SISFS
Deshpande Startups plays a vital role in supporting innovators and entrepreneurs by providing funding avenues tailored to startups at different stages of growth. Through initiatives like SISFS, we offer seed funds and grants, championing our founder-first approach.
Startup India Seed Fund Scheme (SISFS) provides financial assistance to startups for proof of concept, prototype development, product trials, market entry, and commercialization. Eligible startups can apply for the scheme on the Startup India portal. The Seed Fund will be disbursed to selected startups through eligible incubators across India.
Startup India Seed Fund Scheme (SISFS)
Under the National Initiative for Developing and Harnessing Innovations Seed Support System (NIDHI-SSS) by the Department of Science and Technology, Deshpande Startups facilitates a seed fund with a ₹10 crore corpus. This initiative aims to provide financial assistance to startups exhibiting promising ideas, innovations, and technologies. NIDHI-SSS acts as a bridge between developmental stages and commercialization, enabling startups to attract investments or loans from various sources.
Eligibility Criteria
A startup recognized by DPIIT incorporated not more than two years ago at the time of application, is invited to apply for the scheme.
See if your startup qualifies for funding on the Startup India Seed Fund Scheme (SISFS) website. We’re listed as “Foundation for Sandboxstartup Initiatives.”
