Startup India SEED FUND Scheme

A flagship initiative by the Government of India aimed at fostering Innovation & supporting the growth of startups across the country. Provides financial assistance to early-stage startups, particularly those with innovative ideas & high growth potential. Funds aim to bridge gap between development & commercialization by providing funding support for prototype development, proof of concept, product trials, market entry & scaling up operations. Duration: 12 months for Grant and 3 years moratorium period for Debt/Convertible Debenture. Eligibility: DPIIT-recognized startup, incorporated not more than 2 years ago, with a technology-driven business idea, market fit, viable commercialization, and scope of scaling. Preference given to social impact, waste management, water management, financial inclusion, education, agriculture, food processing, biotechnology, healthcare, energy, mobility, defence, space, railways, oil and gas, textiles. Evaluation process described with stages: Eligibility Check (0-15 Days), Preliminary Screening (15-30 Days), iSMC Round (30-45 days).