Amount
Amount Not Specified
Organization
Department for Promotion of Industry and Internal Trade
Source
Central Government
Stage
Early Stage
Equity
Industry Sectors
General
Fund Size
₹9,450,000,000
Focus Areas
General
The Startup India Seed Fund Scheme aims to provide financial assistance to startups for proof of concept, prototype development, product trials, market entry, and commercialization.
Startups must be recognized by DPIIT, have a valid incorporation certificate, and not have received more than INR 10 crore of funding previously.
Startups must apply through the Startup India portal. The application typically requires a detailed business plan, financial projections, and information about the startup's team and technology. The selection process involves a review committee that evaluates the applications based on their innovation, scalability, and potential for impact.