Startup India Seed Fund Scheme (SISFS)<\/title>\n <meta name=\"viewport\" content=\"width=device-width, initial-scale=1.0\" \/>\n\n \n <link href=\"https:\/\/fonts.googleapis.com\/css2?family=Poppins:wght@300;400;500;600&display=swap\" rel=\"stylesheet\">\n\n <style>\n :root {\n --accent: #0050a8;\n --accent-soft: #e5f0ff;\n --primary: #111827;\n --muted: #6b7280;\n --border: #e5e7eb;\n --bg-soft: #f9fafb;\n --bg-page: #ffffff;\n }\n\n * {\n margin: 0;\n padding: 0;\n box-sizing: border-box;\n }\n\n body {\n font-family: \"Poppins\", system-ui, -apple-system, BlinkMacSystemFont, \"Segoe UI\", sans-serif;\n background: var(--bg-page);\n color: var(--primary);\n line-height: 1.7;\n }\n\n a {\n color: var(--accent);\n }\n\n \/* Page wrapper *\/\n .sisfs-page {\n padding: 80px 20px 100px;\n }\n\n .sisfs-inner {\n max-width: 1100px;\n margin: 0 auto;\n }\n\n \/* Hero *\/\n .sisfs-hero {\n display: grid;\n grid-template-columns: minmax(0, 1.4fr) minmax(0, 1fr);\n gap: 30px;\n align-items: center;\n margin-bottom: 40px;\n }\n\n @media (max-width: 900px) {\n .sisfs-hero {\n grid-template-columns: 1fr;\n }\n }\n\n .sisfs-tag {\n font-size: 0.85rem;\n letter-spacing: 0.16em;\n text-transform: uppercase;\n color: var(--muted);\n margin-bottom: 6px;\n font-weight: 500;\n }\n\n .sisfs-title {\n font-size: 2.3rem;\n font-weight: 600;\n margin-bottom: 10px;\n }\n\n .sisfs-sub {\n font-size: 0.96rem;\n color: var(--muted);\n }\n\n .sisfs-hero-stats {\n border-radius: 22px;\n border: 1px solid var(--border);\n background: linear-gradient(145deg, #ffffff, var(--bg-soft));\n box-shadow: 0 16px 40px rgba(15, 23, 42, 0.08);\n padding: 20px 22px;\n display: grid;\n gap: 12px;\n }\n\n .sisfs-stat-label {\n font-size: 0.8rem;\n text-transform: uppercase;\n letter-spacing: 0.11em;\n color: var(--muted);\n }\n\n .sisfs-stat-main {\n font-size: 1.2rem;\n font-weight: 600;\n }\n\n .sisfs-stat-note {\n font-size: 0.88rem;\n color: var(--muted);\n }\n\n \/* Section cards *\/\n .sisfs-section-grid {\n display: grid;\n grid-template-columns: minmax(0, 1.2fr) minmax(0, 1fr);\n gap: 24px;\n margin-bottom: 24px;\n }\n\n @media (max-width: 900px) {\n .sisfs-section-grid {\n grid-template-columns: 1fr;\n }\n }\n\n .sisfs-card {\n border-radius: 20px;\n border: 1px solid var(--border);\n background: #ffffff;\n box-shadow: 0 16px 40px rgba(15, 23, 42, 0.05);\n padding: 20px 22px 22px;\n }\n\n .sisfs-card h2 {\n font-size: 1.2rem;\n margin-bottom: 8px;\n }\n\n .sisfs-card h3 {\n font-size: 1.02rem;\n margin: 10px 0 4px;\n }\n\n .sisfs-card p {\n font-size: 0.95rem;\n color: var(--muted);\n margin-bottom: 8px;\n }\n\n .sisfs-card ul {\n list-style: none;\n padding-left: 0;\n margin: 6px 0 0;\n }\n\n .sisfs-card ul li {\n font-size: 0.93rem;\n color: var(--muted);\n padding-left: 18px;\n position: relative;\n margin-bottom: 5px;\n }\n\n .sisfs-card ul li::before {\n content: \"\u2022\";\n position: absolute;\n left: 4px;\n top: 0;\n color: var(--accent);\n }\n\n .sisfs-card-em {\n background: linear-gradient(145deg, #ffffff, var(--bg-soft));\n }\n\n \/* Heading for small blocks *\/\n .sisfs-block-heading {\n font-size: 1.05rem;\n font-weight: 600;\n margin-bottom: 4px;\n }\n\n \/* CTA *\/\n .sisfs-cta-row {\n margin-top: 26px;\n display: flex;\n flex-wrap: wrap;\n gap: 12px;\n align-items: center;\n justify-content: center;\n }\n\n .sisfs-btn {\n display: inline-flex;\n align-items: center;\n justify-content: center;\n padding: 10px 26px;\n border-radius: 999px;\n border: none;\n background: var(--accent);\n color: #ffffff;\n text-decoration: none;\n font-size: 0.95rem;\n font-weight: 500;\n cursor: pointer;\n box-shadow: 0 16px 32px rgba(0, 80, 168, 0.35);\n transition: background 0.2s ease, transform 0.16s ease, box-shadow 