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Octafina: Empowering Startups and MSMEs
Octafina: Empowering Startups and MSMEs
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- Fund Your Business -

Government Grants and Funding

Government grants and funding are financial assistance programs from governmental entities designed to support research, development, education, and community projects. They aim to drive economic growth, innovation, and social welfare by allocating resources to eligible recipients.
  • Requirement as per scheme
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Central Govt. - CGTMSE

Under this scheme, eligible enterprises receive a 15% capital subsidy on loans from financial institutions. The main goal is to upgrade plant and machinery to state-of-the-art technology, regardless of whether the enterprise is expanding.
  • Identity proof
  • Proof of business address
  • Address proof of applicants
  • Proof of business
  • PAN card of the applicant and company in question
  • Recent passport size photographs
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Venture Capital

Venture capital is vital for nurturing innovation and backing early-stage startups with high potential. Unlike traditional bank loans, it involves investors who provide funding and strategic guidance to high-risk ventures, leveraging their expertise to boost the startup’s success.
  • Audited/Provisional P&L, Balance Sheet, and Cash Flow Statement
  • Sales Projection for Target Market Penetration
  • Company Logo (HD)
  • Company Incorporation
  • Last 3-year IT Return (if available)
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Seed Money

A seed fund scheme provides early-stage financial support to startups for product development, market research, and initial operations. Often offered by government agencies, it helps promising ventures in their infancy when traditional funding is limited.
  • Certificate of Incorporation (PDF)
  • Director Name
  • Contact number
  • Email ID
  • Company Profile
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