SIDBI Seed Fund Programme for iDEX-supported Startups & MSMEs in the Defence sector — Frequently Asked Questions
Answers to the questions founders most often ask about SIDBI Seed Fund Programme for iDEX-supported Startups & MSMEs in the Defence sector — who qualifies, the funding amount, required documents and how the application works.
Frequently asked questions
What type of funding is offered?
The programme provides equity or equity-like investments, not grants or loans. The investor takes a stake in the company.
How much funding can a startup receive?
The investment ranges from ₹10 lakh to ₹1.5 crore per MSME/startup.
What is the application deadline?
The deadline for applications is 22 July 2026.
Who can apply?
Indian private limited companies that are at least one year old, DPIIT-recognised startups that have won an iDEX challenge, been referred to FIRST by iDEX, and previously received iDEX grant support.
Is DPIIT registration mandatory?
Yes, DPIIT startup recognition is a mandatory eligibility requirement.
Does the programme take equity?
Yes, the funding is in the form of equity or equity-like instruments, so the programme will acquire a stake in the startup.
What can the funding be used for?
The investment can be used for testing, trials, prototype development, industrial product design, technology transfer, pilot-scale manufacturing, field and market trials, product launch, and scale-up activities.
How is the funding disbursed?
The investment is disbursed in one or more milestone-linked tranches, as decided by the Investment Committee.
How do I apply?
Applications are submitted through a call for applications via the provided Google Form link. The process includes preliminary screening, external evaluation, due diligence, and legal formalities.
What documents are typically required?
Startups need to provide proof of incorporation, DPIIT recognition certificate, iDEX winner/grant documents, and financial details as part of the evaluation.
Who offers SIDBI Seed Fund Programme for iDEX-supported Startups & MSMEs in the Defence sector?
SIDBI Seed Fund Programme for iDEX-supported Startups & MSMEs in the Defence sector is offered by SIIC IIT Kanpur, an academic institution. It is provided as an investment.