Department for Promotion of Industry and Internal Trade (DPIIT)
Startup India Seed Fund Scheme (SISFS)
💰 ₹50 Lakhs
🏷️ Government
🚀 Stage: MVP
📍 India
About the Program
The Startup India Seed Fund Scheme (SISFS) aims to provide financial assistance to early-stage startups. Funding up to ₹20 Lakhs as a grant for validation of Proof of Concept, and up to ₹50 Lakhs of investment for prototype development or product commercialization through convertible debentures or debt.
Eligibility Criteria
1. Recognized by DPIIT
2. Incorporated not more than 2 years prior to application date
3. Must have a business idea to develop a product or service with market fit.
Required Documents
1. DPIIT Certificate
2. Pitch Deck (PDF)
3. Certificate of Incorporation
4. Founders' ID proof
Disclaimer: Foundida is an independent startup support platform. We do not provide funding and do not guarantee approval. Funding decisions are made solely by the respective funding organization. Our paid service only covers application preparation, document review, and submission assistance.
Opportunity Snapshot
Funding Amount
₹50 Lakhs
Type
Government
Startup Stage
MVP
Country
India
Deadline
31 Dec 2026