Punjab to launch Venture Capital Fund with pvt cos

States Bureau
Posted: 2009-01-13 00:08:01+05:30 IST
Updated: Jan 13, 2009 at 0008 hrs IST

Font Size

Feedback

Discuss

Chandigarh: The Punjab government will set up a Venture Capital Fund in collaboration with private companies to provide financial ass-istance to new ventures in the state.

“We are in the process of setting up a venture capital fund in which state as well as private companies will be putting in money to give funds for setting up new projects coming up in the state,” Punjab industry and commerce principal secretary SS Channy said.

He further stated that the said fund will be managed by the private companies while adding that the government had sought Expression of Interest from consultants to suggest ways of making it operational.

Discuss this story on expressindia forums

Post Comments

Comments: (Limit 3,000 characters)

Name		Message
Email ID
Subject

TERMS OF USE:
The views, opinions and comments posted are your, and are not endorsed by this website. You shall be solely responsible for the comment posted here. The website reserves the right to delete, reject, or otherwise remove any views, opinions and comments posted or part thereof. You shall ensure that the comment is not inflammatory, abusive, derogatory, defamatory &/or obscene, or contain pornographic matter and/or does not constitute hate mail, or violate privacy of any person (s) or breach confidentiality or otherwise is illegal, immoral or contrary to public policy. Nor should it contain anything infringing copyright &/or intellectual property rights of any person(s).

I agree to the terms of use.

Most Read

Most Emailed

More

Express Classifieds
Post and view free classifieds ad Send Gifts
Flowers and Gifts Express Astrology
Know what's in the stars for you

Home Print Edition Latest News Stocks epapers Archives Subscribe Company Info