Grant (PoC / prototype)
Up to ₹20 lakh for proof of concept and prototyping work.
- Non-repayable grant
- Tied to PoC milestones
- Disbursement in tranches
The Startup India Seed Fund Scheme (SISFS) offers up to ₹20 lakh as grant (for proof of concept / prototyping) and up to ₹50 lakh as convertible debt (for market entry / commercialisation) through DPIIT-empanelled incubators.
Starting at
₹19,999
SISFS Application
DPIIT-recognised startups (under 2 years)
Timeline
8-16 weeks
SISFS provides early-stage funding via DPIIT-empanelled incubators - up to ₹20 lakh as grant for PoC / prototype / product trials, and up to ₹50 lakh as convertible debt for market entry / scale-up. Application is through one of the empanelled incubators (not directly to government).
TL;DR
DPIIT startup under 2 years old? Apply via an empanelled incubator for ₹20L grant (PoC) or ₹50L convertible debt (commercialisation). Apply early - selection is competitive.
SISFS
Startup India Seed Fund Scheme - administered by DPIIT through incubators.
Empanelled incubator
Incubator approved by DPIIT to disburse SISFS funds.
Grant vs debt
Grant = non-repayable for PoC. Debt = convertible into equity at incubator discretion.
Up to ₹20 lakh for proof of concept and prototyping work.
Up to ₹50 lakh for market entry / commercialisation.
01
Top 3-5 empanelled incubators identified by sector / geography / fit.
02
Pitch deck, financial projections, PoC plan, team and IP filed via incubator portal.
03
Incubator's SISFS committee shortlists, pitches, and selects.
04
Tranche-based release on milestone certification; quarterly compliance reports to incubator + DPIIT.
Upload via our secure portal. We pre-check every scan before filing - cuts portal rejections by ~90%.
Still unsure if SISFS Application is right for your case? Book a free 20-minute consult - a senior CA / CS will walk you through your specifics.
Still have questions?
Book a free 20-minute consult with a senior partner - we'll walk through your case and outline next steps.
Talk to a partner →A senior CA / CS will get on a call with you, confirm scope and start the work - usually within 24 hours.