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Grant scheme

Startup India Seed Fund Scheme (SISFS)

A programme by Incubation Centre IIT Patna

DPIIT's national seed-fund scheme, disbursed through IC IITP as an empanelled incubator.

At a glance

Best forDPIIT-recognised startups under 2 years old, majority Indian-owned
StageIdea – MVP
Duration12 months (prototyping support period)
FormatIn person
CostFree
Grant supportFor selected startups. A place in the programme does not by itself guarantee a grant.
Run withDPIIT

About Startup India Seed Fund Scheme (SISFS)

The Startup India Seed Fund Scheme is a DPIIT programme, and IC IITP is one of the incubators disbursing it to eligible startups.

What you get

  • A milestone-based grant for validating proof of concept, prototype development or product trials
  • Investment for market entry, commercialisation or scaling, through convertible debentures or debt-linked instruments

Who can apply

  • A startup recognised by DPIIT and incorporated no more than 2 years before applying
  • A technology-based product or service with market fit and a viable path to commercialisation
  • Has not received more than a small amount of monetary support under any other government scheme
  • At least 51% Indian promoter shareholding
  • Preference goes to MedTech, IoT and robotics, defence and space, biotechnology, energy and mobility, automobile, and automation startups

How to apply: apply through DPIIT's Startup India Seed Fund portal and select IC IITP as your incubator.

Where to apply

Other Incubation Centre IIT Patna programmes

Everything about Incubation Centre IIT Patna