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Startup India Seed Fund Scheme

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More Info
www.startupindia.gov.in
Organization
Ministry of Commerce & Industry (DPIIT)
Fund type
Grant | Debt | Debentures
Source
Government
Status
Active
Focus area
Biotech, Medtech, Health & rehabilitation | Agriculture, food and nutrition | Cleantech, energy, environment, waste, sanitation | Automation, mobility | Hardware, software, IOT, data, AI, ML | Industrial Products | Material Tech, textiles | Space and Aviation | Edtech, Fintech | Other sectors
Target
Private Limited Company | Limited Liability Partnership
Fund range
< Rs. 10 lakhs | Rs. 10 lakhs- Rs. 25 lakhs | Rs. 25 lakhs- Rs. 50 lakhs
Fund stages
A. Technology Development | B. Patent Protection | C. Technology In-Licensing | D. Technology Scale-up/ Validation / De-risking | E. Market Entry

Grants upto Rs. 20 Lakhs and Debt/ debentures upto Rs.50 lakhs

Purpose

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. This would enable these startups to graduate to a level where they will be able to raise investments from angel investors or venture capitalists, or seek loans from commercial banks or financial institutions.