The Startup India Seed Fund Scheme channels capital through approved incubators for proof of concept, prototype development, market entry and commercialisation. Separately, the Fund of Funds invests through SEBI-registered AIFs, and CGSS provides credit guarantee cover on loans to recognised startups.
SISFS is not one application, it is an application to a specific incubator whose thesis has to match what you are building. Picking the wrong incubator is the most common reason good startups get nowhere. We shortlist before we draft.
This benefit is only available to recognised startups. If you do not hold recognition yet we handle both in sequence, and you pay the verification fee only once. See DPIIT Recognition →
Incubators disburse it as grants for proof of concept and prototype work, and as debt or convertible instruments for market entry and commercialisation. The mix depends on the incubator and your stage.
No. Under the Fund of Funds the government commits capital to SEBI-registered alternative investment funds, and those funds invest in startups. SISFS money reaches you through an approved incubator.
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Important. BharathInCorp is an independent professional services firm. We are not an agent, franchise or authorised representative of DPIIT, the Startup India initiative, or any government department. DPIIT does not levy any fee for the Certificate of Recognition or the Certificate of Eligibility. Our charges are professional fees for preparation, verification and advisory work. Approval of any government application rests solely with the concerned authority. No consultant can guarantee an outcome. Full terms.