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Startup India Seed Fund Scheme 2024
Grant
About
The Startup India Seed Fund Scheme 2024 offers new startups in India up to INR 50 lakh in financial assistance, mentorship, and support from incubators to help them grow and scale their businesses.
Benefits
- 💰Financial SupportUp to INR 50 lakh of financial assistance through grants and debt/convertible debentures
- 🎓Mentorship & SupportMentorship and support from incubators
- 📈Business GrowthThe opportunity to scale and grow their business
Eligibility Criteria
- Must be a startup recognized by DPIIT
- Incorporated within the last 2 years
- Using technology in their core product or service
- Not have received more than INR 10 lakh of monetary support from any other government scheme
- Indian promoters must hold at least 51% shareholding
Target Sector
All Industries
Target Location
India
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Department for Promotion of Industry and Internal Trade (DPIIT)