Call for Proposals

Startup India Seed Fund Scheme for Incubators

Startup India Seed Fund Scheme (SISFS) aims to provide financial assistance to startups for proof of concept, prototype development, product trials, market entry and commercialization.
The Startup India initiative of the Government of India envisages building a robust Start-up ecosystem in the country for nurturing innovation and providing opportunities to budding entrepreneurs. DPIIT has created Startup India Seed Fund Scheme (SISFS) with an outlay of INR 945 Crore to provide financial assistance to startups for Proof of Concept, prototype development, product trials, market entry, and commercialization. It will support an estimated 3,600 entrepreneurs through 300 incubators in the next 4 years.The Seed Fund will be disbursed to eligible startups through eligible incubators across India.
 

Eligibility: The inubator must be legal entity, should be operational for at least two years on the date of application to the scheme. They must have facilities to seat at least 25 individuals and must have at least 5 startups undergoing incubation physically on the date of application.

 Last date: Wednesday, June 15, 2022

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