Provided by: DST (Dept. of Science & Tech)
Verified by our research team on 8 Jul 2026
Funding Support
₹10,00,000
Application Deadline
30 Sept 2026
Official Website
Not listed
Part of DST's National Initiative for Developing and Harnessing Innovations (NIDHI), providing funds for converting research into working prototypes, hosted at DST-recognized incubators. This scheme's ₹10 lakh figure reflects the original, flat-rate PRAYAS prototype grant model (predating the tiered PRAYAS/Advance PRAYAS structure now used under PRAYAS 2.0), disbursed with zero equity dilution to the applicant. Eligibility centers on having an actual working, lab-scale demonstration rather than a paper concept, which is why the scheme is explicitly positioned for student founders and researchers who already have a functioning model to convert into a market-ready prototype. Because hosting is restricted to DST-recognized incubators, an applicant's practical first step is confirming that their institution or nearest incubator is on DST's recognized list before submitting.
Startup Stage
All stages
Industry Sectors
All sectors
State Limitation
Pan-India
DPIIT & MSME Recognition
DPIIT Not Mandatory • MSME Not Mandatory
Startup India Seed Fund Scheme (SISFS) - Phase 4
Up to ₹10,00,00,000
Sign in to run an automated diagnostic matching your startup profiles against this scheme. Calculate your match score, view eligibility gaps, and draft application responses using Fund-Axis AI.