MSME Minister Announces Seedfund for Differently Abled and Transgender Startups in Tamil Nadu
Chennai – June, 29, 2024: Hon’ble Minister for MSME, Thiru. T.M. Anbarasan, announced in the assembly that a special Seedfund will be introduced to support the Startups run by differently abled and transgender people in Tamil Nadu. He made the announcement on Friday during the demand for grant session for the
MSME Department.
The special Seedfund is meant to support startups run by differently-abled individuals and transgender people in order to achieve inclusive growth in new- age entrepreneurship development. StartupTN will identify potential beneficiaries throughout the state.
The Hon’ble Minister announced that new Regional Startup Hubs will be established in Coimbatore and Tiruchi cities in the current financial year. Regional Startup Hubs have already been established in Madurai, Tirunelveli,
Erode, Salem, Hosur, Cuddalore, and Thanjavur in the last two years. In addition, the Chennai Metro Startup Hub, equipped with all the required facilities, has already been established.
The Hon’ble Minister also announced that Global Startup Coordination Centres (GCC) will be established in Singapore and the United States of America in the 2024-25 financial year to support startups registered in Tamil Nadu in expanding their business on the global stage, he said. The Hon’ble Minister also announced that a modern Design Studio named ‘Thozhil Nayam’ will be established at StartupTN Chennai Metro Hub to fulfil the requirements of startups in designing their products.
