Startup India Seed Fund Scheme (SISFS)
DPIIT, Startup India
📋 Overview
SISFS provides financial assistance to startups for proof of concept, prototype development, product trials, market entry and commercialization. Grants of up to ₹20 lakh are available for validation of Proof of Concept, or prototype development. Investment up to ₹50 lakh is available through convertible debentures or debt or convertible notes. Startups must be DPIIT-recognised and incorporated not more than two years ago at the time of application.
Benefit summary
Up to ₹20 lakh grant (PoC); up to ₹50 lakh convertible investment.
📎 Typical documents
- ✓DPIIT recognition certificate
- ✓Pitch deck
- ✓Incorporation certificate
AIFund provides discovery and workflow assistance. Eligibility scores are indicative and must not be treated as approval, sanction or a government decision. Verify current rules on the responsible authority's official portal.