Central government · Government of India

SME Growth Fund SGF

A new ₹10,000 crore government commitment to an equity fund that will invest growth capital directly in high-potential small and medium enterprises, mainly manufacturers.

Last updated on

Cost to apply
Not known yet
Status
Announced, not open yet
Run by
Government of India, through an Alternative Investment Fund set up under the SGF framework
Official website (external site)

What you get

  • Long-term growth equity for SMEs that want to scale, add capacity, adopt technology, export or make acquisitions
  • Majority of money aimed at small and medium manufacturing enterprises, including those in Tier II and Tier III industrial clusters

Who can apply

  • Businesses that are already running.
  • Open to businesses in manufacturing and services.
  • Small and medium enterprises.
  • Enterprises will be chosen on defined criteria, with demonstrated business viability and scalability

Worth knowing

Announced in Budget 2026-27 and approved by the Cabinet on 6 October 2026. Fund manager, eligibility criteria and how to approach it not yet published.

Where we found this

An independent guide by The Company of Four, not a government website. Schemes change often, so check every detail on the official website before you apply. Links marked ↗ open external websites that we do not run, and we are not responsible for their content. Seen something out of date? Tell us and we will look into it.

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External website

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