Startup India Seed Fund Scheme (SISFS) For Startups — Eligibility Criteria

Your startup must first obtain DPIIT recognition under the Startup India initiative. The company must have been incorporated no more than two years before the date of application. Your business idea must demonstrate strong market fit, commercial viability, and potential for scale. Technology should be a core element of your product, service, business model, or methodology. At least 51% of the shareholding must be held by Indian promoters at the time of application. The entity type must be a Private Limited Company, LLP, or Registered Partnership — sole proprietorships and individuals are not eligible. Your startup must not have received more than ₹10 lakh in monetary support from any Central or State Government scheme (excluding prize money, subsidised workspace, lab access, and founder allowances). Each startup can receive the grant and the debt/convertible debenture support once each.

Startup India Seed Fund Scheme (SISFS) For Startups is open to startups at the idea and product stage. It is open to startups registered anywhere in India. Applicants should be registered as llp, partnership and private limited. Applicants must hold DPIIT (Startup India) recognition.