Grant scheme

Startup India Seed Fund Scheme (SISFS)

A programme by KIIT-TBI

KIIT-TBI is a disbursing incubator for the national seed fund, which accepts applications all year through the Startup India portal.

At a glance

Best forDPIIT-recognised startups under two years old needing money to get from proof of concept to market
StagePrototype – Early revenue
Duration12 months for the grant portion
FormatIn person
CostFree
Grant supportFor selected startups. A place in the programme does not by itself guarantee a grant.
Run withStartup India, DPIIT

About Startup India Seed Fund Scheme (SISFS)

The Startup India Seed Fund Scheme supports proof of concept, prototype development, product trials, market entry and commercialisation. KIIT-TBI is one of the incubators that screens and disburses it. Applications are open all year on the national portal rather than in cohorts.

What you get

  • Seed funding as a grant and as debt or a convertible debenture
  • Twelve months for the grant portion; the debt portion carries a three-year moratorium
  • Mentoring and network access through the incubator

Who can apply

  • A DPIIT-recognised startup incorporated no more than two years ago at the time of applying
  • A business idea for a product or service with market fit, viable commercialisation and room to scale
  • Technology at the core of the product, service, business model, distribution model or method
  • Any sector, with preference for social impact, waste and water management, financial inclusion, education, agriculture, food processing, biotechnology, healthcare, energy, mobility, defence, space, railways, oil and gas and textiles

How selection works: An eligibility check in the first fifteen days, preliminary screening between fifteen and thirty days, then the Incubator Seed Management Committee round between thirty and forty-five days. The committee scores need, feasibility, potential impact, novelty, team, fund utilisation plan and the presentation itself.

How to apply: Apply on the Startup India Seed Fund portal and name KIIT-TBI as one of up to three incubator preferences. Get DPIIT recognition first — it is a hard gate.

Where to apply

Other KIIT-TBI programmes

Everything about KIIT-TBI