Startup India Seed Fund Scheme (SISFS)

Grant Received Under Agency : Ministry of Commerce & Industry, Government of India

Grant Upto INR Support : Up to INR 50 Lakhs

Eligibility Criteria :

• Indian startups incorporated not more than 2 years ago.
• The startup must be working on innovative products, services, or business models.
• Startups must be recognized by the Department for Promotion of Industry and Internal Trade (DPIIT).
• The entity must have a scalable business model and be in a nascent stage.
• Startups should have a technology-driven product or service.

Other Details :

• Fund disbursal in phases based on milestones achieved.
• Focus on encouraging innovative startups across sectors.
• Startups can use the funds for product development, market entry, or operational costs.

Focus : Innovation, Technology, Product Development, Early-Stage Startups.