Startup SEED Fund

Early-stage capital support for innovative startups

₹50L

Max Grant

45–60 days

Timeline

Overview

Startup India Seed Fund Scheme (SISFS) aims to provide financial assistance to startups for proof of concept, prototype development, product trials, market entry, and commercialization.

Eligibility Criteria

DPIIT recognized startups

Not more than 2 years old at time of application

Not received more than ₹10 lakh monetary support under any government scheme

Should have a business idea with market fit potential

Should be applying through an approved incubator

Key Benefits

Grant up to ₹20 lakh for validation of POC/prototype

Investment up to ₹50 lakh for market launch

Mentorship from experienced entrepreneurs

Access to incubator facilities

Networking opportunities

Required Documents

DPIIT Recognition Certificate

Certificate of Incorporation

Pitch deck and business plan

Prototype or product demo (if any)

Team details and background

Financial projections

Application Process

Step 1

Get DPIIT recognition for your startup

Step 2

Apply through approved incubator

Step 3

Incubator evaluates and shortlists

Step 4

Due diligence and selection

Step 5

Fund disbursement in tranches

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