SETU will be a Techno-Financial, Incubation and Facilitation Programme to support all aspects of start up businesses, and other self-employment activities, particularly in technology-driven areas. It aims to create around 100,000 jobs through start-ups.
An amount of INR 1,000 crore is being set up initially in NITI Aayog for SETU for setting up of incubation centres and enhance skill development to facilitate the startup ecosystem in the country while improving the ease of doing business.
This scheme aims at increasing the number of startups by incubation and extending other services for reducing the rate of unemployment in the country.
This scheme is for the Budding entrepreneurs who will be able to get incubation and other supoort while doing startup.
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