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Startup India Seed Fund Scheme (SISFS)

About the Scheme

The Startup India Seed Fund Scheme (SISFS) is a Government of India initiative aimed at providing financial assistance to startups for proof of concept, prototype development, product trials, and market entry.

MAGIC supports startups by facilitating access to the scheme and guiding them through the application and evaluation process.

Scheme Focus Areas

Proof of concept and validation

Prototype development

Product trials

Market entry and commercialisation

MAGIC’s Role

startup onboarding

Startup onboarding and screening

monitoring

Mentoring and application support

progress

Monitoring progress and outcomes

compliance

Compliance with scheme guidelines