<h1>India Launches Rs. 945 Crore Fund to Support 3,600 Startups and MSMEs, Enhancing Innovation and Economic Growth.</h1> The Startup India Seed Fund Scheme (SISFS) has been approved for four years starting April 2021, with a Rs. 945 crore corpus to support 3,600 startups in India through eligible incubators. The scheme aims to assist startups with proof of concept, prototype development, product trials, market entry, and commercialization. Additionally, measures under the Atmanirbhar Bharat Package include rescheduling loan payments, easing working capital financing, and providing financial support to MSMEs. These measures include emergency working capital facilities, subordinate debt for stressed MSMEs, equity infusion, and a revised MSME definition to boost domestic manufacturing and exports.