Bihar Startup Seed Fund Hike to ₹25 Lakh: Dilip Jaiswal Announcement
Bihar is preparing a major push for entrepreneurship by proposing to raise its startup seed funding from ₹10 lakh to ₹25 lakh, a move announced by Industries Minister Dilip Jaiswal at the National Startup Day event “Avinya Bihar 2.0” in Patna.
Bihar raises the bar for startups
The Industries Department has proposed increasing the interest-free seed fund limit to ₹25 lakh per startup (from the current ₹10 lakh) to strengthen Bihar’s startup ecosystem. The announcement was made during “Avinya Bihar 2.0”, a National Startup Day programme organised jointly by CIMP Patna and IIT Patna, bringing together policymakers, academics and founders.
This proposal is expected to help early-stage founders build products, validate markets and hire talent—areas where cash flow is usually the bi...