Business & Startups
Startup India Seed Fund (SISFS)Startup India Seed Fund Scheme - Early Stage Funding
Complete 2026 guide to SISFS: ₹945 crore fund for 3,600 startups providing prototype/grant up to ₹50 lakh via incubators.
Last updated: 3/8/2026
Overview
Why launched: 1 lakh startups need angel/seed funding. SISFS (2021) provides grants via 300+ incubators to DPIIT recognized startups for proof of concept.
Core Benefits: Grant up to ₹20 lakh POC, ₹50 lakh scaling. Incubator approval mandatory. 10% corpus for social impact. No equity dilution. By 2026, 3,600 startups funded.
Success Stats: 1,200 startups received ₹945 crore, 300 incubators empaneled.
Who is Eligible?
- DPIIT recognized startups <2 years
- Innovative product/service
- Incubator recommendation
- Minimum viable product stage
- Social impact priority
Documents Required
- DPIIT certificate
- Incubator recommendation
- Prototype details
- Team profiles
- Financial projections
How to Apply
- 1Step 1: DPIIT recognition startupindia.gov.in
- 2Step 2: Incubator empanelment application
- 3Step 3: Submit POC proposal incubator
- 4Step 4: Incubator committee approval
- 5Step 5: Grant release in tranches
- 6Step 6: Quarterly milestone reporting