What is a Venture Capital Fund?
A Venture Capital Fund is a pooled investment vehicle that invests in startups and small businesses with high growth potential. These investments are generally characterized as high-risk/high-return opportunities. The fund is typically managed by a venture capital firm, and the investors are usually institutions or high-net-worth individuals. The aim is to achieve above-average returns despite the risk.
New startup policy launched in J&K, focus to set up 2,000 startups by 2027
The newly launched “New Jammu & Kashmir Start-up Policy- 2024-27” signifies a major step forward for J&K. This policy outlines a comprehensive framework to empower aspiring entrepreneurs and propel the region towards becoming a thriving startup hub. Let’s delve deeper into this policy and explore the government’s multifaceted role in its success.
In Short:
- J&K’s new startup policy aims to establish 2,000 startups by 2027.
- The government will set up a Venture Capital Fund of Rs. 250 Crores.
- The policy provides entrepreneurship facilities to students and women.