Startup India Seed Fund Scheme (SISFS) - Ministry of Commerce & Industry | Current Affairs | Vision IAS

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Startup India Seed Fund Scheme (SISFS)

Updated: 17 Oct 2025
Ministry: Ministry of Commerce & Industry
Beneficiary: Startups

Overview

Launched in 2021, the scheme provides financial support to eligible startups and incubators for developing prototypes, market entry, and commercialization. It helps startups attract investment while supporting incubators that foster innovation in sectors like social impact and waste management.

  • Launched in: 2021 
  • It provides financial assistance to eligible startups through eligible incubators 
    • Start-ups can avail up to ₹70 lakh
    • Incubators can avail up to ₹5 crore
  • Financial assistance is provided for Proof of concept; Prototype development; Product trials; Market entry; and Commercialization
Eligibility for Startups

Eligibility for Incubators

  • Recognised by the DPIIT.
  • Not more than 2 years old. 
  • Must not have received more than Rs 10 lakh of monetary support (excluding prize money) from the central/ state governments.
  • A legal entity (a society, a trust, private limited company, or a statutory body).
  • Operational for at least 2 years.
  • Must have facilities to seat at least 25 individuals. 
  • Must have at least 5 startups undergoing incubation physically.
  • Preferred sectors: Social impact, waste management, water management, financial inclusion, etc.
  • Benefits: Enables start-ups to raise investments from angel investors or venture capitalists, or seek loans.