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Venture Capital Fund for Scheduled Castes (VCF-SC)

Ministry of Social Justice and Empowerment

₹10 lakh to ₹15 crore, at a 4% coupon rate; up to 75% of project cost funded (up to ₹5cr)· Scaling

What is this?

VCF-SC helps SC entrepreneurs get affordable funding to start or grow businesses.

Objectives

  • A ₹750 crore corpus providing concessional finance to SC entrepreneurs, managed by IFCI Venture Capital Ltd.

Who can apply?

  • Units in manufacturing, services, and allied sectors (including startups/incubated units).
  • For assistance up to ₹50 lakh: ≥51% SC shareholding for the past 6 months with management control.
  • For assistance above ₹50 lakh: ≥51% SC shareholding for the past 12 months with management control.

What do you get?

  • Loans from ₹10 lakh to ₹15 crore at a 4% coupon rate.
  • Up to 75% of project cost funded for assistance up to ₹5 crore; up to 50% for assistance above ₹5 crore.

How to apply

  • Apply via the VCF-SC website.

Key links

Best suited for

Scaling

Common questions

Answers from this page only — not legal or financing advice.

What is VCF-SC?

VCF-SC helps SC entrepreneurs get affordable funding to start or grow businesses.

Who is this scheme typically for?

Units in manufacturing, services, and allied sectors (including startups/incubated units). For assistance up to ₹50 lakh: ≥51% SC shareholding for the past 6 months with management control. For assistance above ₹50 lakh: ≥51% SC shareholding for the past 12 months with management control.

Does FoundersOffice guarantee approval under this scheme?

No. Scheme pages here are advisory summaries for discovery. Eligibility, amounts, and process change — confirm on the official nodal ministry or scheme portal before applying.

Is FoundersOffice a government site?

No. FoundersOffice Idea Browser is an independent discovery and briefing tool — not affiliated with the Government of India, MSME, KVIC, DIC, or any bank. Nothing here is a sanction, loan offer, or guarantee of subsidy.

Disclaimer: Costs and sample reports are published by PMEGP / MSME authorities. FoundersOffice Idea Browser is an independent discovery and briefing tool — not affiliated with the Government of India, MSME, KVIC, DIC, or any bank. Nothing here is a sanction, loan offer, or guarantee of subsidy. Heuristics and future scores are advisory; verify on the official portal before applying.

Source: “Playbook of Government Schemes and Initiatives for Startups” (Govt of India, June 2026) · verify against the official scheme source before relying on this for a filing.