Startup India Seed Fund (SISFS)

Application

The Startup India initiative of the Government of India  envisages building a robust Start-up ecosystem in the country  for nurturing innovation and providing opportunities to  budding entrepreneurs.

DPIIT has created Startup India Seed Fund Scheme (SISFS)  with an outlay to provide financial assistance to startups for  Proof of Concept, Prototype Development, Product Trials,  Market Entry, and Commercialization.

Preferred Sectors

Agritech

Education

Healthcare

Logistics

Tech for social
good

Others

Who Can Apply

  • 1. A startup, recognized by DPIIT
  • 2. Incorporated not more than 2 years ago at the time of application.
  • 3. The startup must have a business idea to develop a product
  • 4. service with a market fit, viable commercialization, and scope of scaling
  • 5. Startup should not have received more than Rs 10 lakh of monetary support under any other Central or State Government scheme.
  • 6. Individual Entrepreneurs are not eligible to apply for support under the scheme