0.2s ease;\n }\n\n .sisfs-btn:hover {\n background: #003c80;\n transform: translateY(-1px);\n box-shadow: 0 20px 40px rgba(0, 60, 128, 0.45);\n }\n\n .sisfs-cta-note {\n font-size: 0.88rem;\n color: var(--muted);\n }\n\n \/* Simple two-column lists inside card *\/\n .sisfs-two-col-list {\n display: grid;\n grid-template-columns: repeat(2, minmax(0, 1fr));\n gap: 6px 20px;\n margin-top: 6px;\n }\n\n @media (max-width: 600px) {\n .sisfs-two-col-list {\n grid-template-columns: 1fr;\n }\n }\n\n <\/style>\n<\/head>\n<body>\n\n<section class=\"sisfs-page\">\n <div class=\"sisfs-inner\">\n\n \n <div class=\"sisfs-hero\">\n <div>\n <div class=\"sisfs-tag\">Funding programme<\/div>\n <h1 class=\"sisfs-title\">Startup India Seed Fund Scheme (SISFS)<\/h1>\n <p class=\"sisfs-sub\">\n Financial assistance for early-stage startups to validate ideas, build prototypes,\n run product trials and enter the market \u2014 helping them reach a stage where they\n can raise investments or secure commercial loans.\n <\/p>\n <\/div>\n <aside class=\"sisfs-hero-stats\">\n <div>\n <div class=\"sisfs-stat-label\">Scheme coverage<\/div>\n <div class=\"sisfs-stat-main\">3,600+ entrepreneurs<\/div>\n <div class=\"sisfs-stat-note\">Across ~300 incubators in the next 4 years.<\/div>\n <\/div>\n <\/aside>\n <\/div>\n\n \n <div class=\"sisfs-section-grid\">\n <article class=\"sisfs-card sisfs-card-em\">\n <h2>Objective<\/h2>\n <p>\n SISFS aims to provide financial assistance to startups for proof of concept,\n prototype development, product trials, market entry and commercialization.\n The scheme helps startups graduate to a level where they can raise investments\n from angel investors or venture capitalists, or seek loans from commercial\n banks or financial institutions.\n <\/p>\n <p>\n Over the next 4 years, the scheme is expected to support an estimated\n <strong>3,600 startups<\/strong> through <strong>300 incubators<\/strong>.\n <\/p>\n <\/article>\n\n <article class=\"sisfs-card\">\n <h2>Seed Fund Support<\/h2>\n <p class=\"sisfs-block-heading\">Grants<\/p>\n <p>\n <strong>Up to \u20b920 Lakhs<\/strong> as a grant for:\n <\/p>\n <ul>\n <li>Validation of proof of concept<\/li>\n <li>Prototype development<\/li>\n <li>Product trials<\/li>\n <\/ul>\n <p>\n The grant is disbursed in milestone-based instalments \u2014 for example,\n prototype completion, product testing and readiness for market launch.\n <\/p>\n\n <p class=\"sisfs-block-heading\" style=\"margin-top:10px;\">Debt \/ Convertible Debentures<\/p>\n <p>\n <strong>Up to \u20b950 Lakhs<\/strong> as investment for:\n <\/p>\n <ul>\n <li>Market entry<\/li>\n <li>Commercialization<\/li>\n <li>Scaling up<\/li>\n <\/ul>\n <p>\n A startup can avail seed support in the form of both grant and\n debt\/convertible debentures \u2014 each once, as per scheme guidelines.\n <\/p>\n <\/article>\n <\/div>\n\n \n <div class=\"sisfs-section-grid\">\n <article class=\"sisfs-card\">\n <h2>Eligibility<\/h2>\n <ul>\n <li>A startup recognized by DPIIT, incorporated not more than 2 years ago at the time of application.<\/li>\n <li>Business idea to develop a product or service with market fit, viable commercialization and scope for scaling.<\/li>\n <li>Uses technology in its core product\/service, business model, distribution model or methodology.<\/li>\n <li>\n Preference to startups with innovative solutions in sectors such as social impact, waste & water\n management, financial inclusion, education, agriculture, food processing, biotechnology, healthcare,\n energy, mobility, defence, space, railways, oil & gas, textiles, etc.\n <\/li>\n <li>\n Has not received more than \u20b910 Lakhs of monetary support under any other Central\/State Government scheme\n (excluding prize money, subsidised workspace, founder stipend, access to labs or prototyping facilities).