Book Appointment
Home Services Contact

Startup India Seed Fund Scheme


Startup India Seed Fund Scheme Startup India Seed Fund

About Startup India Seed Fund Certificate

The Startup India Seed Fund Scheme is designed to provide financial support to startups through grants and debt/convertible debentures. The goal is to help innovative startups in their early stages, aiding them in developing their products or services.
This funding is crucial for startups looking to scale, create innovative solutions, and reach the market with viable commercialization strategies.

Image

  • • Proof of DPIIT (Startup India Certificate) recognition.
  • • Business plan and details of the technology used.
  • • Details of the promoters and ownership structure.
  • • Any prior government funding (if any).

  • • DPIIT Recognition: The startup must be recognized by the Department for Promotion of Industry and Internal Trade (DPIIT).
  • • Age: It must be incorporated within the last 2 years at the time of application.
  • • Business Idea: The startup should have a viable business idea with potential for product/service development, commercialization, and scaling.
  • • Technology Integration: The startup must be using technology in its core product, service, business model, distribution model, or methodology to solve a targeted problem.
  • • Innovation Focus: Preference will be given to startups in sectors like social impact, waste management, education, agriculture, healthcare, energy, and more.
  • • Government Support: The startup should not have received more than Rs 10 lakh from any other central or state government scheme.
  • • Ownership: At least 51% of the startup should be owned by Indian promoters.
  • • Support Forms: Startups can receive seed funding in the form of grants and debt/convertible debentures as per the scheme guidelines.

  • • Financial Support: Startups can access seed funding in the form of grants or convertible debentures to develop their products or services.
  • • Innovation Encouragement: The scheme supports startups working on innovative solutions in various sectors including social impact, healthcare, agriculture, and technology.
  • • Incubator Support: The incubators play a crucial role in providing startups with the required infrastructure, mentorship, and networking opportunities.
  • • Government Assistance: Through this scheme, both startups and incubators are encouraged to collaborate and grow, thus contributing to the Indian startup ecosystem.
  • • Access to Expertise: The startups receive expert guidance from experienced CEOs and mentors who can help test and validate ideas, along with support in legal, finance, and human resources.
Talk To Expert Make Payment