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The Hindu
The Hindu
National
The Hindu Bureau

AIC-SKU Confederation gets startup seed fund of ₹63 lakh

AIC

The Department for Promotion of Industry & Internal Trade (Startup India Section) of the Union Ministry of Commerce and Industry has released a seed fund of ₹63 Lakh (non-recurring) including the management fee to the Anantapur-based ‘Atal Incubation Centre-Sri Krishnadevaraya University Confederation, under the Startup India Seed Fund Scheme for 2023-24 financial year.

AIC-SKU Director Konduru Nagabhushan Raju, in a statement, said that the facility had partnered with 22 academic institutions including universities, engineering colleges and degree colleges in Andhra Pradesh and Telangana.

The fund release was important for the startups incubated at this centre for the furtherance of their desired goals. The AIC-SKU has guided and mentored many startups successfully.

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