\n <\/li>\n <li>\n At least 51% shareholding by Indian promoters at the time of application to the incubator, as per\n Companies Act, 2013 and SEBI (ICDR) Regulations, 2018.\n <\/li>\n <li>\n Can avail seed support in the form of grant and debt\/convertible debentures each once, as per scheme guidelines.\n <\/li>\n <\/ul>\n <\/article>\n\n <article class=\"sisfs-card\">\n <h2>Application of Fund Support<\/h2>\n <p>\n Seed fund shall <strong>not<\/strong> be used by startups for creation of physical facilities.\n It must be utilized strictly for the purposes for which it is granted.\n <\/p>\n <p class=\"sisfs-block-heading\">Grant usage<\/p>\n <ul>\n <li>Validation of proof of concept<\/li>\n <li>Prototype development<\/li>\n <li>Product trials<\/li>\n <\/ul>\n\n <p class=\"sisfs-block-heading\" style=\"margin-top:10px;\">Debt \/ Convertible debenture usage<\/p>\n <ul>\n <li>Market entry<\/li>\n <li>Commercialization<\/li>\n <li>Scaling up<\/li>\n <\/ul>\n <\/article>\n <\/div>\n\n \n <article class=\"sisfs-card\" style=\"margin-bottom:24px;\">\n <h2>Application Process<\/h2>\n <p>\n An online call for applications is hosted on an ongoing basis on the Startup India portal\n (portal opening soon). DPIIT-recognized startups can log in using their Startup India\n credentials to apply. The process is completely online \u2014 no physical submission of\n documents is required.\n <\/p>\n <p>\n Startups can apply to up to <strong>3 different incubators<\/strong> of their choice.\n Funding will be provided by the incubator that ultimately selects the startup with\n the highest preference:\n <\/p>\n <ul>\n <li>If Preference 1 and Preference 2 incubators both select the startup, funding comes from Preference 1.<\/li>\n <li>If Preference 1 rejects but Preference 2 selects, funding comes from Preference 2, and so on.<\/li>\n <\/ul>\n <\/article>\n\n \n <div class=\"sisfs-section-grid\">\n <article class=\"sisfs-card\">\n <h2>Evaluation & Selection<\/h2>\n <p>\n Eligible applications are evaluated by the Selection Committee on the basis of:\n <\/p>\n <div class=\"sisfs-two-col-list\">\n <div>\n <ul>\n <li>Need for the idea<\/li>\n <li>Feasibility<\/li>\n <li>Potential impact<\/li>\n <li>Novelty<\/li>\n <\/ul>\n <\/div>\n <div>\n <ul>\n <li>Team<\/li>\n <li>Fund utilization plan<\/li>\n <li>Additional parameters<\/li>\n <li>Presentation<\/li>\n <\/ul>\n <\/div>\n <\/div>\n\n <p style=\"margin-top:10px;\">\n The committee evaluates submissions and presentations and selects startups for\n Seed Fund within <strong>45 days<\/strong> of receiving the application. Selected startups\n receive funding under the incubator that selects them as beneficiaries as per their preference.\n <\/p>\n <p>\n The incubator signs a legal agreement with each selected startup before the first disbursement.\n Startups must submit a final report and audited utilization certificate at the end of the project.\n <\/p>\n <\/article>\n\n <article class=\"sisfs-card\">\n <h2>Progress Reporting<\/h2>\n <p>\n Selected startups must share progress against key parameters in all reports submitted\n to the incubator, including:\n <\/p>\n <ul>\n <li>Progress of proof of concept<\/li>\n <li>Progress of prototype development<\/li>\n <li>Progress of product development<\/li>\n <li>Progress of field trials and market launch<\/li>\n <li>Quantum of loan, angel or VC funding raised<\/li>\n <li>Jobs created by the startup<\/li>\n <li>Turnover of the startup<\/li>\n <li>Any other appropriate parameter<\/li>\n <\/ul>\n <\/article>\n <\/div>\n\n \n <article class=\"sisfs-card sisfs-card-em\">\n <h2>Re-application<\/h2>\n <p>\n An applicant can apply to SISFS again after <strong>3 months<\/strong> of receiving a rejection.