How to Apply for Babasaheb Ambedkar Investment Fund — Debt & Equity for SC/ST in Maharashtra

Proposals are submitted through the fund's online application form, with supporting documentary proofs and a detailed business proposal annexed as instructed.

Every application then goes through a stringent review by the competent authorities at IDBI Capital Markets & Securities Ltd. The assessment looks at the promoter's entrepreneurial qualities, the strength of innovation in the proposition (IP-based solutions are preferred), how scalable the business is, how clearly the business model is articulated, adherence to sound governance standards and ethical practices, and the capability of the management team.

The fund reserves the right to apply additional company-specific criteria. Shortlisted entities are contacted for further information and for presentation or interview rounds.

No investment or divestment decision is taken until the competent authorities give explicit approval, which keeps the selection of investees thorough and judicious.