SISFS
DPIIT | Up to ₹50 Lakh Financial Assistance
The Startup India Seed Fund Scheme (SISFS) aims to provide financial assistance to startups for proof of concept, prototype development, product trials, market entry and commercialization. Created by DPIIT with an outlay of INR 945 crore, it enables startups to raise investments from angel investors or venture capitalists or seek loans from commercial banks.
₹945 Cr
Total Outlay by DPIIT
₹50L
Max Support per startup
2 Yrs
Incorporation limit at application
3 Types
Fund Types Grant / Debt / Equity
Startup India Seed Fund Scheme (SISFS) - Funding Support
Grant
Up to ₹20 Lakhs
- Prototype, Ideation & MVP Stage
- Milestone-based disbursement
- NOT to be repaid
- No collateral, No equity
Debt
Up to ₹50 Lakhs
- Product Validation & Scaling
- One-time payment
- Repayable within 1–5 years
- 1-year moratorium | Equity-based
Total Support:
Up to ₹50 Lakh per startup
Focus Sectors
- Renewable Energy
- Industry 4.0
- Meditech
- Watertech
- Energy Efficiency
- Electric Vehicles
- Agritech
- Healthtech
- Digitisation
Eligibility Criteria
DPIIT Recognized Startup
Must have an active Startup India recognition certificate
Incorporated ≤ 2 Years
Company must be not more than 2 years old at time of application
Prior Funding Limit
Should not have received more than ₹10 lakh under any Govt. scheme