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.
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Key facts
| Funder | Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce & Industry, India |
| Amount | 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 |
| Decision time | 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. |
| Eligibility | 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. |
| Restrictions | 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. |
| Status | closed |
Always confirm on the official page before applying — dates and terms change.
Application process
- 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
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
- Show direct fit with sector agnostic.
- Show direct fit with social impact.
- Show direct fit with water.
- Show direct fit with agriculture.
- Show direct fit with biotech.
- Show direct fit with healthcare.
- Show direct fit with energy.
- Show direct fit with mobility.
- Show direct fit with defence.
- Show direct fit with space.
Watch out for
- Current lifecycle is closed.
- 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.
Track record
- 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.
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.
Related grants
Sources
- seedfund.startupindia.gov.in — Official final 2026 deadline notice and scheme purpose (checked 2026-08-10)
- seedfund.startupindia.gov.in/faq — Official amount, entity, process, evaluation, reporting, use and resubmission rules (checked 2026-08-10)
- seedfund.startupindia.gov.in/portfolio — Official approved-incubator portfolio (checked 2026-08-10)