Applications for Startup India Seed Fund Scheme are open throughout the year and can be filled independently by the startups, free of cost. Startup India does not have or promote any authorised consultants or vendors to help startups apply for the scheme.

Applications for Startup India Seed Fund Scheme are open throughout the year and can be filled independently by the startups, free of cost. Startup India does not have or promote any authorised consultants or vendors to help startups apply for the scheme.

An initiative to spur entrepreneurship across India

The need for Startup India Seed Fund Scheme

Easy availability of capital is essential for entrepreneurs at the early stages of growth of an enterprise.

Funding from angel investors and venture capital firms becomes available to startups only after the proof of concept has been provided. Similarly, banks provide loans only to asset-backed applicants.

It is essential to provide seed funding to startups with an innovative idea to conduct proof of concept trials.

Seed Fund Need
Objectives of the scheme

Objective of the scheme

Startup India Seed Fund Scheme (SISFS) aims to provide financial assistance to startups for proof of concept, prototype development, product trials, market entry and commercialization.

This would enable these startups to graduate to a level where they will be able to raise investments from angel investors or venture capitalists or seek loans from commercial banks or financial institutions.

Objectives of the scheme
Know more about the scheme

How Startup India Seed Fund Will Operate

The Seed Fund will be disbursed to eligible startups through eligible incubators across India

DPIIT

Department for Promotion of Industry and Internal Trade

Nodal Department

EAC

Experts Advisory Committee

Government Representatives & Industry Experts

Incubators

Govt assisted/Not-Govt assisted Incubators

Operational for atleast 2-3 years

Startups

DPIIT-recognised Startups

Incorporated less than 2 years ago

Features of Startup India Seed Fund Scheme

Features of SISFS
  1. Year-round ‘Call for Applications’ for Incubators and Startups
  2. Sector-agnostic
  3. No mandatory physical incubation
  4. PAN-India startup programme
  5. Startups can apply to 3 incubators simultaneously

Eligibility Criteria

Card Startup
For Startups
  1. A startup, recognized by DPIIT, incorporated not more than 2 years ago at the time of application.
  2. The startup must have a business idea to develop a product or a service with a market fit, viable commercialization, and scope of scaling.
  3. The startup must have a business idea
More Details
Card incubators
For Incubators
  1. Incubator should be operational for at least two years on the date of application to the scheme.
  2. Incubator must have facilities to seat at least 25 individuals.
  3. Incubator must have at least 5 startups undergoing incubation physically on the date of application
More Details

Startup India Seed Fund Scheme Launch

The Startup India Seed Fund Scheme was launched by
Honourable Shri Piyush Goyal on 19th April 2021

Scale up your startup with
Startup India Seed Fund Scheme

Your journey of seed fund starts here.
Complete the application to initiate the journey

Apply Now