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JKEDI Seed Capital Fund Scheme SCFS | Start your own Startup

JKEDI SEED CAPITAL FUND SCHEME SCFS 

A component of Sher-e-Kashmir Employment and Welfare Programme for Youth (SKEWPY). Under this scheme 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.

TOTAL PROJECT COST OF YOUR DREAM BUSINESS SEED MONEY 35%*

PROVIDED BY JKEDI AS NON-REFUNDALE SEED CAPITAL BANK FINANCE 65%

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PROVIDED BY J&K BANK AT CONCESSIONAL INTEREST RATES

ELIGIBILITY

Education | Minimum 10+2
Age | 18-40 years
(The age limit shall be 18-42 years for the differently/specially abled persons)
First Generation entrepreneur
Unemployed youth registered with District Employment and Counselling Centres

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SCHEME DETAILS

Guarantee / Mortgage | No guarantee no mortgage
Moratorium | Upto 2 years depending upon the nature of the enterprise
Repayment | To be repaid in monthly )) installments within 5-7 years

FUNDING PATTERN 35% SEED CAPITAL COMPONENT UPTO A MAXIMUM OF

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

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For details contact our District Centres:

Anantnag: 01932-225672, 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, 9906840066 Kargil: 01985-232028, Leh: 01982-2522391 Centre for Women Entrepreneurship (K): 0194-2458517/19
Doda: 01996210016 & 9419530165. Jammu: 9419529411 & 01912478080, Kishtwar: 01995259504, Kathua: 01922233329, Poonch: 01965220426, Ramban: 01988266043, Rajouri: 01962260217, 9018020560, Reasi: 01991244064, Udhampur: 01992278050, Samba: 01923246752 | Centre for Women Entrepreneurship (J): 0191-2520028

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