Overview:

The Startup India Seed Fund Scheme (SISFS) offers financial support to early-stage startups to help them prototype, develop products, and scale.

What is the Service?
This scheme provides up to ₹20 lakh as a grant for validation of Proof of Concept (PoC) and product trials, and up to ₹50 lakh as convertible debentures for market entry and commercialization.

Key Features:

• Non-equity-based capital
• Exclusive to DPIIT-recognized startups
• Disbursed via approved incubators
• Prioritizes innovation-driven sectors

Who Should Choose It?
Founders in the idea or prototype stage who need capital to validate their product before going to market.

Advantages:
No equity dilution
Fast-track through incubators
Supportive mentorship included

Disadvantages:
Limited to early-stage startups
Long waiting period for fund release

Eligibility & Requirements:

• DPIIT-registered startup
• Not older than 2 years
• Not funded by any other government scheme
• Prototype ready or in validation phase

Documents Required:

1. DPIIT Certificate
2. Pitch Deck
3. Business Plan
4. Financial Projections
5. Aadhar & PAN of founders

Step-by-Step: How to Register:

1. Register your startup on the Startup India portal
2. Apply to an eligible incubator under SISFS
3. Submit pitch and financials
4. Attend selection committee interview
5. Await grant release

Timeline: 45–60 working days

Post-Registration Compliance:

• Progress reports to incubator
• Fund utilization proof

Why Choose Febstone?
We help prepare winning decks, structure your application, and match you with the right incubators to maximize success chances.