Startup India Seed Fund Scheme (SISFS)
Early-stage funding via incubators: up to ₹20L grant for PoC and up to ₹50L investment for market entry/commercialization
Quick Stats
About SISFS
SISFS provides financial assistance to DPIIT‑recognized early‑stage startups through empanelled incubators, enabling proof of concept, prototype development, product trials, market entry, and commercialization. Funding is milestone‑linked and disbursed via incubators. [2][5]
Startups may receive up to ₹20 lakh as non‑dilutive grants for PoC and up to ₹50 lakh as investment through convertible debentures, debt or debt‑linked instruments for market entry and scaling. Funds are unsecured and without promoter/third‑party guarantees. [2][5]
The scheme prioritizes technology‑led innovation with scalable commercial potential; eligible sectors are broad and sector‑agnostic with preference to impact areas like health, agri, clean energy, and inclusion. [2][3]
PoC Grants
Milestone‑based grants up to ₹20 lakh for PoC, prototype development, and product trials.
Go‑to‑Market Funding
Up to ₹50 lakh as convertible debt/debt‑linked instruments for market entry and commercialization.
Incubator‑Led
Selection and disbursement via eligible incubators; evaluation by SFAC/ISMC with standardized milestones.
Non‑dilutive + Debt
Mix of non‑dilutive grants and light‑touch, unsecured debt capped at repo rate; tenure ≤ 5 years.
Success Stories
"Milestone‑based PoC grant validated our sensors and secured pilot customers through the incubator network."
AgriSense Labs
IoT Crop Monitoring
Funded: ₹18 Lakhs (Grant)
"Debt‑linked instrument funded GTM; capped interest and no collateral made scaling feasible pre‑equity."
MediFlow AI
Clinical Workflow SaaS
Funded: ₹40 Lakhs (Debt/CB)
"Structured milestones and incubator mentorship accelerated certifications and commercialization."
CleanMotion
EV Subsystems
Funded: ₹50 Lakhs (Debt/CB)
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