Schemes

Startup India Seed Fund Scheme (SISFS)

Startup India Seed Fund Scheme (SISFS) aims to provide financial assistance to startups for proof of concept, prototype development, product trials, market entry, and commercialization.

The need for the Startup India Seed Fund Scheme is to ensure easy availability of capital for entrepreneurs at the early stages of growth. Funding from angel investors and venture capital firms typically becomes available only after proof of concept has been established. Similarly, banks provide loans only to asset-backed applicants.

It is essential to provide seed funding to startups with innovative ideas to conduct proof of concept trials.

This scheme enables startups to graduate to a level where they can raise investments from angel investors or venture capitalists or seek loans from commercial banks or financial institutions.

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