UK-India Tech Start-up Fund
Description
The Programme, in partnership with the Government of India (GoI), aims to strengthen the start-up ecosystem in India. The Programme will co-invest with GoI in a portfolio of Investee Funds that will provide investment capital to under-funded job-creating technology-driven start-up enterprises. The funding will be directed towards climate action, clean tech, agri tech, manufacturing tech, health tech etc. The Technical Assistance (TA) will help to address market failures, strengthen UK-India entrepreneurial connect while improving access to services, creating jobs leading to poverty reduction. The Programme is expected to create opportunities for UK investors to co-invest in Indian start-ups and or for UK companies, academic and research institutions to participate in TA activities. The programme will also encourage businesses working on climate and environment issues through both risk capital and technical assistance.
Location
The country, countries or regions that benefit from this Programme.
Status Implementation
The current stage of the Programme, consistent with the International Aid Transparency Initiative's (IATI) classifications.
Programme Spend
Programme budget and spend to date, as per the amounts loaded in financial system(s), and for which procurement has been finalised.
Participating Organisation(s)
Help with participating organisations
Accountable:Organisation responsible for oversight of the activity
Extending: Organisation that manages the budget on behalf of the funding organisation.
Funding: Organisation which provides funds.
Implementing: Organisations implementing the activity.
- Accountable
- Funding
- Implementing
Sectors
Sector groups as a percentage of total Programme budget according to the OECD Development Assistance Committee (DAC) classifications.
Budget
A comparison across financial years of forecast budget and spend to date on the Programme.
Policy Marker(s)
ODA measures in relation to their realisation of OECD development policy objectives