Info Tree handles this scheme end-to-end — eligibility, paperwork, filing, and follow-up until the money reaches your account.
Talk to a consultant →Overview
The Startup India Seed Fund Scheme was launched in 2021 to help DPIIT-recognised startups with their earliest capital needs — proof of concept, prototype development, product trials, market entry and commercialisation. Funds are disbursed through incubators selected by an Expert Advisory Committee, not directly to startups.
Key features
- Grants up to ₹20 lakh for proof of concept and prototype development
- Up to ₹50 lakh as convertible debentures or debt for market entry and commercialisation
- Disbursed through 300+ selected incubators across India
- Milestone-linked tranches, not a lump sum
- No equity taken at the grant stage
Eligibility
- Startup must be DPIIT-recognised
- Incorporated not more than 2 years before the date of application
- Idea must have a market fit for a viable commercial product or service
- Should not have received more than ₹10 lakh of monetary support under any other central or state scheme
- At least 51% shareholding must be with Indian promoters
Benefits
- Non-dilutive funding at the earliest stage
- Access to incubator infrastructure and mentorship
- Pathway to follow-on funding through the incubator network
- Credibility boost for DPIIT recognition and future fundraising
Required documents
- ✓DPIIT recognition certificate
- ✓Certificate of incorporation
- ✓Pitch deck and business plan
- ✓Audited financials (if any)
- ✓PAN and bank details
- ✓Founder KYC and resumes
Application process
- 1DPIIT recognitionGet your startup recognised by DPIIT first — mandatory prerequisite.
- 2Pick an incubatorChoose from the list of SISFS-selected incubators matching your sector.
- 3Apply through incubatorSubmit application through the seedfund.startupindia.gov.in portal.
- 4Pitch and evaluationIncubator's selection committee evaluates; shortlisted startups pitch.
- 5Sanction and disbursementFunds disbursed in milestone-linked tranches to your bank account.
Common pitfalls
- !Applying without DPIIT recognition
- !Submitting to an incubator that doesn't match your sector
- !Weak pitch deck with no clear milestones
- !Crossing the two-year incorporation window
FAQs
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