Startup India Seed Fund Scheme (SISFS) | GrantGunner
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Startup India Seed Fund Scheme (SISFS)

Provides financial assistance to startups for proof of concept, prototype development, product trials, market-entry, and commercialization. Aimed at enabling startups to graduate to a level where they can raise investments from angel investors or venture capitalists or seek loans from commercial banks or financial institutions.

Wer kann sich bewerben

DPIIT-recognized early-stage Indian startups incorporated for ≤2 years, with ≥51% Indian promoter shareholding, that use technology in their core offering and have not received >Rs 10 lakh in prior government monetary support.

Vorteile und Vergünstigungen

  • Access to incubator infrastructure and facilities
  • Mentorship and guidance from incubator support teams
  • Sector-agnostic funding — open to all innovative sectors
  • Milestone-based disbursement for grants
  • Debt/convertible debentures with unsecured financing, no promoter guarantees required
  • Incubator management fee of 5% ensures committed support

Wichtige Kontakte

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