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SISFSIN

Startup India Seed Fund Scheme

Organized by Department for Promotion of Industry and Internal Trade (DPIIT)

Designed to provide financial assistance to startups for proof of concept, prototype development, product trials, market entry, and commercialization. It bridges the gap between idea stage and venture capital funding.

Startup & Entrepreneurship

SISFS · Department for Promotion of Industry and Internal Trade (DPIIT)

grant Funding
Launch Year
2021
Reach
1,000+ startups funded annually
Funding
grant
Status
active

Financial Benefits

  • Grant: Up to ₹20 Lakhs for Proof of Concept
  • Loan: Up to ₹50 Lakhs for commercialization (convertible debentures/debt)
  • Incubator support and mentorship
  • No promoter guarantee required
  • Equity dilution limited to 20%

Data last verified: 2024-03-01