VENTURE FUND

Eligibility

Sl Parameters Guidelines
(a) MSME linkage
  • SIDBI would invest only in MSME focused funds, i.e. funds which plan to invest atleast twice the SIDBI contribution or 50% of the Corpus (which ever is higher) in MSMEs as defined by Government of India  under the MSMED Act.
  • The funds would be expected to achieve this proportion of MSME financing by the end of the commitment period.
(b) Requirements for Asset Management Companies (AMCs) of the funds
  • Asset Management Company (AMC) structures to be in compliance with various regulatory and statutory requirements.
(c) SEBI registration
  • SEBI registration must for all funds.
  • A certificate for compliance of all SEBI guidelines would be obtained before release of assistance.
(d) Experience of Fund Manager
  • Fund Manager should have experience in managing Venture Funds.