Seed Fund - Airawat Consultancy Services

Seed Fund

The Startup India Seed Fund Scheme (SISFS) provides financial support to early-stage startups for product development, proof of concept, market entry, or prototype testing. It offers funding up to ₹20 lakhs as a grant and up to ₹50 lakhs as investment through approved incubators. This scheme helps startups bridge the funding gap at the idea and MVP stage.


Benefits

Benefits of the Seed Fund Scheme

MVP (minimum viable product)
PoC (proof of concept)
Product trials or development

Market entry
Commercialization
Scalability support

Access to mentorship, co-working space, and lab facilities via incubators

Zero equity dilution for grant-in-aid

Helps bridge the "valley of death" (early funding gap)

Documents Required For Seed Fund

  • 1

    DPIIT Recognition Certificate

  • 2

    Certificate of Incorporation

  • 3

    Startup Pitch Deck (problem, solution, market, revenue, team)

  • 4

    Business Plan & Financial Projections

  • 5

    Bank account details of the startup

  • 6

    Aadhaar/PAN of founders

  • 7

    Statement of previous funding (if any)

Eligibility Criteria For Seed Fund

  • Must be DPIIT-recognized

  • Startup must be not more than 2 years old

  • Should not have received funding over ₹10 lakh under any central/state scheme for similar purposes

  • Must have a business idea with potential for innovation, commercialization, and scalability

  • Indian promoters must hold at least 51% equity in the startup at the time of application