Tamil Nadu Emerging Sector Seed Fund
A Category I (Venture Capital) Alternate Investment Fund
Tamil Nadu Emerging Sector Seed Fund (TNESSF) is a Government of Tamil Nadu initiative that has been established with the objective to invest in start-ups and undertakings in the sunrise/ emerging sectors. Our purpose is to identify and invest in “bankable” start-ups & emerging sector companies to add alpha to the business in the form of financial and non-financial support.
Eligibility Criteria to apply for funding from TNESSF
Investment Guidelines
- Focus – Innovative and High Growth Enterprises
- Industry – Sector agnostic with focus on sunrise sectors
- Typical Size – INR 3 to 10 Cr in equity or convertibles
- Geography – Companies registered in the State of Tamil Nadu
Evaluation Criteria
- Track record of the promoters and company
- Growth prospects of the company
- Capital efficient business models
Application Process
- Interested applicants may send their pitch deck or filled in application form to tnessf@tnifmc.com. The application form is downloadable by CLICKING HERE.
- TNIFMC would revert to applicants for any further information, if necessary.