JKEDI Seed Capital Fund Scheme SCFS | Good news for unemployed youth of J&K

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Jammu and Kashmir Entrepreneurship Development Institute JKEDI Seed Capital Fund Scheme Details. Good news for candidates looking to start their own Business.

A component of Sher-e-Kashmir Employment and Welfare Programme for Youth (SKEWPY). Under this scheme the government provides seed money to start-up entrepreneurs coupled with bank finance at concessional rates to enable their successful enterprise creation. The scheme is being implemented by JKEDI in collaboration with J&K Bank.

ELIGIBILITY

Age 18-40 years*

Minimum Qualification 10+2

First Generation Entrepreneur
Unemployed youth registered with District Employment and Counselling Centres

SCHEME SPECIFICS

Guarantee / Mortgage*
No guarantee no mortgage (‘Conditions apply)

Moratorium
Upto 2 years depending upon the nature of the enterprise Repayment

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TOTAL PROJECT COST OF YOUR DREAM BUSINESS

*35% SEED CAPITAL COMPONENT UP TO A MAXIMUM OF Seed Money 35%*

PROVIDED BY JKEDI AS NON-REFUNDABLE SEED CAPITAL Bank Finance 65%

PROVIDED BY J&K BANK AT CONCESSIONAL INTEREST RATES

» Rs. 4 lakh for 10+2/undergraduates

» Rs. 5 lakh for graduates

» Rs. 6.50 lakh for postgraduates

» Rs. 10 lakh for professional & technical graduates

Pampore, Kashmir: 01933-224362/65
IE, Bari Brahmna, Jammu: 01923-222412/13 |
Industrial Estate, Leh: 01982-252239

For details contact our District Centres:

Anantnag: 01932-226672.
Bandipora: 01957-225220.
Baramulla: 01952-234129.
Budgam: 01951-255128.
Ganderbal: 0194-2416123.
Kulgam: 01931-260130.
Kupwara: 01955-253582.
Pulwama: 01933-240030.
Shopian: 9419125825.
Srinagar 0194-2310463.
Kargil: 01985-232028.
Leh: 01982-252239
Centre for Women Entrepreneurship (K): 0194-2458517/19
Doda: 01996210016.
Jammu: 01912564242.
Kishtwar 01995259504.
Kathua: 01922233329.
Poonch: 01965220426.
Ramban: 01998266043.
Rajouri: 01962260217.
Reasi: 01991244064.
Udhampur 01992278050.
Samba: 01923246752
Centre for Women Entrepreneurship (J): 0191-2520028

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