Tamil Nadu SC/ST Startup Fund (Equity Fund) by StartupTN — Eligibility Criteria

To be considered for the Tamil Nadu SC/ST Startup Fund, applicants must meet several key criteria:

• The company must be recognized as a Startup under the Tamil Nadu Startup and Innovation Policy.
• More than 50% of the company's equity must be held by one or more founders belonging to the Scheduled Caste or Scheduled Tribe categories.
• Control of the company must unequivocally rest with the SC/ST shareholders.
• The startup must be domiciled in India and maintain its principal base of operations within Tamil Nadu.
• The SC/ST entrepreneur(s) leading the startup must be natives of Tamil Nadu or be of Tamil origin.
• While not a strict requirement, preference is given to startups that conduct their primary operations within Tamil Nadu.

Eligible entity types include private limited companies and Limited Liability Partnerships (LLPs). Startups should typically be at the product or revenue stage of development.

Tamil Nadu SC/ST Startup Fund (Equity Fund) by StartupTN is open to startups at the product and revenue stage. The programme is targeted at startups registered in Tamil Nadu. Applicants should be registered as private limited and llp.