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Punjab to set up innovation fund to help start-ups

The Punjab government will establish Punjab Innovation Mission and Punjab Innovation Fund to help the start-ups in the state.

The government has proposed to set up an Innovation Fund of Rs 150 crore to invest in early-stage start-ups in Punjab.

The government’s participation in this fund will be a maximum of 10 per cent of the corpus, i.e Rs 15 crore.


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