The Bihar state government signed an agreement with which bank to promote the startup ecosystem?

The Bihar Startup Scale-up Financing Fund (BSSFF) is managed by the Small Industries Development Bank of India (SIDBI) in collaboration with the Bihar Startup Fund Trust (BSFT). The agreement was signed by Pankaj Dixit, Director of the Department of Industries for the Government of Bihar, and Arijit Dutt, General Manager of SIDBI. The goal of the agreement is to transform Bihar into a startup hub and create an environment that is conducive to startups. The partnership will administer the fund utilizing a Fund of Funds model. This suggests that the fund will contribute to SEBI-registered Alternative Investment Funds, which will then use the funds to launch new ventures.