\n This buffer period ensures that the startup has addressed the feedback received from incubators\n and is better prepared for consideration in the next round.\n <\/p>\n <\/article>\n\n \n <div class=\"sisfs-cta-row\">\n <a href=\"https:\/\/seedfund.startupindia.gov.in\/\" class=\"sisfs-btn\">Apply Now<\/a>\n <span class=\"sisfs-cta-note\">\n DPIIT-recognized startups can apply through the Startup India portal once the scheme is live.\n <\/span>\n <\/div>\n\n <\/div>\n<\/section>\n\n<\/body>\n<\/html>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Startup India Seed Fund Scheme (SISFS) Funding programme Startup India Seed Fund Scheme (SISFS) Financial assistance for early-stage startups to validate ideas, build prototypes, run product trials and enter the…<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"elementor_header_footer","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"class_list":["post-4918","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/dtuiif.co.in\/index.php?rest_route=\/wp\/v2\/pages\/4918","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dtuiif.co.in\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/dtuiif.co.in\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/dtuiif.co.in\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dtuiif.co.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4918"}],"version-history":[{"count":7,"href":"https:\/\/dtuiif.co.in\/index.php?rest_route=\/wp\/v2\/pages\/4918\/revisions"}],"predecessor-version":[{"id":7689,"href":"https:\/\/dtuiif.co.in\/index.php?rest_route=\/wp\/v2\/pages\/4918\/revisions\/7689"}],"wp:attachment":[{"href":"https:\/\/dtuiif.co.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4918"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}

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\n\t\t\t\t\t\n\n\n \n Startup India Seed Fund Scheme (SISFS)<\/title>\n <meta name=\"viewport\" content=\"width=device-width, initial-scale=1.0\" \/>\n\n \n <link href=\"https:\/\/fonts.googleapis.com\/css2?family=Poppins:wght@300;400;500;600&display=swap\" rel=\"stylesheet\">\n\n <style>\n :root {\n --accent: #0050a8;\n --accent-soft: #e5f0ff;\n --primary: #111827;\n --muted: #6b7280;\n --border: #e5e7eb;\n --bg-soft: #f9fafb;\n --bg-page: #ffffff;\n }\n\n * {\n margin: 0;\n padding: 0;\n box-sizing: border-box;\n }\n\n body {\n font-family: \"Poppins\", system-ui, -apple-system, BlinkMacSystemFont, \"Segoe UI\", sans-serif;\n background: var(--bg-page);\n color: var(--primary);\n line-height: 1.7;\n }\n\n a {\n color: var(--accent);\n }\n\n \/* Page wrapper *\/\n .sisfs-page {\n padding: 80px 20px 100px;\n }\n\n .sisfs-inner {\n max-width: 1100px;\n margin: 0 auto;\n }\n\n \/* Hero *\/\n .sisfs-hero {\n display: grid;\n grid-template-columns: minmax(0, 1.4fr) minmax(0, 1fr);\n gap: 30px;\n align-items: center;\n margin-bottom: 40px;\n }\n\n @media (max-width: 900px) {\n .sisfs-hero {\n grid-template-columns: 1fr;\n }\n }\n\n .sisfs-tag {\n font-size: 0.85rem;\n letter-spacing: 0.16em;\n text-transform: uppercase;\n color: var(--muted);\n margin-bottom: 6px;\n font-weight: 500;\n }\n\n .sisfs-title {\n font-size: 2.3rem;\n font-weight: 600;\n margin-bottom: 10px;\n }\n\n .sisfs-sub {\n font-size: 0.96rem;\n color: var(--muted);\n }\n\n .sisfs-hero-stats {\n border-radius: 22px;\n border: 1px solid var(--border);\n background: linear-gradient(145deg, #ffffff, var(--bg-soft));\n box-shadow: 0 16px 40px rgba(15, 23, 42, 0.08);\n padding: 20px 22px;\n display: grid;\n gap: 12px;\n }\n\n .sisfs-stat-label {\n font-size: 0.8rem;\n text-transform: uppercase;\n letter-spacing: 0.11em;\n color: var(--muted);\n }\n\n .sisfs-stat-main {\n font-size: 1.2rem;\n font-weight: 600;\n }\n\n .sisfs-stat-note {\n font-size: 0.88rem;\n color: var(--muted);\n }\n\n \/* Section cards *\/\n .sisfs-section-grid {\n display: grid;\n grid-template-columns: minmax(0, 1.2fr) minmax(0, 1fr);\n gap: 24px;\n margin-bottom: 24px;\n }\n\n @media (max-width: 900px) {\n .sisfs-section-grid {\n grid-template-columns: 1fr;\n }\n }\n\n .sisfs-card {\n border-radius: 20px;\n border: 1px solid var(--border);\n background: #ffffff;\n box-shadow: 0 16px 40px rgba(15, 23, 42, 0.05);\n padding: 20px 22px 22px;\n }\n\n .sisfs-card h2 {\n font-size: 1.2rem;\n margin-bottom: 8px;\n }\n\n .sisfs-card h3 {\n font-size: 1.02rem;\n margin: 10px 0 4px;\n }\n\n .sisfs-card p {\n font-size: 0.95rem;\n color: var(--muted);\n margin-bottom: 8px;\n }\n\n .sisfs-card ul {\n list-style: none;\n padding-left: 0;\n margin: 6px 0 0;\n }\n\n .sisfs-card ul li {\n font-size: 0.93rem;\n color: var(--muted);\n padding-left: 18px;\n position: relative;\n margin-bottom: 5px;\n }\n\n .sisfs-card ul li::before {\n content: \"\u2022\";\n position: absolute;\n left: 4px;\n top: 0;\n color: var(--accent);\n }\n\n .sisfs-card-em {\n background: linear-gradient(145deg, #ffffff, var(--bg-soft));\n }\n\n \/* Heading for small blocks *\/\n .sisfs-block-heading {\n font-size: 1.05rem;\n font-weight: 600;\n margin-bottom: 4px;\n }\n\n \/* CTA *\/\n .sisfs-cta-row {\n margin-top: 26px;\n display: flex;\n flex-wrap: wrap;\n gap: 12px;\n align-items: center;\n justify-content: center;\n }\n\n .sisfs-btn {\n display: inline-flex;\n align-items: center;\n justify-content: center;\n padding: 10px 26px;\n border-radius: 999px;\n border: none;\n background: var(--accent);\n color: #ffffff;\n text-decoration: none;\n font-size: 0.95rem;\n font-weight: 500;\n cursor: pointer;\n box-shadow: 0 16px 32px rgba(0, 80, 168, 0.35);\n transition: background 0.2s ease, transform 0.16s ease, box-shadow 0.2s ease;\n }\n\n .sisfs-btn:hover {\n background: #003c80;\n transform: translateY(-1px);\n box-shadow: 0 20px 40px rgba(0, 60, 128, 0.45);\n }\n\n .sisfs-cta-note {\n font-size: 0.88rem;\n color: var(--muted);\n }\n\n \/* Simple two-column lists inside card *\/\n .sisfs-two-col-list {\n display: grid;\n grid-template-columns: repeat(2, minmax(0, 1fr));\n gap: 6px 20px;\n margin-top: 6px;\n }\n\n @media (max-width: 600px) {\n .sisfs-two-col-list {\n grid-template-columns: 1fr;\n }\n }\n\n <\/style>\n<\/head>\n<body>\n\n<section class=\"sisfs-page\">\n <div class=\"sisfs-inner\">\n\n \n <div class=\"sisfs-hero\">\n <div>\n <div class=\"sisfs-tag\">Funding programme<\/div>\n <h1 class=\"sisfs-title\">Startup India Seed Fund Scheme (SISFS)<\/h1>\n <p class=\"sisfs-sub\">\n Financial assistance for early-stage startups to validate ideas, build prototypes,\n run product trials and enter the market \u2014 helping them reach a stage where they\n can raise investments or secure commercial loans.\n <\/p>\n <\/div>\n <aside class=\"sisfs-hero-stats\">\n <div>\n <div class=\"sisfs-stat-label\">Scheme coverage<\/div>\n <div class=\"sisfs-stat-main\">3,600+ entrepreneurs<\/div>\n <div class=\"sisfs-stat-note\">Across ~300 incubators in the next 4 years.<\/div>\n <\/div>\n <\/aside>\n <\/div>\n\n \n <div class=\"sisfs-section-grid\">\n <article class=\"sisfs-card sisfs-card-em\">\n <h2>Objective<\/h2>\n <p>\n SISFS aims to provide financial assistance to startups for proof of concept,\n prototype development, product trials, market entry and commercialization.\n The scheme helps startups graduate to a level where they can raise investments\n from angel investors or venture capitalists, or seek loans from commercial\n banks or financial institutions.