About
The Government of India’s Startup India initiative aims to create a robust startup ecosystem in the country to foster innovation and provide opportunities to aspiring entrepreneurs.
Startup India Seed Fund Scheme (SISFS) was established by DPIIT with the goal of providing financial assistance to startups for Proof of Concept, Prototype Development, Product Trials, Market Entry, and Commercialization.
The Need For Startup India Seed Fund Scheme
Entrepreneurs in the initial phases of building a business greatly benefit from easy access to capital.
During the early stages, startups often secure funding from angel investors and venture capital firms once they demonstrate a viable proof of concept. Similarly, banks tend to offer loans primarily to applicants who can provide assets as collateral.
Preferred Sectors
AgriTech
Foodtech
Waste Management
Millet Startups
Dairy Tech Startups
Tech for Social Good
Who Can Apply
