The main aim of the Tex Venture Fund is to help in the development of the power loom and textile-related sectors.
Investments towards the fund are made by the Small Industries Development Bank of India (SIDBI) Venture Capital Fund Ltd. (SVCL) on behalf of the Ministry of Textiles.
Investments are made in the form of equities to help start an enterprise or for expansion.
The main highlights and benefits of the scheme are mentioned below:
For more details, you can visit http://www.sidbiventure.co.in/index.html.
Investments are made by the SVCL in business models that are innovative and have a good management team. The business must also be related to the power loom and textile sector.
Preference will be given to projects that have new technologies and products that give a better value to customers.
The process that is followed by SVCL to select the business they invest is mentioned below:
Credit Card:
Credit Score:
Personal Loan:
Home Loan:
Fixed Deposit:
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