Startup India Seed Fund Scheme (SISFS) and Incubator Grants: Eligibility and Application Guide for Pune Founders

Funding Your Early-Stage Venture: The Startup India Seed Fund Scheme (SISFS)

Early-stage capital is the lifeline of any high-risk innovative venture. The Startup India Seed Fund Scheme (SISFS) provides financial assistance up to ₹20 Lakhs as a non-dilutive grant for proof of concept, prototype development, and product trials, and up to ₹50 Lakhs via convertible debentures or debt-linked instruments for market entry and commercialization.

To prepare your DPIIT documentation before approaching incubators, review our StartUp India registration guide in Pune or engage our incubation advisors.

Eligibility Rules for SISFS Funding

• Must be a DPIIT recognized startup incorporated not more than 2 years prior to application.
• Must have a business idea developed to proof of concept or prototype stage.
• Must not have received more than ₹10 Lakhs of monetary support under any other Central or State Government scheme.
• Indian promoters must hold at least 51% shareholding in the startup at the time of application.