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Startup India Seed Fund Scheme (SISFS)

Up to INR 20 lakh grant for PoC/prototype/trials plus up to INR 50 lakh debt or convertible/debt-linked investment for market entry and scaling · Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce & Industry, India

Government seed funding for early-stage DPIIT-recognized startups to support proof of concept, prototype development, product trials, market entry and commercialization. Disbursed through approved incubators nationwide. Current lifecycle: closed. Real economics: Up to INR 20 lakh grant for PoC/prototype/trials plus up to INR 50 lakh debt or convertible/debt-linked investment for market entry and scaling.

Tier 3indiaseedgovernmentincubator

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Key facts

FunderDepartment for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce & Industry, India
AmountUp to INR 20 lakh grant for PoC/prototype/trials plus up to INR 50 lakh debt or convertible/debt-linked investment for market entry and scaling
Decision timeIncubator Seed Management Committee shortlists and evaluates, including a presentation; first grant instalment should be released within 60 days of receipt of the selected startup's application.
EligibilityDPIIT-recognized Indian startup incorporated no more than two years before application, with market fit, commercialization scope and technology in the core product/service; individuals cannot apply.
RestrictionsAt least fortnightly touchpoints, monthly dashboard updates, interim progress reports and utilization certificates for milestone disbursement; agreement with incubator is mandatory. Grant only for PoC validation, prototype development or product trials and not facility creation; debt/convertible support is for market entry, commercialization or scaling.
Statusclosed

Always confirm on the official page before applying — dates and terms change.

Application process

  1. Obtain DPIIT startup recognition
  2. Apply online to up to three approved incubators
  3. Incubators shortlist for eligibility
  4. Pitch to the Incubator Seed Management Committee
  5. Negotiate and sign legal agreement
  6. Receive milestone-based company-bank-account disbursements

Background

Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce & Industry, India operates Startup India Seed Fund Scheme (SISFS). This pass separates direct cash, repayable finance, credits, incentives and umbrella programs so later ranking does not compare unlike instruments. Official portfolio publishes approved incubators nationwide; startups can use grant and debt/convertible routes once each.

How the application really works

Obtain DPIIT startup recognition → Apply online to up to three approved incubators → Incubators shortlist for eligibility → Pitch to the Incubator Seed Management Committee → Negotiate and sign legal agreement → Receive milestone-based company-bank-account disbursements

Tips

Watch out for

Track record

No overall acceptance rate is published; incubators set their own evaluation weights.

Frequently asked questions

Is this actionable now?
closed. Final startup application deadline was extended to May 31, 2026; incubators had to complete selection by June 30, 2026.
What is the real economic value?
Up to INR 20 lakh grant for PoC/prototype/trials plus up to INR 50 lakh debt or convertible/debt-linked investment for market entry and scaling
Who is eligible?
DPIIT-recognized Indian startup incorporated no more than two years before application, with market fit, commercialization scope and technology in the core product/service; individuals cannot apply.
How does selection work?
Obtain DPIIT startup recognition; Apply online to up to three approved incubators; Incubators shortlist for eligibility; Pitch to the Incubator Seed Management Committee; Negotiate and sign legal agreement; Receive milestone-based company-bank-account disbursements. Incubator Seed Management Committee shortlists and evaluates, including a presentation; first grant instalment should be released within 60 days of receipt of the selected startup's application.
What burden and restrictions apply?
At least fortnightly touchpoints, monthly dashboard updates, interim progress reports and utilization certificates for milestone disbursement; agreement with incubator is mandatory. Grant only for PoC validation, prototype development or product trials and not facility creation; debt/convertible support is for market entry, commercialization or scaling.
What evidence exists?
Official portfolio publishes approved incubators nationwide; startups can use grant and debt/convertible routes once each. No overall acceptance rate is published; incubators set their own evaluation weights.

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