Ewolyn Services Pvt Ltd - Evolving Indian StartUps & MSMEs
Grant45โ€“60 days

Startup SEED Fund

Early-stage capital support for innovative startups

Grant
Category
โ‚น50L
Max Grant
45โ€“60 days
Timeline
95%
Success Rate

About This Scheme

Startup India Seed Fund Scheme (SISFS) aims to provide financial assistance to startups for proof of concept, prototype development, product trials, market entry, and commercialization. The scheme is implemented through selected incubators.

Eligibility Criteria

  • 1DPIIT recognized startups
  • 2Not more than 2 years old at time of application
  • 3Not received more than โ‚น10 lakh monetary support under any government scheme
  • 4Should have a business idea with market fit potential
  • 5Should be applying through an approved incubator

Key Benefits

Benefit 1

Grant up to โ‚น20 lakh for validation of POC/prototype

Benefit 2

Investment up to โ‚น50 lakh for market launch

Benefit 3

Mentorship from experienced entrepreneurs

Benefit 4

Access to incubator facilities

Benefit 5

Networking opportunities

Application Process

1
Step 1

Get DPIIT recognition for your startup

2
Step 2

Apply through approved incubator

3
Step 3

Incubator evaluates and shortlists

4
Step 4

Due diligence and selection

5
Step 5

Fund disbursement in tranches

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