Startup India Seed Fund Scheme (SISFS) - Phase 4

Administered by SIDBI, this scheme provides financial support including a grant for prototype development and convertible notes for market entry, disbursed through empanelled incubators. SISFS operates as two linked instruments disbursed through DPIIT-empanelled incubators: a grant component for proof-of-concept and prototype work, and convertible debentures for validated startups entering the market, with the overall scheme corpus standing at ₹945 crore since its 2021 launch. While sector-agnostic, published scheme guidance gives evaluation preference to startups in social impact, waste and water management, financial inclusion, agriculture, and healthcare. Applicants should note the scheme's incubator-driven selection means turnaround and exact grant-versus-debenture mix vary by which incubator processes the application, even though the ₹10 crore per-startup ceiling referenced in this listing is the overall Phase cap rather than a typical individual award.