SISFS · DPIIT
Startup India Seed Fund Scheme
Seed funding to early-stage startups through selected incubators — grant for proof of concept and prototype, and convertible debentures or debt for market entry and commercialisation.
- Grant
- Up to ₹20 L
- Investment
- Up to ₹50 L
- Route
- Via incubators
Key features
What the scheme actually provides
- Grants of up to ₹20 lakh for validation of proof of concept, prototype development or product trials
- Up to ₹50 lakh for market entry, commercialisation or scaling, through convertible debentures, debt or debt-linked instruments
- Applications are made to incubators selected under the scheme, not directly to DPIIT
- Startup must be DPIIT-recognised and incorporated not more than a defined period before applying
Who is eligible
- DPIIT-recognised startup, within the incorporation age limit prescribed under the scheme
- A business idea with a viable commercial application and scope for scaling
- Not having received more than a limited amount of monetary support under other central or state schemes
- Indian promoter shareholding of at least 51% at the time of application
Benefits
- Non-dilutive or low-dilution capital at the stage when it is hardest to raise
- Incubator mentoring alongside the money
- Credibility that helps in later institutional rounds
Where we come in
How FIN.SWITCH handles a Startup India Seed Fund file
- 01
Shortlist incubators whose focus actually matches your sector
- 02
Build the deck and the use-of-funds plan the selection committee expects
- 03
Prepare the financial annexures and milestone plan
Questions
Startup India Seed Fund, answered plainly
No. Applications go to incubators selected under the scheme, and each incubator runs its own selection committee.
Compare
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FIN.SWITCH · FINANCIAL SWITCH
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