Startup India Seed Fund Scheme (SISFS)

Provides up to ₹20 Lakhs as a grant for validation of proof of concept or prototype development, and up to ₹50 Lakhs for market entry, commercialization, or scaling through convertible debt or debentures. Because incubators act as the disbursing and evaluating body rather than DPIIT itself, the ₹20 lakh validation grant and the ₹30 lakh commercialization tranche are both released in milestones tied to progress the incubator's committee signs off on, not as a lump sum after pitch selection. The scheme's ₹10 lakh cap on prior government support from other schemes is a strict eligibility filter, meaning startups that have already drawn meaningful state-level grants may find themselves ineligible for SISFS even if they otherwise qualify on stage and incorporation age.