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CO4 Session 18 Financial Estimation & Funding
CO4 Session 18 Financial Estimation & Funding
Estimation
& Funding
Opportunities for Early Funding for Startups
Government
Startup Schemes
(IOCL, CICSO, ISRO
& others)
1.Atal Innovation Mission (AIM):
https://aim.gov.in/
Govt. 2.Startup India:
Supported https://www.startupindia.gov.in/con
tent/sih/en/search.html?query=fun
funding ding
schemes for 3.National Science and Technology
Entrepreneurship Development
startups Board (NSTEDB):
https://www.nstedb.com/
4.India Science Technology and Innov
ation
https://www.indiascienceandtechn
ology.gov.in/funding-opportunities/s
tartups
5.Technology Development Board
(TDB):
http://tdb.gov.in/seed-support-sche
Govt.
Supported 1.Biotechnology Industry Research
Assistance Council (BIRAC):
funding https://birac.nic.in/
schemes for 2.Rural Innovation Fund (RIF):
startups https://www.nabard.org/content1.a
spx?id=685&catid=8&mid=8
3.Pradhan Mantri Yuva Yojana:
https://pmjandhanyojana.co.in/prad
han-mantri-yuva-yojana/
• IBM Global Entrepreneur Program: IBM's
Global Entrepreneur Program provides
Industry startups with access to IBM cloud services,
Sponsored technology support, and networking
opportunities. The program is designed to
Funding help startups scale and grow their
businesses.
Schemes for More information about the program can be
startups for found here
students https://developer.ibm.com/startups/
https://about.fb.com/news/2022/10/announcing-o
ur-2022-facebook-community-accelerator-participa
Nasscom 10,000 Startups: Nasscom 10,000
Startups is a startup accelerator program that
Industry provides startups with access to technology
support, mentorship, and networking
Sponsored opportunities. The program is designed to help
startups build and grow their businesses.
Funding More information about the program can be
Schemes for found here
http://10000startups.com/
startups for
students Zone Startups India: Zone Startups India is a
startup accelerator program that provides
startups with access to technology support,
mentorship, and networking opportunities. The
program is designed to help startups build and
grow their businesses.
More information about the program can be
found here
https://www.zonestartups.com/india
DIFFERENT TYPES OF
FINANCIAL NEEDS
• To ensure you have adequate funds, it’s
important to estimate your financial needs
before starting a new business.
• One-time costs may include such items as
legal and professional costs for incorporating
or registering your business; starting
inventory; licence and permit fees; office
supplies and equipment; long-term assets,
such as machinery, a vehicle or real estate;
consulting services; and website design.
• Recurring expenses will include such items
as salaries, rent or lease payments, raw
materials, marketing costs, office and plant
overhead, financing costs, maintenance and
professional fees.
What is a financial
projection?
Key points to
remember for Why are financial
projections
financial important?
estimation
How to make
financial projections
for small business
What is a financial
projection?
• In short, financial projections are a
forecast of future revenue and
expenses.
• You can create different types of
financial projections for start-ups,
including short-term, medium-term,
and long-term projections.
• While short-term projections tend to
be focused on the first year of your
business, a long-term projection may
cover three to five years.
Why are financial
projections
important?
2
Identify Finding some of the funding agencies and
some of the hackathon programs hosted by the countries
except India. (Example: The below two
famous Funding Agencies are hosted by India I
hackathon mentioned for your reference).
and funding
Take 20 minutes of time and list out at least 5
agency funding agencies and mention five
schemes hackathons or ideathons are hosted by other
countries and their programs.
hosted by
the
countries?
Thank
You