Startup India Seed Fund Scheme (SISFS)

About the Scheme

The Startup India Seed Fund Scheme (SISFS) provides financial assistance to startups for proof of concept, prototype development, product trials, market entry, and commercialization. This enables startups to graduate to a level where they can raise investments from angel investors or venture capitalists. The scheme has a corpus of ₹945 crore.

Benefits

• Up to ₹20 lakh for validation/proof of concept
• Up to ₹50 lakh for market entry and commercialization
• No equity dilution
• Incubator-mediated disbursement

Eligibility Criteria

• 1DPIIT-recognized startup
• 2Incorporated not more than 2 years ago at the time of application
• 3Not having received more than ₹10 lakh from central/state government schemes
• 4Must have a viable business plan

Documents Required

Frequently Asked Questions