DPIIT – Seed Fund Application

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Benefits of Seed Fund Support

✔Equity-Free Grants: Receive up to ₹20 lakhs for idea validation and prototype development.
✔Convertible Debt Funding: Get up to ₹50 lakhs as debt or convertible debentures for market entry and commercialization.
✔No Repayment on Grants: Grant amount does not require equity dilution or repayment.
✔Incubator Support: Access to mentors, networks, and infrastructure through partner incubators.
✔Boosts Credibility: Government support increases startup visibility and investor confidence.

Eligibility Criteria

To apply for Seed Fund under SISFS, your startup must:

✔Be DPIIT-recognized at the time of application.
✔Have a business idea with innovative solutions, social impact, or a scalable business model.
✔Be in the prototype or pre-commercialization stage.
✔Have not received more than ₹10 lakh in funding from other government schemes (excluding prize money, subsidized facilities, etc.).
✔Preferably be less than 2 years old (not mandatory but considered favorable by incubators).

Application Process

Eligibility Check:

We assess your business and readiness for the Seed Fund Scheme.

Pitch Deck & Proposal Preparation:

Our team helps create a compelling pitch deck, business plan, and financial projections tailored to the scheme’s guidelines.

Application Submission:

We assist in applying through the Startup India Seed Fund portal, selecting the right incubator(s).

Incubator Interaction:

We prepare you for interviews or presentations to incubator screening committees.

Grant/Funding Disbursement:

Once selected, funding is disbursed in tranches through the incubator.

What You Will Get from Seed Fund Support

What You'll Get

✔End-to-end assistance with Seed Fund application
✔Professional pitch deck & documentation support
✔Guidance on incubator selection and outreach
✔Preparation for interviews with selection committees
✔Follow-up support until grant/funding disbursement

Get Started With Bizotic Supervision Private Limited

Frequently Asked Questions

Common questions about DPIIT – Seed Fund Application

The Startup India Seed Fund Scheme provides financial assistance of up to Rs. 50 lakh to eligible startups for proof of concept, prototype development, product trials, and market entry through selected incubators.

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