MSInS Seed Fund
A programme by RIIDL, Somaiya Vidyavihar University (Research Innovation Incubation Design Labs)
The Maharashtra State Innovation Society seed fund, open to startups registered in Maharashtra and routed through approved incubators like riidl.
At a glance
| Best for | Maharashtra-registered startups with a prototype or proof of concept |
|---|---|
| Stage | Prototype – MVP |
| Grant support | For selected startups. A place in the programme does not by itself guarantee a grant. |
| Run with | Maharashtra State Innovation Society |
About MSInS Seed Fund
riidl lists the Maharashtra State Innovation Society seed fund among its government funding programmes and shows the startups it has supported under it. It funds proof-of-concept work and comes with incubation support.
What you get
- Grant support for proof-of-concept development
- Mentors and industry experts
- Incubation support and infrastructure
Who can apply
- Startups registered in Maharashtra
- A legally registered entity — company, LLP or partnership — at the time of applying, or a commitment to register as a company on selection
- Teams working on an innovative technology or product with commercial potential
- Startups incubated with or supported by an approved incubator when they apply
- Founders who can show a clear business plan and a prototype, MVP or proof of concept
How selection works: Online application, then a technical screening of the proposal, a presentation to the evaluation committee, and final selection.
How to apply: Through the scheme's official portal, with riidl as your incubator. riidl's page names its programme manager as the contact and attaches the scheme guidelines; general enquiries can go to riidl@somaiya.edu.
Startups riidl names as supported include Tusk, Mindcell, Warpbay, Saventh and Resinno Biotech.
Where to apply
Other RIIDL programmes
- Incubationriidl's main intake for startups already registered as a Private Limited company, run as a hybrid programme with workspace, labs and mentoring.
- Pre-incubationThe track for teams that are not yet a Private Limited company, reached through the same application form as incubation.
- SoilBoxriidl's agriculture and climate programme, run with OmniActive Health Technologies' Innovation Leadership Fund, which gives selected startups grant support and mentoring.
- HDFC Parivartan Manufacturing Acceleration ProgramA manufacturing acceleration programme riidl runs under HDFC Bank's Parivartan CSR initiative, with grant support for a small number of impact-driven startups.
- Futurance (with HDFC Life)An open-innovation call riidl designed with HDFC Life for insurance-adjacent startups; one edition has run and no new intake is published.
- NIDHI-SSS (Seed Support System)The Department of Science and Technology's seed support scheme, which riidl lists among its own government funding programmes and has put its startups through.
- Startup India Seed Fund Scheme (SISFS)DPIIT's seed fund, which riidl lists among its government programmes and has supported startups under, as both grants and convertible debentures.
- SAMRIDHMeitY's accelerator scheme for IT startups; riidl says it was selected under it to back five IT startups with matching investment.
- NIDHI PRAYASDST's prototyping support for young innovators, which riidl lists among its programmes and for which it has set up a dedicated lab on campus.
- NIDHI-EIR (Entrepreneur in Residence)DST's entrepreneur-in-residence scheme, listed among riidl's government programmes, which places entrepreneurs inside institutions and incubators.
- Lab bookingriidl's five labs can be booked directly through its site, without being incubated first.