STARTUP FUNDING

• The Startup India Seed Fund Scheme (SISFS) is a Government of India initiative designed to support early-stage startups that are recognized by DPIIT (Department for Promotion of Industry and Internal Trade). The scheme helps startups overcome initial funding challenges and turn innovative ideas into viable businesses.
  
  Under SISFS, eligible startups can receive financial assistance of up to ₹20 Lakhs as a grant for activities such as proof of concept, prototype development, product trials, and market validation. Additionally, startups may receive up to ₹50 Lakhs as debt or convertible debentures to support commercialization, scaling operations, and market entry.
  
  The funding is disbursed through approved incubators selected by the Government of India, ensuring structured mentorship, monitoring, and business guidance. This scheme plays a vital role in strengthening India’s startup ecosystem by encouraging innovation, entrepreneurship, and sustainable business growth.

    Funding Details:

               Up to ₹20 Lakhs as Grant For proof of concept, prototype development, product testing, and market validation.
            Up to ₹50 Lakhs as Debt / Convertible Debentures
            For commercialization, scaling operations, and market entry.

    Eligibility Criteria:

                Startup must be DPIIT-recognized Incorporated not more than 2 years ago
              Must have a scalable business model with innovation or technology
              Should not have received more than ₹10 Lakhs from any other government scheme
              Must have a clear use-case for seed funding

  Key Benefits:

•  Early-stage funding without immediate equity dilution
• Financial support for idea validation and product development
• Mentorship from government-approved incubators
• Increased credibility and investor confidence
• Encourages innovation and entrepreneurship