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Startup India Seed Fund Scheme (via ASPIRE, University of Hyderabad)

Offered by ASPIRE (University of Hyderabad)

Overview

The Startup India Seed Fund Scheme (SISFS) is a DPIIT-run Government of India program that provides financial support to startups for proof of concept, prototype development, product trials, market entry, and commercialization, with the goal of helping ventures mature enough to attract venture capital or bank financing. ASPIRE, based at the University of Hyderabad's School of Life Sciences in Gachibowli, Hyderabad, is one of the DPIIT-empanelled incubators through which founders can apply.

Eligibility

  • Registered with DPIIT and incorporated within 2 years of application
  • Viable business concept with commercial potential and scaling capability
  • Technology integrated into the core operations, business model, or methodology
  • At least 51% Indian ownership per the Companies Act, 2013
  • Received less than Rs 10 lakh from other Central or State Government schemes

Funding Purpose

Funds are given as a milestone-based grant of up to Rs 20 lakh for proof of concept and prototype work, and as convertible debt or debt-linked instruments of up to Rs 50 lakh for market entry and commercialization activities.

Application Process

DPIIT-recognized startups log in to the national portal at seedfund.startupindia.gov.in with their startup recognition credentials, apply fully online, and can select up to 3 preferred incubators such as ASPIRE.

Apply Now ↗

How to Apply

  1. 1Click "Apply Now" above and submit your application directly on the official page.
  2. 2The offering organisation screens applications against its own eligibility criteria.
  3. 3Shortlisted applicants may be invited to a pitch or interview round.
  4. 4The final decision rests solely with the offering organisation.
  5. 5There is no guarantee of funding at any stage.

Before You Apply

  • ZeedFund is an independent tracker, not the offering organisation or a funding body.
  • Verify current eligibility, funding amount, and deadline on the official page before applying. Details can change after we last verified them.
  • Once you apply, all follow-up (screening updates, interview or pitch invites, and the final decision) comes directly from the facilitator, incubator, or investor, never from ZeedFund. Check their application portal or email yourself for status updates; we won't have visibility into it.