Seed Capital Fund Scheme-SCFS
SCFS is a major component of Sher-e-Kashmir Employment Welfare Programme for Youth (SKEWPY), a landmark economic empowerment initiative of the state. The scheme provides seed money up to Rs 7.50 lakhs coupled with bank finance at concessional rates to eligible youth for setting up their enterprises. The institute is the sole implementing agency for the scheme whereas J&K Bank is its debt syndicator.