Startup India Seed Fund Scheme (SISFS) has been approved for the period of next four years starting from 2021-22. It will be implemented with effect from 1st April 2021.
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It will be implemented with effect from 1st April 2021.
The Scheme aims to provide financial assistance to startups for proof of concept, prototype development, product trials, market entry and commercialization.
945 Crore corpus will be divided over the next 4 years for providing seed funding to eligible startups through eligible incubators across India.
The scheme is expected to support about 3600 startups.
