Swavalamban Challenge Fund (SCF)

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#SIDBI had launched #Swavalamban Challenge Fund (SCF) to crowd source #inclusive, #innovative and impactful solutions for #Livelihood creation, #Enterprise promotion, #Responsible #business, #Green business and Innovative Enterprise Solutions. A total 18 innovations were supported under the initiative. A mid term Assessment of the SCF was undertaken which has revealed that till March 2023, the project has reached 3975 beneficiaries of which 32% are persons with disability, 30% are rural and marginalized population, 19% are from tribal population, 10% are disaster victims, 6% are artisans and 2% were sex workers. It has so far helped in 523 enterprise creation, 156 credit linkage, 914 market linkage and has generated 391 employment till date. The mid term review was released by Shri S.C.L Das, IAS, Secretary, MSME in presence of Shri Siva S Ramann , CMD, SIDBI, Shri Vinit Kumar, CEO, KVIC and Dr. Subhransu Acharya , CGM, SIDBI on World #MSME day.

#SIDBIMSME #DigitalBankingUnit #MSME #BackingMSMEs #BuildingFuture #AKAM #GreenSIDBI #SIDBI_NewDelhi

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