Big plans lined up for start-ups under ‘iStart Rajasthan’ initiative

The Rajasthan government is planning to make the state a hub for start-ups.

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.”

He added that the government proposes to increase the matching share to Rs 1 crore from Rs 25 lakh earlier, which is provided to start-ups through the iStart fund.

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.