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Startup India Seed Fund Scheme (SISFS) – Debt / convertible

DPIIT, Ministry of Commerce and Industry, via selected incubators · Central scheme · Debt

Up to ₹50 lakh
Debt, convertible debentures or debt-linked instruments for market entry and scaling; repayable
ClosedClosed · next call expected

Summary

Startup India Seed Fund Scheme (SISFS) – Debt / convertible is a debt from DPIIT, Ministry of Commerce and Industry, via selected incubators. Any Indian state. If you meet the basic rules, you can apply; the committee decides.

Eligibility

Where	Any Indian state.
Entity types	pvt_ltd, llp, partnership
Must be incorporated	Yes
Company age	Under 2 years
Stages	prototype, revenue
Sectors	any
DPIIT recognition	Required
Indian shareholding	51%+
Prior govt support cap	₹10 lakh

Who it's for

DPIIT recognition
Incorporated less than 2 years ago
Ready for market entry or scaling

Who it's not for

Already availed SISFS debt once

A co-founder living in another city never disqualifies a company-based scheme.

Documents

DPIIT recognition
Incorporated less than 2 years ago
Ready for market entry or scaling

How to apply

Check the rules on the official page.
Apply online on the SISFS portal.
Follow the selection steps on the official page.

Deadline

Last call closed 2026-05-31.

Combinations

The SISFS grant and SISFS debt can each be taken once.

Official page ↗ Check my match

Related schemes

Credit Guarantee Scheme for Startups (CGSS) — Guarantee cover on loans up to ₹20 crore
BIRAC Biotechnology Ignition Grant (BIG) — Up to ₹50 lakh
NIDHI-PRAYAS 2.0 (prototype grant) — Up to ₹20 lakh (₹40 lakh at Advance PRAYAS Centres)
Startup India Seed Fund Scheme (SISFS) – Grant — Up to ₹20 lakh

Last verified 2026-10-29