\n <\/p>\n <p>\n Over the next 4 years, the scheme is expected to support an estimated\n <strong>3,600 startups<\/strong> through <strong>300 incubators<\/strong>.\n <\/p>\n <\/article>\n\n <article class=\"sisfs-card\">\n <h2>Seed Fund Support<\/h2>\n <p class=\"sisfs-block-heading\">Grants<\/p>\n <p>\n <strong>Up to \u20b920 Lakhs<\/strong> as a grant for:\n <\/p>\n <ul>\n <li>Validation of proof of concept<\/li>\n <li>Prototype development<\/li>\n <li>Product trials<\/li>\n <\/ul>\n <p>\n The grant is disbursed in milestone-based instalments \u2014 for example,\n prototype completion, product testing and readiness for market launch.\n <\/p>\n\n <p class=\"sisfs-block-heading\" style=\"margin-top:10px;\">Debt \/ Convertible Debentures<\/p>\n <p>\n <strong>Up to \u20b950 Lakhs<\/strong> as investment for:\n <\/p>\n <ul>\n <li>Market entry<\/li>\n <li>Commercialization<\/li>\n <li>Scaling up<\/li>\n <\/ul>\n <p>\n A startup can avail seed support in the form of both grant and\n debt\/convertible debentures \u2014 each once, as per scheme guidelines.\n <\/p>\n <\/article>\n <\/div>\n\n \n <div class=\"sisfs-section-grid\">\n <article class=\"sisfs-card\">\n <h2>Eligibility<\/h2>\n <ul>\n <li>A startup recognized by DPIIT, incorporated not more than 2 years ago at the time of application.<\/li>\n <li>Business idea to develop a product or service with market fit, viable commercialization and scope for scaling.<\/li>\n <li>Uses technology in its core product\/service, business model, distribution model or methodology.<\/li>\n <li>\n Preference to startups with innovative solutions in sectors such as social impact, waste & water\n management, financial inclusion, education, agriculture, food processing, biotechnology, healthcare,\n energy, mobility, defence, space, railways, oil & gas, textiles, etc.\n <\/li>\n <li>\n Has not received more than \u20b910 Lakhs of monetary support under any other Central\/State Government scheme\n (excluding prize money, subsidised workspace, founder stipend, access to labs or prototyping facilities).\n <\/li>\n <li>\n At least 51% shareholding by Indian promoters at the time of application to the incubator, as per\n Companies Act, 2013 and SEBI (ICDR) Regulations, 2018.\n <\/li>\n <li>\n Can avail seed support in the form of grant and debt\/convertible debentures each once, as per scheme guidelines.\n <\/li>\n <\/ul>\n <\/article>\n\n <article class=\"sisfs-card\">\n <h2>Application of Fund Support<\/h2>\n <p>\n Seed fund shall <strong>not<\/strong> be used by startups for creation of physical facilities.\n It must be utilized strictly for the purposes for which it is granted.\n <\/p>\n <p class=\"sisfs-block-heading\">Grant usage<\/p>\n <ul>\n <li>Validation of proof of concept<\/li>\n <li>Prototype development<\/li>\n <li>Product trials<\/li>\n <\/ul>\n\n <p class=\"sisfs-block-heading\" style=\"margin-top:10px;\">Debt \/ Convertible debenture usage<\/p>\n <ul>\n <li>Market entry<\/li>\n <li>Commercialization<\/li>\n <li>Scaling up<\/li>\n <\/ul>\n <\/article>\n <\/div>\n\n \n <article class=\"sisfs-card\" style=\"margin-bottom:24px;\">\n <h2>Application Process<\/h2>\n <p>\n An online call for applications is hosted on an ongoing basis on the Startup India portal\n (portal opening soon). DPIIT-recognized startups can log in using their Startup India\n credentials to apply. The process is completely online \u2014 no physical submission of\n documents is required.\n <\/p>\n <p>\n Startups can apply to up to <strong>3 different incubators<\/strong> of their choice.\n Funding will be provided by the incubator that ultimately selects the startup with\n the highest preference:\n <\/p>\n <ul>\n <li>If Preference 1 and Preference 2 incubators both select the startup, funding comes from Preference 1.