Startup India Seed Fund Scheme (SISFS)
Seed funding through selected incubators: grants of up to Rs 20 lakh for validation of Proof of Concept, prototype development or product trials; and up to Rs 50 lakh for market entry, commercialization or scaling up through convertible debentures or debt/debt-linked instruments. Total scheme outlay of Rs 945 crore.
Maximum benefit value
₹50 L
Eligibility
- Startup recognised by DPIIT
- Incorporated not more than 2 years ago at the time of application
- Business idea to develop a product or service with market fit, viable commercialization and scope of scaling
- Should not have received more than Rs 10 lakh of monetary support under other Central/State government schemes (as per scheme guidelines)
How to apply
DPIIT-recognised startups apply online on the Startup India Seed Fund portal (seedfund.startupindia.gov.in) and select up to three eligible incubators. Approved incubators evaluate and disburse the seed fund.
Required documents
- DPIIT recognition certificate
- Certificate of incorporation
- Pitch deck / business plan
- PAN of the entity
Official sources
Verification notes
Verified on official seedfund.startupindia.gov.in portal and PIB. Outlay Rs 945 crore; grant up to Rs 20 lakh (PoC/prototype) and up to Rs 50 lakh (market entry/scaling via convertible debentures/debt). maxValueInINR set to the Rs 50 lakh ceiling. Implemented w.e.f. 1 April 2021. Some eligibility conditions summarized from scheme guidelines. [AI-gathered from official sources on 2026-07-05; needs team review]