🌱 STARTUP FUNDING
The Startup India Seed Fund Scheme (SISFS) – Government initiative supporting early-stage DPIIT-recognized startups with grant and debt assistance.
Startup India Seed Fund Scheme
The Startup India Seed Fund Scheme (SISFS) is a Government of India initiative designed to support early‑stage startups that are recognized by DPIIT (Department for Promotion of Industry and Internal Trade). The scheme helps startups overcome initial funding challenges and turn innovative ideas into viable businesses.
Under SISFS, eligible startups can receive financial assistance of up to ₹20 Lakhs as a grant for activities such as proof of concept, prototype development, product trials, and market validation. Additionally, startups may receive up to ₹50 Lakhs as debt or convertible debentures to support commercialization, scaling operations, and market entry. The funding is disbursed through government‑approved incubators, ensuring structured mentorship and monitoring.
What You Can Get
Grant Assistance
Up to ₹20 Lakhs- For proof of concept, prototype development
- Product testing & market validation
- No equity dilution
Debt / Convertible Debentures
Up to ₹50 Lakhs- For commercialization & scaling operations
- Market entry support
- Structured repayment / conversion
Eligibility Criteria
DPIIT Recognition
- Startup must be DPIIT‑recognized
Incorporation
- Incorporated not more than 2 years ago
Business Model
- Scalable business model with innovation/technology
Previous Funding
- Not received more than ₹10 Lakhs from any other government scheme
Clear Use‑Case
- Must have a clear use‑case for seed funding
Key Benefits
Early‑stage funding
Without immediate equity dilution
Idea validation
Financial support for prototype & market testing
Mentorship
From government‑approved incubators
Increased credibility
Investor confidence and ecosystem support
Top Questions Answered
No, the grant component does not require any equity. The debt component may be in the form of convertible debentures but does not involve immediate equity dilution.
Funding is disbursed through government‑approved incubators selected by the Government of India, ensuring structured mentorship and monitoring.
Yes, as long as the startup is DPIIT‑recognized and meets the eligibility criteria with a scalable business model involving innovation or technology.
Yes, the Startup India Seed Fund Scheme is available across India.
Up to ₹20 Lakhs as grant and up to ₹50 Lakhs as debt/convertible debentures.
Ready to Fuel Your Startup?
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