Fuel your innovations
SISFS aims to provide financial assistance to startups for proof of concept, prototype development, product trials, market entry and commercialization. This would enable startups to graduate to a level where they will be able to raise investments from angel investors or venture capitalists or seek loans from commercial banks or financial institutions and secure the foundation of their startup needs to thrive and make a lasting impact.
The Startup India Seed Fund Scheme (SISFS) is a transformative initiative launched by the Government of India to provide financial assistance to early-stage startups and nurture innovation across the country. Aimed at empowering budding entrepreneurs, SISFS addresses the critical funding gap at the ideation and prototype development stage, ensuring that promising ideas receive the support they need to become successful businesses.
Who It Is For ?
The Startup India Seed Fund Scheme (SISFS) is designed for early-stage startups in India that are recognized by the Department for Promotion of Industry and Internal Trade (DPIIT). It targets startups that have been incorporated not more than two years ago, helping them bridge the funding gap for activities such as proof of concept, prototype development, product trials, and market entry. The scheme is sector-agnostic, focusing on supporting innovative solutions that can drive economic growth and societal impact.
What to Expect ?
Apply for the program using the application form attached here
We will then reach out to you for a conversation to understand more about you and your startup idea
Post this, you will get the opportunity to pitch your business idea to the Vikrant Incubation Center Team