What SISFS actually offers
The Startup India Seed Fund Scheme provides early-stage funding to DPIIT-recognised startups through approved incubators. It is designed for the stage where you are too early for most VCs but need capital for proof of concept, prototype, trials or market entry.
How much you can get
- Up to ₹20 lakh as a grant for proof of concept, prototype or product trials (milestone-based)
- Up to ₹50 lakh for market entry, commercialisation or scaling — via convertible debentures or debt-linked instruments
Eligibility checklist
- DPIIT-recognised startup, incorporated not more than 2 years ago at application
- A business idea with a scalable, tech-enabled product or service
- Not received more than ₹10 lakh of monetary support under any other central/state scheme
- Indian promoters holding at least 51% at application
How selection really works
You do not apply to the government directly — you apply to incubators on the Seed Fund portal (up to three choices). Each incubator runs its own evaluation committee. Strong applications show a clear problem, early traction or a working prototype, and a credible use-of-funds plan tied to milestones.
Treat the incubator pitch like a seed round. They are deploying government money but they evaluate like investors — clarity on the problem and milestones wins.
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