Funding and purpose
- Up to ₹20 lakh as a grant for proof of concept, prototype development or product trials, disbursed against milestones.
- Up to ₹50 lakh through debt, debt-linked instruments or convertible debentures for market entry, commercialisation or scaling. It is not the same as a grant.
Eligibility highlights
The official scheme page describes a DPIIT-recognised startup incorporated no more than two years before applying, an innovative business idea with market fit and scaling potential, and at least 51% Indian promoter shareholding at application. The scheme also limits prior government monetary support, with specified exceptions; read the detailed rules. An incubator's selection is not guaranteed.
Route
Apply through the Seed Fund portal to selected incubators. The FAQ describes applying to up to three incubators, which evaluate the application and may ask for a presentation. Confirm the current call, available funds and incubator terms. Official FAQ.
Source checked: 28 October 2026. The original guidelines describe a time-bound scheme; verify current operation before relying on it.
External Links
Internal Links
None in this article.