The scheme тАЬStartup India Seed Fund Scheme (SISFS)тАЭ was launched by the DPIIT on 19th April 2021 to provide financial assistance to startups for proof of concept, prototype develop...
**Note 01:** The exact quantum of grant and installments for each incubator will be decided by the Experts Advisory Committee (EAC) based on its evaluation.
**Note 02:** Incubators shall use the grant only for disbursal to eligible startups and shall not use the grant for facility creation or any other expenses.
**Note 03:** The Management Fee provisioned for incubators shall not be used by the incubator for facility creation or any other administrative expenses. The Management Fee will be utilized for administrative expenditure, selection and due diligence of startups, and monitoring of the progress of beneficiary startups.
**Note 04:** Installments shall be released to incubators upon submission of proofs of achievement of milestones as decided by EAC. A Proportionate Management fee shall also be released with each installment.
**Note 05:** The quantum of the first installment may be up to 40% of the total approved commitment. When the cash-in-hand of the incubator goes below 10% of the total commitment by EAC, the Incubator may request for the next installment, which shall be released to the incubator within 30 days of submission of proof of achievement of milestones.
**Note 06:** The grant should be utilized fully by the incubator within a period of three years from the date of receipt of the first installment of funds.
**Note 07:** If the Incubator has not utilized at least 50% of the total commitment w
The eligibility criteria for an incubator to apply in the Startup India Seed Fund scheme are as follows:
a) A society registered under the Societies Registration Act 1860, or
b) A Trust registered under the Indian Trusts Act 1882, or
c) A Private Limited company registered under the Companies Act 1956 or the Companies Act 2013, or
d) A statutory body created through an Act of the legislature.
a) The incubator must be operational for at least three years.
b) Must have at least 10 separate startups undergoing incubation in the incubator physically on the date of application.
c) Must present audited annual reports for the last 2 years.
**Note:** Any additional criteria as may be decided by the Experts Advisory Committee (EAC).
The eligibility criteria for an incubator to apply in the Startup India Seed Fund scheme are as follows: 1. Incubator must be a legal entity: a) A society registered under the Societies Registration Act 1860, or b) A Trust registered under the Indian Trusts Act 1882, or c) A Pr...
1. A Grant of up to тВ╣5 (five) crore would be provided to a selected incubator in milestone-based three (or) more installments. 1. A component of Management Fee @ 5% of the Seed Fund grant to the incubator will be provisioned (i.e. if an incubator is granted тВ╣1 crore of Seed Fund, then b...
**Online** > **Application Procedure:** **Step 01:** The Call for Applications for incubators will be open online throughout the year. **Step 02:** Online [Applications](https://www.startupindia.gov.in/content/sih/en/incubator-form.html) will be invited from incubators across India to par...
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рдЖрдЦрд╝рд┐рд░реА рдЕрдкрдбреЗрдЯ: 30 Sep 2026