SISFS Seed Fund (Debt) Scheme 2026

About

An equity-free grant program providing financial support and resources for early-stage startups recognized by DPIIT, aimed at fostering innovation and commercialization in various sectors. Participants can receive substantial funding for product development and benefit from a robust incubation ecosystem.

Benefits

• 💰Financial Support
  Up to ₹20 lakh in grant for proof of concept/prototype development
• 💵Debt Financing
  Up to ₹50 lakh in debt or convertible debentures for market entry/commercialization
• 🛠️ Product Development Support
  Support for product development and commercialization
• 🌱Incubation Ecosystem
  Backed by a strong incubation ecosystem

Eligibility Criteria

• Must be recognized by DPIIT
• Incorporated not more than 2 years before the date of application
• Must have a business idea with clear market fit, viable commercialization potential, and scope for scaling
• Technology must be a core component of the product, service, business model, distribution model, or methodology
• Must not have received more than ₹10 lakh in monetary support from any Central or State Government scheme
• At least 51% shareholding must be held by Indian promoters at time of application
• Must be incorporated as a Private Limited Company, LLP, or Registered Partnership

Participation Commitments

• Must submit a detailed business plan and financial projections
• Legal agreement signed between the startup and incubator before first disbursement
• Grant released in milestone-based tranches; each subsequent tranche requires an interim progress report and utilization certificate

Target Sector

All sectors

Target Location

India