About SISFS (Startup India Seed Fund Scheme)

The Startup India Seed Fund Scheme (SISFS) is a flagship initiative by the Government of India designed to provide crucial financial assistance to early-stage startups. This scheme aims to support startups in their initial stages of growth by offering seed funding for proof of concept, prototype development, product trials, market entry, and commercialization. SISFS serves as a critical foundation for startups to validate their ideas and build a pathway toward scaling up.

Objectives of SISFS

• Enable Startups to Validate and Develop Their Ideas: Provide financial aid for proof of concept, prototype development, and early product development stages.
• Support Market Entry and Commercialization: Assist startups in bringing their products to market and preparing them for scale-up.
• Foster Innovation and Employment: Encourage innovative solutions that address key challenges and contribute to job creation and economic development.
• Bridge Funding Gaps: Provide essential funding to startups that may not yet have access to traditional forms of investment, thereby filling a crucial gap in the early stages of a startup’s lifecycle.

Support Provided Under SISFS

• Grants for Validation of Proof of Concept: Financial aid to startups to validate their ideas and build prototypes.
• Convertible Debentures: Funding provided in the form of convertible debentures to support startups during their early growth stages.
• Access to Incubators: Startups can apply for seed funds through recognized incubators under the SISFS network, which also provides mentoring and business development support.

At SANDIP TBI, we are proud to be a recognized incubator under the SISFS program, offering startups access to this vital funding and supporting them with comprehensive incubation services to accelerate their growth.

Applications for the Startup India Seed Fund Scheme (SISFS) through SANDIP TBI

Get financial support for your startup’s proof of concept, prototype development, product trials, market entry, and commercialization.

Apply now: seedfund.startupindia.gov.in

For more details about the scheme, including eligibility criteria, the application process, evaluation criteria, and post-selection procedures.

Please visit:seedfund.startupindia.gov.in/faq