Startup India Seed Fund Scheme 2024: Apply Online, Check Eligibility and Amount
The Department for Promotion of Industry and Internal Trade ((DPIIT) has begin the Startup India Seed Fund Scheme 2024
To give capital assets to every one of the new companies in India and urge the residents to begin their organizations the Govt of India has start the Startup India Seed Asset Scheme 2024. Under this Scheme, the Govt of Indiawill give monetary help of up to INR 50 lakh to the chose business. Every one of the candidates who clear the qualification standards should visit the authority site and finish up the application structure to profit the advantages of the Startup India Seed Asset Scheme 2024.
Startup India Seed Asset Scheme
Startup India Seed Asset Scheme
What is the Startup India Seed Asset Scheme 2024?
Every one of the new businesses in India who are attempting to develop can now get monetary help and different advantages from the Govt of Indiaunder the new Startup India Seed Asset Scheme 2024. This Scheme will empower the new businesses to graduate to a level where they will actually want to raise speculations from private backers or investors or look for credits from business banks or monetary foundations. The principal point of sending off this Scheme is to build the quantity of organizations in India and give work valuable open doors to jobless residents.
Supportive Summary of Startup India Seed Asset Scheme
Name of the scheme Startup India Seed Asset Scheme
Sent off by Government of India
Objective Provide Money
Official website Startup India Seed Fund Portal
Beneficiaries Startups in India
Startup India Seed Asset Scheme Sum
Up to INR 20 Lakhs as an award for approval of Confirmation of Idea, model turn of events, or item preliminaries. The award will be dispensed in achievement based portions. These achievements can be connected with the improvement of models, item testing, fabricating an item prepared for market send off, and so on.
Up to INR 50 Lakhs of venture for market passage, commercialization, or increasing through convertible debentures or obligation or obligation connected instruments
The candidates can get monetary help under the Scheme as awards and obligation/convertible debentures each once according to the rules of the Scheme
Eligibility Rules
- A startup, , recognized by DPIIT, Started not more than 2 years ago at the time of application.
- The new companies should have a business thought to foster an item or a help with market fit, feasible commercialization, and extent of scaling.
- The new companies ought to involve innovation in their center item or administration, Scheme of action, dispersion model, or technique to take care of the issue being designated.
- Preference would be given to new businesses making creative arrangements in areas, for example, social effect, squander the executives, water the board, monetary consideration, schooling, agribusiness, food handling, biotechnology, medical care, energy, portability, guard, space, rail routes, oil and gas, materials, and so on.
- A startup shouldn’t have gotten more than INR 10 lakh of financial help under some any other Central or State Government scheme.
- This does exclude prize cash from rivalries and great difficulties, sponsored working space, pioneer month to month stipend, admittance to labs, or admittance to a prototyping office.
- Shareholding by Indian advertisers in the startup ought to be no less than 51% at the hour of utilization to the The incubators for the Scheme, according to the Organizations Act, 2013 and SEBI (ICDR) Guidelines, 2018.
Any startup won’t get seed support at least a couple of times each according to arrangements of para 8.1 (I) and 8.1 (ii) separately.
Advantages of the Startup India Seed Asset Scheme
With the assistance of monetary help under the Scheme, residents can begin their organizations without agonizing over money.
The candidates can likewise build their business and give work valuable open doors to different residents.
Monetary help of up to INR 50 lakh will be given to the chose startup under the Scheme.
Startup India Seed Asset Scheme (SISFS) means to give monetary help to new businesses to confirmation of idea, model turn of events, item preliminaries, market passage, and commercialization.
The candidates can simply visit the authority site and apply for the Scheme online at the solace of their homes.
Required Documents
- Aadhar Card
- Email ID
- Mobile Number
- Electricity bill
- Address Proof
- PAN Card
- Passport Size Photo’’
Selection Process of Incubators
- The incubators will be chosen in light of their freedom of qualification rules.
- The incubators should have a quality group with extraordinary information on Business and trade in India.
- The incubators should have a testing lab and Incredible foundation for all the test.
- The incubators will be chosen in light of the help given by the The incubators over the most recent three years.
- The tutoring gave to hatch over the most recent three years including the No. of tutors employed and normal mentoring hours designated per startup each month.
Selection of Startups
- The new companies will be chosen through an open, straightforward, and fair cycle, including, between alia.
- A web-based call for applications will be facilitated on a continuous premise on the Startup India portal
- Candidates can apply for seed assets to any three The incubators chose as dispensing accomplices for this Scheme arranged by their inclination
- All applications got will be shared online with separate The incubators for additional assessment
- The candidate might be approached to submit subtleties in the group profile, issue proclamation, item/administration outline, Scheme of action, client profile, market size, quantum of assets required, projected use Scheme for reserves, and so on.
Startup India Seed Asset Scheme Apply Online 2024 Startup India Seed Asset Scheme
Stage 1: Every one of the candidates who clear the qualification models should visit the Startup India Seed Fund Website and finish up the application structure for the Startup India Seed Asset Scheme.
Stage 2: When the candidate arrives at the landing page of the authority site the candidate should tap on the choice Apply now.
Stage 3: A login page will show up on your screen the candidate should tap on the choice make a record.
Stage 4: another page will show up on your screen the candidate should enter every one of the subtleties that are asked on the application structure including the name, email address, and versatile number.
Stage 5: Subsequent to entering every one of the subtleties cautiously the candidate should rapidly audit it and snap on the choice register.
Stage 6: Presently the candidate should return to the page and sign in utilizing their certifications.
Stage 7: another page will show up on your work area screen the candidate should tap on the choice apply.
Stage 8: The application structure will show up on your work area screen the candidate should enter every one of the subtleties on the application structure including the name of the business, the sort, and other significant data.
Stage 9: When the candidate enters all the data on the application structure the candidate should rapidly audit it and snap on the choice submit to finish their cycle.
Login for Startup India Seed Asset Scheme
Stage 1: Every one of the candidates who have effectively enlisted under the Startup India Seed Asset Scheme can now go to the authority site to sign in formally.
Stage 2: When the candidate arrives at the landing page of the authority site the candidate should tap on the choice login.
Stage 3: A spring up menu will show up on your work area screen the candidate should enter their username and secret word.
Stage 4: In the wake of entering every one of the subtleties cautiously the candidate should rapidly survey it and snap on the choice login to finish their cycle.
Contact Subtleties
Email Id:- email@seedfund.com
FAQs
Who Issue off the Startup India Seed Asset Scheme 2024?
The Department for Promotion of Industry and Internal Trade (DPIIT) sent off the Startup India Seed Asset Scheme 2024.
What is the monetary help to be given under the Startup India Seed Asset Scheme 2024?
Monetary help of up to INR 50 lakh will be given to the chose startup under the Startup India Seed Asset Scheme 2024.
What is the principal point of sending off the Startup India Seed Asset Scheme 2024?
The fundamental point of sending off the Scheme is to give monetary help to new businesses and urge them to arrive at new levels.