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The Seed Fund Scheme supports early-stage startups by providing crucial financial assistance for prototype development, product testing, and initial market launch. It helps bridge the funding gap that new entrepreneurs face during validation and growth. SKMC Global assists startups with eligibility checks, documentation, DPIIT recognition, application filing, pitch preparation, and end-to-end guidance to increase approval chances and ensure smooth compliance after funding.
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SEED FUND SCHEME The Seed Fund Scheme provides early-stage financial support to startups for developing prototypes, product trials, and initial market entry. It helps new entrepreneurs overcome funding gaps at the ideation and validation stage. The scheme boosts innovation by enabling startups to build, test, and launch their first viable product. ELIGIBILITY FOR SISFS AND POST-FUNDING COMPLIANCES Incorporation Age: The startup must be less than two years old on the date of application. This ensures only early-stage ventures receive seed support. Previous Funding Limit: The startup should not have received more than ₹10 lakh from any Central/State scheme (except prize money). This maintains fairness in government-based seed funding. Core Requirement: The startup must present a commercially viable, scalable idea, preferably tech-driven. The scheme focuses on innovation with strong growth potential. Indian Holding: At least 51% of the company’s equity must be held by Indian founders. This ensures Indian ownership and control of supported startups. info@skmcglobal.com +91 989-125-5499 www.skmcglobal.com
