Startup India Seed Fund Scheme
SISFS
About the Scheme
Financial assistance to startups for proof of concept, prototype development, product trials, market entry and commercialization
Benefits
Seed funding up to Rs 50 lakh as grant or convertible debentures, plus debt funding up to Rs 2 crore from SIDBI
Eligibility Criteria
DPIIT-recognized startup, incorporated within last 10 years, annual turnover less than Rs 100 crore
Documents Required
DPIIT recognition certificate, detailed business plan, financial projections, founder identity and address proof, pitch deck
Step-by-Step Application Process
Frequently Asked Questions
Which startups are eligible?
DPIIT-recognized startups incorporated within last 10 years with turnover under Rs 100 crore
What is the maximum funding?
Up to Rs 50 lakh as seed grant and convertible debentures, plus up to Rs 2 crore as debt
Do I need to be part of an incubator?
Yes, applications must be submitted through a DPIIT-approved incubator partner