Startup India Seed Fund Scheme (SISFS)
स्टार्टअप इंडिया सीड फंड योजना (SISFS)
Ministry / Dept: DPIIT, Ministry of Commerce and Industry • Agency: Selected Incubators across India / DPIIT
📋 Scheme Objective & Overview
Financial assistance to DPIIT-recognized early-stage startups for proof of concept, prototype development, product trials, market entry, and commercialization.
💰 Key Financial Benefits & Subsidy Details
- ✓Up to ₹20 Lakhs as grant for validation of Proof of Concept, prototype development, or product trials.
- ✓Up to ₹50 Lakhs of investment for market entry, commercialization, or scaling up through convertible debentures or debt.
- ✓Incubator mentorship, lab infrastructure, and investor networks provided free of charge.
🎯 Who is Eligible? (Eligibility Criteria)
- •Startup recognized by DPIIT, incorporated not more than 2 years ago at the time of application.
- •Must have a business idea to develop a product or service with a market fit, viable commercialization, and scope of scaling.
- •Must use technology in its core product or service, or business model.
- •Must not have received more than ₹10 Lakhs of monetary support under any other Central/State Govt scheme.
Age Requirement: 18 to 60 years.
Education Qualification: Not mandatory (Innovation-focused)
📑 Mandatory Documents Required Checklist
Scanned PDF / Copies🚀 Step-by-Step Application Procedure
❓ Frequently Asked Questions (Startup India Seed Fund Scheme (SISFS))
What is the maximum loan limit under Startup India Seed Fund Scheme (SISFS)?
Eligible applicants can avail up to Up to ₹20 Lakhs Grant (Proof of Concept) + Up to ₹50 Lakhs Debt / Convertible Debentures in financial assistance from authorized partner banks.
How much capital subsidy is provided?
The scheme provides 100% Grant up to ₹20 Lakhs for validation / prototype; Soft debt up to ₹50 Lakhs for market launch credited directly to the loan bank account upon milestone verification.
Is collateral security or mortgage required?
Zero collateral or personal guarantees required.
Ready to apply for Startup India Seed Fund Scheme (SISFS)?
Submit your online application through the official government portal.
Apply on Official Portal →Toll-Free Helpline: 1800-115-565
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