How much funding is available?

Startups can leverage investments of up to ₹50,00,000 (₹50 lakh) per startup under GUSEC Seed. The instrument can be equity, debt, or a mix, decided case-by-case.

Do I need to be incubated at GUSEC to apply?

Non-incubated startups are welcome to apply — the same application is treated as a GUSEC Seed application and a GUSEC incubation application. However, the first tranche of funding is only released after the startup completes 3 months of exclusive incubation at GUSEC.

What entity type and ownership is required?

Registered Indian company (Private Limited or LLP) with at least 51% shareholding by Indian promoters. OCI and PIO holders count as Indian. Indian subsidiaries of MNCs or foreign companies are not eligible.

Is DPIIT recognition required?

DPIIT recognition is preferred but not strictly mandatory. The startup must fall under DPIIT's definition of a startup.

What sectors does GUSEC Seed prioritise?

GUSEC is targeting deep technology areas including AI, SpaceTech, IoT, ML, and defence-tech. Preference is given to technology-oriented, product, and IP-rich startups with traction or those raising larger rounds where GUSEC can co-invest.