The Startup India Seed Fund Scheme (SISFS) offers crucial early-stage funding to startups, helping them progress from proof of concept to prototype and market entry. This comprehensive guide covers everything you need to know about accessing this funding opportunity.
Funding Details
Proof of Concept Grant
- Up to ₹20 lakhs
- For validation of prototypes
- Product trials
- Market entry preparation
Seed Support
- Up to ₹50 lakhs
- Market entry
- Commercialization
- Scaling operations
Eligibility Criteria
Startup Requirements
- DPIIT Recognition
- Incorporated < 2 years
- Not received seed funding
- Innovation-driven solution
Focus Sectors
- Healthcare
- Education
- Agriculture
- Financial Technology
Application Process
Incubator Selection
Choose from approved incubators on the Startup India portal.
Application Submission
Submit detailed proposal with business plan and projections.
Evaluation
Presentation to incubator selection committee.
Fund Disbursement
Milestone-based funding release upon approval.
Final Thoughts
The Startup India Seed Fund Scheme represents a significant opportunity for early-stage startups to access crucial funding. With proper preparation and a strong proposal, you can leverage this scheme to accelerate your startup's growth.
🚀 Ready to apply for seed funding? Start your application process today!
📌 Bookmark this guide for reference during your application process.