Startup India Seed Fund Scheme at IIM Udaipur Incubation Centre — Frequently Asked Questions
Answers to the questions founders most often ask about Startup India Seed Fund Scheme at IIM Udaipur Incubation Centre — who qualifies, the funding amount, required documents and how the application works.
Frequently asked questions
How much funding is offered under this scheme?
The scheme offers investment support of up to ₹50 lakhs through convertible debentures.
What is the application deadline?
The deadline for applications is December 20, 2025.
Who is eligible to apply?
Startups that are DPIIT-recognized, incorporated after December 31, 2023 (not more than 2 years old), and have not received more than ₹10 lakhs in monetary support from any Central or State Government scheme are eligible.
What stage of startup is preferred?
The scheme is ideal for startups that are post-revenue or have at least a prototype or proof-of-concept ready.
Is DPIIT registration required?
Yes, the startup must be recognized by DPIIT.
Does the program take equity?
No, the funding is provided as a grant through convertible debentures, which are non-dilutive initially but may convert to equity later.
How do I apply?
You can apply by filling out the online application form available on the IIM Udaipur Incubation Centre's website.
What documents are typically required?
The application process requires filling out the form; specific documents are not listed, but you may need to provide details about your startup, DPIIT recognition, and proof of incorporation.
How long does it take to get a response?
Applicants typically receive a response within one week of submission.
Are there any industry restrictions?
No specific industries are excluded; the program supports innovative and scalable startups in any sector.
Who offers Startup India Seed Fund Scheme at IIM Udaipur Incubation Centre?
Startup India Seed Fund Scheme at IIM Udaipur Incubation Centre is offered by IIM Udaipur Incubation Centre, an academic institution. It is provided as non-dilutive funding.
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