Startup India Seed Fund Scheme (SISFS)
A programme by JAIN Launchpad (JAIN University Incubation Centre)
The national seed fund scheme, rolled out through JAIN Launchpad since February 2023.
At a glance
| Best for | Early-stage startups with a minimum viable product or early traction |
|---|---|
| Stage | Prototype – Early revenue |
| Grant support | For selected startups. A place in the programme does not by itself guarantee a grant. |
| Run with | Department for Promotion of Industry and Internal Trade, Ministry of Commerce and Industry |
About Startup India Seed Fund Scheme (SISFS)
JAIN Launchpad has run the Startup India Seed Fund Scheme since February 2023. The scheme backs startups at the early stages — proof of concept, prototype development, product trials, market entry and commercialisation — so that they can go on to raise from angel investors or venture funds, or borrow from banks. Support can come as a grant, as equity or as debt. It is backed by the Department for Promotion of Industry and Internal Trade and the Ministry of Commerce and Industry, and the incubator's list describes it as aimed at startups with a minimum viable product or early traction.
Who can apply
- The incubator does not publish the scheme's eligibility rules on its own pages, so check them with the team before you prepare an application
How to apply: there is no separate route published on the incubator's site. Ask at info@jainlaunchpad.com, or use the eligibility form on the Programmes page.
Where to apply
Other JAIN Launchpad (JAIN University Incubation Centre) programmes
- Riseupreneurs ProgrammeA fourteen-week pre-incubation programme for anyone with an idea, ending in a pitch and a certificate.
- 8800 Incubation ProgrammeA twelve-month incubation programme for registered early-stage startups chasing product-market fit, ending in a Demo Day.
- Acceleration ProgrammeFour structured months for startups that already have a working product, a full team and some trading history.
- Karnataka Acceleration Network (KAN)A Government of Karnataka accelerator for growth-stage startups in and beyond Bengaluru, with JAIN Launchpad as implementing partner.
- Seed Support SystemDST-backed seed funding for startups already incubated here, decided by a seed support committee after a pitch.
- NIDHI AcceleratorA DST-backed accelerator the incubator ran in 2020 and 2021; its own scheme list shows no later intake.
- JAIN Elevate WomEN IncubationAn incubation programme for women founders from smaller Karnataka towns, listed as running in 2022-23.
Everything about JAIN Launchpad (JAIN University Incubation Centre)