The Startup India Seed Fund Scheme (SISFS), launched by the Government of India under the Department for Promotion of Industry and Internal Trade (DPIIT), provides financial support to early-stage startups for developing ideas into market-ready products. The main aim is to help startups with proof of concept, prototype development, product trials, market entry, and commercialization.
A total of ₹945 crore has been allocated for four years (2021–2025). Startups can receive up to ₹20 lakh as grants for proof of concept or prototype development and up to ₹50 lakh as investment (through debt or convertible debentures) for market entry and commercialization.
To be eligible, startups must be DPIIT-recognized, not older than two years, and must not have received similar funding from any other government scheme. The startup idea should show potential for market fit, scalability, and commercial viability.
Funds are provided through approved incubators, which select and support startups. The scheme is open to innovative sectors such as agriculture, health, education, renewable energy, fintech, IT, and manufacturing.
Startups can apply online through the Startup India Portal by registering, selecting an incubator, and submitting their proposal.
Gouri Biswas








