Startup funding is capital provided to selected TED entrepreneurs. There are two categories of funding, the first is available to entrepreneurs who have received Pre-Incubation training and the second is for the entrepreneurs who seek seed capital but do not wish to attend training.
Entrepreneurs who have received pre-incubation training are eligible to participate in a business plan competition where they can receive seed funding in the form of an interest free loan of up to 2 lakhs. These entrepreneurs can also apply for the TED Investment Award or the Revolving Loan Fund (RLF) program.
Entrepreneurs who seek funding but do not wish to participate in business training from TED can apply for the Revolving Loan Fund. TED will provide assistance acquiring the loan and the necessary documents required for submission to the RLF. While these entrepreneurs cannot participate in the Business Plan Presentation, they can apply for the TED Investment Award.