Seed Funding
The DPIIT Seed Fund refers to the Startup India Seed Fund Scheme (SISFS)
The DPIIT Seed Fund refers to the Startup India Seed Fund Scheme (SISFS), launched by the Department for Promotion of Industry and Internal Trade (DPIIT) to support early-stage startups in India. It provides up to ₹50 lakh in financial assistance for proof of concept, prototype development, product trials, market entry, and commercialization.
- Launched: April 2021 under the Startup India initiative
- Objective: To help startups bridge the critical gap between idea validation and raising investments from angel investors or venture capitalists
- Up to ₹20 lakh for proof of concept, prototype development, or product trials
- Up to ₹50 lakh for market entry, commercialization, or scaling