Startup India Seed Fund Scheme (via GUSEC)
Offered by GUSEC
Overview
The Startup India Seed Fund Scheme (SISFS) provides financial assistance to startups for proof of concept, prototype development, product trials, market entry, and commercialization, enabling them to reach a level where they can raise investment from angel investors or venture capitalists, or seek loans from commercial banks or financial institutions. GUSEC (the incubator at Gujarat University) has been an empaneled institution under SISFS since 2022, serving as a delivery partner for the national scheme.
Eligibility
- DPIIT-recognized startup incorporated within the scheme's specified window
- Involves technology in the core product/service, business model, or distribution model
- Minimum 51 percent Indian promoter shareholding
Funding Purpose
Funds support proof of concept, prototype development, product trials, market entry, and commercialization activities, intended to help startups reach a fundable stage for subsequent investment or institutional lending.
How to Apply
- 1Click "Apply Now" above and submit your application directly on the official page.
- 2The offering organisation screens applications against its own eligibility criteria.
- 3Shortlisted applicants may be invited to a pitch or interview round.
- 4The final decision rests solely with the offering organisation.
- 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.