

3. Tamil Nadu Industrial Guidance and Export Promotion Bureau: The Tamil Nadu Industrial
Guidance and Export Promotion Bureau provide guidance and support to entrepreneurs in setting up
and running their businesses. This agency also promotes export-oriented industries by facilitating
tie-ups with foreign companies and organizing trade fairs and exhibitions.

4. Entrepreneurship Development Institute: The state government has established entrepreneurship

development institutes and centers across Tamil Nadu. These institutes provide training, skill
development programs, and workshops to educate and mentor aspiring entrepreneurs.

5. Financial Assistance: The government provides various financial assistance schemes and incentives
to promote entrepreneurship. These include subsidies, grants, loans, and reimbursement of
expenses for specific activities like research and development, technology up-gradation, and skill
development.

6. Incubation Centers: Tamil Nadu has multiple incubation centers that provide facilities and support
for startups and emerging entrepreneurs. These centers offer infrastructure, mentoring, networking
opportunities, and access to funding agencies.

7. Special Economic Zones (SEZs): The state government has established Special Economic Zones in
various locations across Tamil Nadu, which provide a favorable environment for export-oriented
industries. These zones offer tax benefits, infrastructure facilities, and other incentives to businesses.
8. Skill Development Initiatives: The government has initiated several skill development programs for
the youth to enhance their employability and promote self-employment. These programs aim to
equip individuals with the necessary skills and knowledge required for entrepreneurship.

9. Ease of Doing Business: The Tamil Nadu government is actively working towards improving the
ease of doing business in the state. Various reforms and measures have been implemented to
simplify procedures, reduce bureaucratic red tape, and expedite clearances and approvals.

Overall, the Tamil Nadu government is committed to supporting and promoting entrepreneurship in
the state by providing assistance, incentives, and a supportive ecosystem for aspiring and existing
entrepreneurs.