What is the maximum funding available through the SIDBI-iDEX Seed Fund?

The program offers funding support of up to ₹1.5 Crore (₹15,000,000) as equity or equity-linked investment.

Which types of startups are eligible to apply?

Only DPIIT-recognized Indian Private Limited companies are eligible. Additionally, applicants must have received an iDEX grant or be an iDEX challenge winner and be willing to incubate with PIEDS.

Are there any age restrictions for the company?

Yes, your private limited company must have been incorporated at least one year prior to submitting the request for seed funding.

What kind of support does the program offer beyond funding?

Beyond equity investment, the fund provides incubation support through PIEDS, including assistance with prototyping, testing, product development, field trials, and go-to-market strategies. This comprehensive support helps transform innovative ideas into impactful solutions.

What documents are required for the application?

Applicants should be ready with their Certificate of Incorporation, Memorandum of Association (MoA), Articles of Association (AoA), Company PAN Card, GST registration certificate, and DPIIT certificate before filling out the online application form.

Is an iDEX grant a mandatory prerequisite for this fund?

Yes, it is explicitly stated that applicants must have received an iDEX grant or be an iDEX challenge winner to be eligible for consideration under this program.

SIDBI-iDEX Seed Fund 2026 – Up to ₹1.5 Cr

The SIDBI-iDEX Seed Fund 2026 is a crucial initiative designed to bolster India's defence and aerospace capabilities by supporting innovative DeepTech startups. This program aims to bridge the funding gap for early-stage companies that have already demonstrated potential through the iDEX challenge. By providing substantial equity/equity-linked investment and essential incubation support through PIEDS, the fund enables startups to transition their groundbreaking ideas from conceptualization to market-ready solutions. It fosters an ecosystem where technological advancements can thrive, directly contributing to national security and self-reliance in critical sectors. The fund targets companies with a clear vision to develop disruptive technologies and provides the necessary resources to navigate the complex journey of product development, testing, and market entry within the defence and aerospace domains. This strategic partnership between SIDBI, iDEX, and PIEDS is set to accelerate the growth of a new generation of Indian innovators.

Applications will undergo a thorough screening process by PIEDS and iDEX to verify eligibility, particularly regarding DPIIT recognition, incorporation age, and prior iDEX grant status. Shortlisted startups may be required to provide further documentation or participate in presentation rounds. The final selection will be made based on the innovation's potential, alignment with defence and aerospace needs, and the startup's commitment to incubation with PIEDS.

The SIDBI-iDEX Seed Fund provides equity or equity-linked investment of up to ₹1.5 Crore to selected startups. This capital is crucial for driving prototyping, product development, and field trials. Beyond financial support, the program includes comprehensive incubation with PIEDS, offering strategic guidance and operational support. Startups will benefit from go-to-market assistance, mentorship from industry experts, and networking opportunities to accelerate their growth and impact within India's defence ecosystem.

SIDBI-iDEX Seed Fund 2026

SIDBI-iDEX Seed Fund 2026

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