DPIIT Recognition
The startup must be recognised by DPIIT.
STARTUP INDIA SEED FUND SCHEME (SISFS)
Turning Innovation into Market-Ready Solutions
The Startup India Seed Fund Scheme (SISFS) is a Government of India initiative designed to support early-stage startups in transforming innovative ideas into validated products, prototypes and commercially viable solutions.
Funding Support
Financial support to turn your innovation into impact.
Up to₹20 Lakhs
- Proof of Concept
- Prototype Development
- Product Trials
Grant support is provided based on defined milestones and the startup's stage of development.
Up to₹50 Lakhs
- Market Entry
- Commercialisation
- Scaling
Support may be provided through Convertible Debentures, Debt or Debt-linked instruments, as permitted under the scheme.
Who Can Apply?
Early-Stage Startup
The startup should have been incorporated not more than 2 years ago at the time of application.
Technology-led Innovation
Technology should be at the core of the product, service, business model, distribution model or methodology being used to solve the identified problem.
Market Potential
The proposed solution should demonstrate potential for market fit, viable commercialisation and scalability.
Government Funding Limit
The startup should not have received more than ₹10 lakh of monetary support under any other Central or State Government scheme, subject to applicable exclusions.
Indian Promoter Shareholding
Indian promoters should hold at least 51% shareholding in the startup at the time of application.
One-time Scheme Support
A startup cannot receive seed support more than once under the respective funding provisions of the scheme.
SISFS Process Workflow
From application to funding, the SISFS process provides a structured journey for innovative startups.
KEY CONSIDERATIONS
What Makes a Strong SISFS Application?
A strong application clearly demonstrates your idea, team, market potential and execution capability. Here are the key elements that matter.
Innovation
A differentiated solution addressing a meaningful problem.
Technology
Strong technological foundation with clear development potential.
Market
A defined customer, market opportunity and path to adoption.
Execution
A capable founding team with the ability to build and scale.
Milestones
A clear plan showing what the funding will achieve and by when.
Fund Utilisation<
A well-defined and justified deployment plan linked to measurable outcomes.
SISFS INCUBATOR
Why Choose Us as Your SISFS Incubator?
01
Technology & Deep-Tech Ecosystem
Access to the innovation ecosystem associated with IIT Delhi, supporting technology-driven startups.
02
Expert-led & Evaluation
Applications are evaluated through a structured, expert-driven process aligned with SISFS requirements.
03
Mentorship & Guidance
Support for technology validation, business development, market readiness and startup execution.
04
Industry & Ecosystem Connect
Opportunities to connect with industry, academia, mentors and relevant ecosystem stakeholders.
05
Prototype & Validation Support
Support to help startups progress from technology development towards validation and market readiness.
06
Investor & Funding Readiness
Guidance to help startups prepare for the next stage of fundraising and growth.
STAY INFORMED
Official Resources:
Important Note
SISFS support is subject to the latest Government of India guidelines, eligibility criteria, evaluation, due diligence and availability of funds. Selection and funding are not guaranteed by AIC IIT Delhi.
For the latest application window and official scheme information, applicants should refer to the Startup India / SISFS portal.