Startup India Seed Fund Scheme (SISFS)
This profile has been independently compiled from official gazette notifications and verified web domains. Source Authority Link: seedfund.startupindia.gov.in Authority: Ministry of Commerce and Industry (DPIIT) • State/Region: Central Scheme (All India) • Last Audited: 25 Oct 2026
Quick AI Summary
Provides seed funding up to ₹50 lakh to DPIIT-recognized early-stage startups through approved incubators for proof of concept, prototype development, and market entry.
Detailed Summary
Objective
The 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. The scheme addresses the capital inadequacy in the seed stage and 'Proof of Concept' development stage.
Implementation Framework
The scheme is implemented through a network of DPIIT-approved incubators across India. The Experts Advisory Committee (EAC) constituted by DPIIT selects and monitors incubators. Selected incubators receive grants to disburse seed funds to eligible startups as per the scheme guidelines.
Funding Structure
- Grant Component: Up to ₹20 lakh for validation of Proof of Concept, prototype development, or product trials. Disbursed in milestone-based installments.
- Debt/Convertible Debentures Component: Up to ₹50 lakh for market entry, commercialization, or scaling up through convertible debentures or debt-linked instruments.
Incubator Role
Incubators are responsible for screening, due diligence, recommendation, fund disbursement, and post-investment monitoring of startups. They must maintain a dedicated Seed Fund Management Committee for evaluation.
Key Benefits & Financial Assistance
| Comparison Criteria | Benefits |
|---|---|
| Key Benefits |
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Eligibility Criteria Profile
| Comparison Criteria | Eligibility |
|---|---|
| Minimum Age Limit | 18 Years or above |
| Physical Disability | Not Restricted (Anyone can apply) |
| Domicile State | All India (Central Scheme) |
Application Process Guide
- Register on the Startup India portal (startupindia.gov.in) and obtain DPIIT recognition certificate.
- Log in to the SISFS dedicated portal (seedfund.startupindia.gov.in) and complete the startup profile.
- Browse the list of DPIIT-approved incubators empaneled under SISFS and apply to preferred incubators (maximum 3 preferences).
- Incubator evaluates application based on eligibility, innovation, viability, and team capability; may conduct pitch sessions.
- Incubator's Seed Fund Management Committee recommends eligible startups to DPIIT for final approval.
- Upon approval, execute legal agreements (Grant Agreement / Debenture Subscription Agreement) with the incubator.
- Receive funds in milestone-based installments (grant) or as per drawdown schedule (debt/convertible debentures) directly into startup's bank account.
Common FAQs regarding this Yojana
Eligible permanent residents meeting the specified domicile, income, and category criteria can submit an application along with verified credentials.
Key mandatory documents include Aadhaar Card, Residence/Domicile Certificate, Income Certificate, and active Bank Account Passbook.
Benefits are directly credited to the beneficiary's Aadhaar-seeded bank account through the Public Financial Management System (PFMS) / DBT.
Applicants can track status in real-time by logging into the official portal using their Application Reference Number.