The Horizon Fund is an exciting investment opportunity for startups in various industries looking to scale and grow their operations. If you are exploring how to raise funds for a startup in India, this fund stands out as a critical resource for revenue-generating ventures.
Designed to support businesses ready for expansion, this rolling investment scheme provides startups with the opportunity to secure initial funding, followed by follow-up investments to support future growth. Whether you're a Partnership, LLP, or Private Limited Company, the Horizon Fund can provide the necessary financial support to help your startup reach the next level.
In this detailed guide, we will cover everything you need to know about the Horizon Fund details, including:
- What the Horizon Fund Scheme is
- Horizon Fund eligibility criteria for the program
- Focus areas and commercial benefits
- Documents required for Horizon Fund application
- How to apply for the fund successfully
What is the Horizon Fund Scheme?
The Horizon Fund Scheme is an investment initiative designed to support revenue-generating startups at various stages of growth. It is open to startups across all sectors, with no specific industry restrictions. Unlike a without security business loan, which is a debt instrument, this is an equity-based investment.
The fund provides:
- Initial Investment: Up to USD 100,000 (approximately INR 83 Lakhs).
- Follow-up Investment: Up to USD 250,000 (approximately INR 2 Crores) based on progress and achieved milestones.
The scheme is offered on a rolling basis, which means startups can apply at any time during the year, providing continuous access to funding. The goal of the Horizon Fund is to help startups bridge the gap between their current stage and future global scaling, much like the support offered through the MeitY Genesis EIR 2 program for tech innovators.
Key Features of the Horizon Fund Scheme:
Seed to Scale Capital
Total potential investment of up to ₹2 Crores.
No Debt Burden
Equity funding allows reinvesting profits into growth instead of EMIs.
Global Network
Connection with a vast network of international investors and corporate partners.
Are you a revenue-generating startup ready for growth?
Apply for the Horizon Fund and receive up to ₹2 Crore in funding to scale your operations!
Eligibility Criteria for the Horizon Fund Scheme
To qualify for the Horizon Fund, your startup must meet specific technical and financial standards. The Horizon Fund eligibility focuses on ventures that have already proven their market fit through revenue generation.
Horizon Fund Eligibility Table
| Criteria | Details |
|---|---|
| Startup Type | Must be a registered entity as a Partnership, LLP, or Private Limited Company. |
| Revenue Generation | Startups must be revenue-generating and demonstrate current market traction. |
| Stage of Startup | Growth-stage startups focusing on scalability and commercial viability. |
| Geography | Must be operating in India with a valid MSME Certification. |
| Compliance | Clean financial records and up-to-date tax exemption filings. |
Are you a revenue-generating startup ready for growth?
Apply for the Horizon Fund and get up to ₹2 Crore in funding to scale your operations!
Focus Areas of the Horizon Fund Scheme
The Horizon Fund details indicate that the program is sector-agnostic, though it favors technology-driven solutions. Startups that align with government grants focus areas often see higher success rates.
Focus Areas Table
| Focus Area | Description |
|---|---|
| Technology | Disruptive products in software, hardware, and deep-tech. |
| Sustainability | Startups in clean energy, waste management, and CleanTech. |
| E-Commerce | Scalable online marketplaces and retail technology solutions. |
| HealthTech | Medical technologies and biotech innovations (aligned with startup health programs). |
| EdTech | E-learning, skills development, and educational infrastructure technology. |
| AgriTech | Solutions for precision farming (similar to RKVY RAFTAAR goals). |
Does your startup focus on e-commerce, healthtech, or clean-tech?
Apply now for the Horizon Fund and scale your innovative solutions with up to ₹2 Crore in funding!
Benefits of the Horizon Fund Scheme
The Horizon Fund Scheme provides a holistic support system for entrepreneurs. It helps founders transition from a small team to a structured corporate entity.
Benefits Table
| Benefit | Details |
|---|---|
| Seed to Scale Capital | Total potential investment of up to ₹2 Crores. |
| No Debt Burden | Equity funding allows reinvesting profits into growth instead of EMIs. |
| Expert Mentorship | Access to MSME Growth Advisory sessions and industry leaders. |
| Global Network | Connection with a vast network of international investors and corporate partners. |
| Tax Benefits | Access to various state-level tax exemptions and incentives. |
Need equity investment to scale your startup?
Apply for the Horizon Fund and receive up to ₹2 Crore in funding to grow your operations!
Documents Required for the Horizon Fund Application
Preparation of your documentation is the most important step in the fundraising for startups in India process. Ensure you have the following Documents required for Horizon Fund ready:
Required Documents:
- ✓Company Registration Docs: Certificate of Incorporation and DPIIT Startup Recognition.
- ✓Professional Pitch Deck: Explaining the problem, your revenue model, and traction (refer to grant for ventures for deck structure).
- ✓Comprehensive Business Plan: Detailed market analysis and 3-year financial projections.
- ✓Latest Financials: Audited balance sheets and Profit & Loss (P&L) statements.
- ✓Technology Description: Proof of concept (PoC) and evidence of technology readiness.
- ✓Founders' CVs: Highlighting domain expertise and previous successful ventures.
- ✓Customer Traction: Evidence of existing users, revenue, or signed partnerships.
- ✓MSME Details: Copy of MSME Certification.
How to Apply for the Horizon Fund Scheme
Applying for the Horizon Fund is a straightforward process. Follow these steps:
Prepare Your Documents
Submit Your Application
Review & Evaluation
Interview & Selection
Funding & Mentorship
Apply now for the Horizon Fund
Get the funding and support you need to scale your startup.
Is There a Deadline for Applying to the Horizon Fund Scheme?
The Horizon Fund Scheme operates on a rolling application basis, meaning there is no fixed deadline. You can apply whenever your startup reaches the required revenue milestones.
However, it is always best to apply early to secure a place in the current investment cycle. Always check the official portal for the latest Horizon Fund eligibility updates. You can also read about the truth about Enego services to see how we assist with these applications.
FAQs: Horizon Fund Scheme
What is the Horizon Fund Scheme?
The Horizon Fund is an investment program providing equity-based funding of up to ₹2 Crore and mentorship for growth-stage, revenue-generating startups.
How much funding is available under the Horizon Fund?
The scheme offers an initial investment of up to ₹83 Lakhs (USD 100k) and a follow-up investment of up to ₹2 Crores.
Who is eligible to apply for the Horizon Fund?
Startups must be in the growth stage, be revenue-generating, and be registered as a Partnership, LLP, or Private Limited company. Review the Horizon Fund eligibility section for more.
What documents are required for the Horizon Fund application?
You need a professional pitch deck, audited financial statements, a business plan, founder CVs, and company registration papers.
Conclusion: Why Apply for the Horizon Fund Scheme?
The Horizon Fund Scheme offers valuable resources for startups that have already passed the initial "valley of death" and are generating revenue. With equity-based funding of up to ₹2 Crore, it provides the runway needed to become a market leader.
Whether you are in tech, health, or agri-business, this fund provides the mentorship and capital to help you succeed. Understanding how government grants work and fundraising for startups in India can give you a major competitive advantage.
Ready to scale your revenue-generating startup?
Contact Enego today for expert guidance on your Horizon Fund application and secure the funding your startup deserves.