Startup India Seed Fund Scheme: Empowering Early-Stage Startups

StartUp
Startup India Seed Fund Scheme Overview
Fueling Your Startup Growth
Launching a startup often comes with challenges, especially when seeking initial funding. The Startup India Seed Fund Scheme (SISFS) bridges this gap by providing grants for concept validation, prototype creation, and product launches. By addressing these early-stage needs, the program enables startups to approach investors and financial institutions confidently.
Startup India
Startup India Seed Fund Scheme
Eligibility Criteria
To qualify for SISFS funding, startups must meet the following requirements
- Must be registered as a Private Limited Company or LLP.
- Should have been established less than 2 years ago.
- Must be registered under the Government-Startup India Scheme.
- Should offer a product or service with strong potential for commercialization, market scalability, and employment generation.
- Must not have received more than ₹10 lakh in funding from any other Central or State Government initiative.
Frequently Asked Questions (FAQs)
The SISFS is a government-backed program aimed at providing financial aid to early-stage startups to support their idea development, prototype creation, and market entry.
Startups less than 2 years old, incorporated in India, and demonstrating innovative potential can apply.
Applications can be submitted online via the Startup India portal along with the required documentation.
Applications can be submitted online via the Startup India portal along with the required documentation.
The funding can be utilized for:
- Prototype development.
• Product testing.
• Market entry efforts.
• Commercialization of ideas.