<\/li>\n <li>If Preference 1 rejects but Preference 2 selects, funding comes from Preference 2, and so on.<\/li>\n <\/ul>\n <\/article>\n\n \n <div class=\"sisfs-section-grid\">\n <article class=\"sisfs-card\">\n <h2>Evaluation & Selection<\/h2>\n <p>\n Eligible applications are evaluated by the Selection Committee on the basis of:\n <\/p>\n <div class=\"sisfs-two-col-list\">\n <div>\n <ul>\n <li>Need for the idea<\/li>\n <li>Feasibility<\/li>\n <li>Potential impact<\/li>\n <li>Novelty<\/li>\n <\/ul>\n <\/div>\n <div>\n <ul>\n <li>Team<\/li>\n <li>Fund utilization plan<\/li>\n <li>Additional parameters<\/li>\n <li>Presentation<\/li>\n <\/ul>\n <\/div>\n <\/div>\n\n <p style=\"margin-top:10px;\">\n The committee evaluates submissions and presentations and selects startups for\n Seed Fund within <strong>45 days<\/strong> of receiving the application. Selected startups\n receive funding under the incubator that selects them as beneficiaries as per their preference.\n <\/p>\n <p>\n The incubator signs a legal agreement with each selected startup before the first disbursement.\n Startups must submit a final report and audited utilization certificate at the end of the project.\n <\/p>\n <\/article>\n\n <article class=\"sisfs-card\">\n <h2>Progress Reporting<\/h2>\n <p>\n Selected startups must share progress against key parameters in all reports submitted\n to the incubator, including:\n <\/p>\n <ul>\n <li>Progress of proof of concept<\/li>\n <li>Progress of prototype development<\/li>\n <li>Progress of product development<\/li>\n <li>Progress of field trials and market launch<\/li>\n <li>Quantum of loan, angel or VC funding raised<\/li>\n <li>Jobs created by the startup<\/li>\n <li>Turnover of the startup<\/li>\n <li>Any other appropriate parameter<\/li>\n <\/ul>\n <\/article>\n <\/div>\n\n \n <article class=\"sisfs-card sisfs-card-em\">\n <h2>Re-application<\/h2>\n <p>\n An applicant can apply to SISFS again after <strong>3 months<\/strong> of receiving a rejection.\n This buffer period ensures that the startup has addressed the feedback received from incubators\n and is better prepared for consideration in the next round.\n <\/p>\n <\/article>\n\n \n <div class=\"sisfs-cta-row\">\n <a href=\"https:\/\/seedfund.startupindia.gov.in\/\" class=\"sisfs-btn\">Apply Now<\/a>\n <span class=\"sisfs-cta-note\">\n DPIIT-recognized startups can apply through the Startup India portal once the scheme is live.\n <\/span>\n <\/div>\n\n <\/div>\n<\/section>\n\n<\/body>\n<\/html>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Startup India Seed Fund Scheme (SISFS) Funding programme Startup India Seed Fund Scheme (SISFS) Financial assistance for early-stage startups to validate ideas, build prototypes, run product trials and enter the…<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"elementor_header_footer","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"class_list":["post-4918","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/dtuiif.co.in\/index.php?rest_route=\/wp\/v2\/pages\/4918","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dtuiif.co.in\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/dtuiif.co.in\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/dtuiif.co.in\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dtuiif.co.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4918"}],"version-history":[{"count":7,"href":"https:\/\/dtuiif.co.in\/index.php?rest_route=\/wp\/v2\/pages\/4918\/revisions"}],"predecessor-version":[{"id":7689,"href":"https:\/\/dtuiif.co.in\/index.php?rest_route=\/wp\/v2\/pages\/4918\/revisions\/7689"}],"wp:attachment":[{"href":"https:\/\/dtuiif.co.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4918"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}