Explain about Risk Capital and Technology Finance Corporation Ltd. (RCTFC)

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Explain about Risk Capital and Technology Finance Corporation Ltd. (RCTFC)

neetubm Offline

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Posts: 122
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12-29-2009, 07:30 PM

The IFCI sponsored the Risk Capital Foundation (RCF) in 1985 to give positive encouragement to new entrepreneurs. The RCF was converted into RCTFC on 12 January 1988. It provides both risk capital and technology finance under one roof to innovative entrepreneurs and technocrats for their technology-oriented ventures. Most of the projects it assisted were based on new technology, or new usages of existing technology.

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