Small Industries Development Bank of India Launches Second Window of Swavalamban Challenge Fund

Small Industries Development Bank of India (Sidbi), the principal financial institution engaged in the promotion, financing and development of micro, small and medium enterprises (MSMEs) has launched the second window of Swavalamban Challenge Fund (SCF), which aims to provide financial support to non-profit organizations, educational institutions, or social startups for addressing developmental gaps.

According to a press release issued by Sidbi, "The focus is on innovative projects addressing the green, clean, or efficient climate change. Other themes are sustainable livelihood, financial inclusion, and access to financial services and promoting the culture of entrepreneurship."

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