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Flagship Central Scheme🏛️ DPIIT, Ministry of Commerce and Industry
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Seed Fund (Startup India SISFS)

Startup India Seed Fund Scheme for Proof of Concept & Commercialization

The Startup India Seed Fund Scheme (SISFS) provides financial assistance to early-stage DPIIT-recognized startups for proof of concept, prototype development, product trials, and market entry.

Grant AmountUp to ₹50 Lakhs
Equity Dilution0% for Grants / Low-Interest CCDs
Processing TAT45-90 Days
CategoryStartup India

📋Scheme Overview & Core Objectives

Initiated by DPIIT, SISFS aims to bridge the early-stage capital gap faced by Indian innovators. It is disbursed through approved incubators across India.

Startups can secure up to ₹20 Lakhs as a 100% non-repayable grant for proof of concept, prototype building, and field validation.

Additionally, startups ready for market entry, commercialization, and scaling can access up to ₹50 Lakhs through debt or convertible debentures at concessionary interest rates.

🌟Key Financial & Strategic Benefits

Up to ₹20 Lakhs non-dilutive grant for early prototype and testing
Up to ₹50 Lakhs seed investment via convertible debentures or debt
Direct handholding, lab infrastructure, and mentorship from recognized Indian incubators
Elevates startup valuation and facilitates institutional follow-on rounds

🎯Eligibility Criteria Checklist

☑️DPIIT-recognized startup incorporated not more than 2 years prior to application
☑️Must have a business idea to develop a product or service with a market fit, viable commercialization, and scalability
☑️Startup should not have received more than ₹10 Lakhs of monetary support under any other Central or State Government scheme (excluding prize money)
☑️Indian promoters must hold at least 51% shareholding in the company

🚀Step-by-Step Sanction & Disbursal Process

STEP 01

DPIIT Recognition Verification

Ensuring your startup has active DPIIT registration and fulfills the 2-year incorporation criteria.

STEP 02

Incubator Selection & Proposal Preparation

Selecting 3 matching incubators on the official SISFS portal and framing targeted problem-solution proposals.

STEP 03

Incubator Evaluation & Presentation

Initial shortlisting by the incubator Seed Support Committee and delivering the pitch presentation.

STEP 04

Sanction & Tranche Disbursal

Signing seed fund agreement with incubator and milestone-linked release of capital.

📑Mandatory Documents Checklist

📄DPIIT Recognition Certificate
📄Certificate of Incorporation, MoA & AoA
📄Company Pitch Deck highlighting Problem, Solution & TAM
📄Proof of Concept (PoC) or Prototype details / demo video
📄Cap table showing 51%+ Indian resident shareholding
📄Audited balance sheet or CA net worth certificate
FAQ & Queries

Frequently Asked Questions about Seed Fund (Startup India SISFS)

Startups can secure up to ₹20 Lakhs as a non-repayable grant for Proof of Concept / prototype validation, and up to ₹50 Lakhs as debt/CCDs for market commercialization.
Not necessarily. Many incubators support virtual incubation under the SISFS scheme, though periodic milestone reviews and mentoring sessions are mandatory.
No. The entity must be an incorporated Private Limited Company or LLP with DPIIT startup recognition.
Direct Scheme Advisory

Apply for Seed Fund (Startup India SISFS)

Verify your eligibility and receive complete DPR drafting and grant submission assistance.

🔒 100% Confidential • Direct CA / Grant Advisory Support

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