What is the Startup Innovation Fund?
Current Affairs

What is the Startup Innovation Fund?

September 17, 202610 views

The Startup Innovation Fund is an initiative announced by Prime Minister Narendra Modi during the 18th BRICS Summit in New Delhi (12–13 September 2026).

It was unveiled as part of a suite of new measures designed to strengthen business, technology, and trade cooperation across BRICS member states. The fund was introduced alongside several complementary startup and enterprise initiatives, including:

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  • BRICS Incubator Network

  • BRICS Micro, Small and Medium Enterprise (MSME) portal

  • BRICS Logistics Supply Chain Cooperation framework

  • (Note: While the sources record its formal launch as part of India's BRICS chairship agenda, specific details regarding its corpus size, funding mechanics, or eligibility criteria are not detailed in the available materials.)

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