Funding Scheme

Funding Scheme

About SISFS Scheme


Startup India Seed Fund Scheme (SISFS) aims to provide financial assistance to startups for proof of concept, prototype development, product trials, market entry and commercialization. This would enable these startups to graduate to a level where they will be able to raise investments from angel investors or venture capitalists or seek loans from commercial banks or financial institutions.


To know more about Seed Fund scheme & Apply here

IGNITE INNOVATOR GRANT


ABOUT THE PROGRAM

The Inclusive ignite program is a tailored program dedicated to fostering the growth of early-stage wearable technology, assistive technology, IoT, and robotics startups. This program offers a dynamic platform for entrepreneurs to refine their ideas, gain access to resources, and accelerate their ventures in the sectors mentioned above. This is a significant program that aims to catalyze innovation, foster sustainable practices, and propel early-stage startups to success. This program is a dynamic platform that offers a nurturing environment for entrepreneurs to grow their ventures in the evolving technological innovation landscape. NSTEDB, Department of Science and Technology, Government of India, is supporting this program through the NIDHI - ITBI Scheme.


WHO SHOULD APPLY:

  • IoT-based early-stage startup
  • Creative solutions for major problems in wearable and assistive technology.
  • Excellent founding team with pertinent experience.
  • A well-defined business plan with room for expansion
  • Individuals innovators and startups (under two years old)

Advantage of the Program

  • Awards ranging from 2 lakhs to 10 lakhs
  • Real-time pilot trials and demonstration
  • Tailored Mentoring
  • Enhancement of Business Model.
  • Product/Technology Improvisation
  • Connections with investors and customers; access to lab and physical incubator space.
  • Investoes Network accessibility.

PROGRAM EXPERIENCE

  • This program is to transform a high-impact idea into a workable, successful business plan.
  • Recognize the revenue streams.
  • Product market fit and Identification of customer segments.
  • Establish close ties with other startups.
  • Has many connections with subject matter experts.
  • Test your product in the real time.

Apply for Incubation
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