Startup India Seed Fund Scheme (SISFS)
A programme by JITO Incubation & Innovation Foundation (JITO Incubation & Innovation Foundation)
A central-government seed-fund scheme for which JIIF is a DPIIT-selected disbursing partner, channelling seed funds to eligible startups.
At a glance
| Best for | DPIIT-recognised startups incorporated within the last two years |
|---|---|
| Grant support | For selected startups. A place in the programme does not by itself guarantee a grant. |
About Startup India Seed Fund Scheme (SISFS)
JIIF has been a DPIIT-selected incubator partner for the Startup India Seed Fund Scheme since 2022. As a disbursing partner, it channels seed funds to eligible startups in the form of grants and convertible debentures, depending on the stage of the startup, for use in development and growth. Disbursement is overseen by an Incubator Seedfund Management Committee.
Who can apply
- A startup recognised by DPIIT
- Incorporated not more than two years ago at the time of application
- Using technology in its core product, service or business model
- At least 51% Indian promoter shareholding at the time of application
- Should not have taken substantial prior monetary support under another central or state government scheme
How to apply: Apply through the Startup India Seed Fund portal and JIIF's incubation application. For details, contact operations@jitojiif.com.
Where to apply
Other JIIF programmes
- JITO Incubation Centre (JIC)A three-month incubation programme for early-stage startups, offering mentoring, partner credits, office space and support services in exchange for equity.
- JITO Angel Network (JAN)A sector-agnostic angel network, backed by JITO's investors, that leads and co-invests in early-stage fundraising rounds.
- JITO Shark Angels (JSA)A live pitch-event platform where startups raise funds on the spot by pitching to a panel of investors; open to Jain entrepreneurs.