Software Technology Parks of India (STPI) has failed to meet the target of funding 300 start-ups under a central scheme, its Director General Arvind Kumar said while calling for a review of the performance of the agency which has been set up to promote IT and ITES companies. During the STPI's Sangam event, Kumar said that the organisation has been able to provide seed funds to 136 start-ups in the last three years under the Next Generation Incubation Scheme (NGIS) which calls for analysing the shortcomings in the implementation of the scheme. He said that the event Sangam marks the celebration of a technology startup's success. "But for me, it is more of a report card. The scheme was started five years back, but for two years actually, nothing happened except finding some fund manager. In these two and a half years, we were able to support around 685 startups and to 136, we were able to give seed funds. If I have to write my performance report, I think we are not able to do what we