The Rs 945 crore Startup India Seed Fund Scheme (SISFS) will become operational from April 1 of this year till 2025 and this will be disbursed through selected incubators across India, according to a gazette notification by the government.
Here is how you can see if your startup is eligible for this scheme, which will be implemented by the Department for Promotion of Industry and Internal Trade (DIIT).
Eligibility criteria for startups
A startup, recognised by DPIIT, incorporated not more than two years ago at the time of application.
Startups must have a business idea to develop a product or a service with market fit, viable commercialisation, and scope of scaling.
Startup should be using technology in its core product or service, or…