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What our members have to say...
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"DMA have had a positive experience of using the online Angel Investment Network services and are looking forward to attending the upcoming investment fair. Help and support has always been swiftly available from the whole team, and we have also received the personal attention of the Managing Director to help tighten up a complicated and very sector-specific proposal. The fees for Angel Investment Network services are extremely favourable when compared to other UK investment networks and the online listing process is quick and easy, which is obviously a huge bonus for fledgling companies low on resources. All in all, a successful service run by helpful and knowledgeable people."
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Leo McDowall-Benton - www.darkmatteraudio.com |
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Punjab government sets up venture capital fund for IT sector
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The Punjab government has set up a venture capital fund for the IT and software sector and to help the entrepreneurs to set up small and medium units in the state.
The fund has a corpus of Rs 20 crore, and within the next two years it will be increased to Rs 100 crore.
Disclosing this here today, Punjab Industries Minister Tikshan Sud said the fund has been set up by the government bodies like Punjab Infotech, Punjab State Industrial Development Corporation Ltd and Punjab Financial Corporation in association with the Small Industries Bank of India.
Sud said Punjab's IT and software exports have crossed the Rs 1,000 crore mark. He said financial assistance will be provided to small and medium entrepreneurs through soft loans from the fund. |
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