India, Aug. 21 -- The Government of India issued the following news release:
The following schemes/ incentives/ assistance have been announced/ implemented to promote start-ups in the space sector:
Rs. 1000 Cr. Antariksh Venture Capital (VC) fund has been announced to encourage private investment
Differential pricing policy to incentivize the start-ups
Technology Adoption Fund (TAF) of Rs. 500 Cr. for enabling technology development and commercialization
Seed fund scheme to encourage start-ups and NGEs to develop the space technologies and applications
Providing facilitation, established technical centre and mentorship to handhold and enabling private sectors.
Enabled cutting edge technology transfer from ISRO to private sector
Establishi...