Startup India Seed Fund Scheme (SISFS) For Startups — Frequently Asked Questions
Answers to the questions founders most often ask about Startup India Seed Fund Scheme (SISFS) For Startups — who qualifies, the funding amount, required documents and how the application works.
Frequently asked questions
How much total funding can I get under SISFS?
A startup can receive up to ₹70 lakh in total: a grant of up to ₹20 lakh for proof-of-concept, prototype development, and product trials, and debt or convertible debentures of up to ₹50 lakh for market entry and commercialisation. Each startup can avail each type once.
What is the application deadline?
The scheme is always open on a rolling basis, with no fixed deadline. Applications are accepted continuously as long as the scheme corpus lasts and can be submitted through the designated portal.
Who is eligible to apply from a sector perspective?
The scheme is sector-agnostic, meaning startups from any industry can apply. However, preference is given to startups working in healthcare, agriculture, biotech, social impact, clean energy, waste management, water management, financial inclusion, education, mobility, defence, and space.
What entity types are eligible for SISFS?
Only startups incorporated as a Private Limited Company, Limited Liability Partnership (LLP), or Registered Partnership are eligible. Sole proprietorships and individual applicants cannot apply.
Is DPIIT recognition mandatory, and how do I get it?
Yes, DPIIT recognition is mandatory before applying. You can obtain recognition online at the Startup India portal startupindia.gov.in.
Do I need MSME registration to apply?
MSME registration is not mentioned as a requirement for this scheme. It is not required or stated as a prerequisite.
Does SISFS take equity from my startup?
No. The funding is a grant and debt without taking equity. The government or incubator does not take ownership in your company through this scheme.
What documents are needed to apply?
You need to provide DPIIT recognition certificate, certificate of incorporation, PAN and Aadhaar of founders, shareholding pattern showing at least 51% Indian promoter holding, business plan or pitch deck, proof of concept or prototype details, financial projections with fund utilisation plan, and a cancelled cheque or bank statement.
Can I apply directly to an incubator, or only through the portal?
You must apply through the SISFS portal (seedfund.startupindia.gov.in) by selecting up to three preferred incubators. There is no physical submission. The portal handles the applications and shares them with your selected incubators.
How long does the selection process take?
Final selection is communicated within 45 days of applying. After that, a legal agreement is signed with the incubator before funds are disbursed in milestone tranches. Rejected applicants receive an email and can reapply after 3 months.
Who offers Startup India Seed Fund Scheme (SISFS) For Startups?
Startup India Seed Fund Scheme (SISFS) For Startups is offered by Department for Promotion of Industry and Internal Trade (DPIIT), a government body. It is provided as non-dilutive funding.
How do I apply for Startup India Seed Fund Scheme (SISFS) For Startups?
Apply directly through the official application link on this page. Review the eligibility criteria and prepare your startup documents before you begin.
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