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Amma venture fund of ₹200 crore to fund Tamil Nadu startups
short by Pragya Swastik / on Tuesday, 20 December, 2016
The Tamil Nadu government will soon make ₹200-crore 'Amma Venture Capital Fund' announced by former CM late J Jayalalithaa operational to boost entrepreneurship in the state. The fund will provide each selected startup with ₹1 crore in funding. The new fund will work in conjunction with an already launched ₹20-crore biotech incubation centre in Chennai.
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