Contact Us

What is the Startup Support Fund?

The Startup Support Fund is a key initiative by the Government of India aimed at promoting and nurturing innovative startups across the country. It provides financial assistance, mentorship, and other essential resources to early-stage startups, helping them to scale up their operations and thrive in a competitive market. This scheme plays a vital role in fostering entrepreneurship and creating a strong startup ecosystem in India.

Funding Limit
The Seed Support Scheme provides financial assistance ranging from ₹25 lakhs to ₹1 crore per startup, depending on the stage and requirements of the business. Funding may be provided through equity, debt, or a combination of both.

Benefits

Financial Grants

Mentorship Support

Incubation Facilities

Market Linkages and Networking

Regulatory Guidance

Benefits of the Startup Support Fund

  • Financial Grants
    Startups can receive non-dilutive grants or equity-based funding depending on the scheme to help cover operational costs, R&D, and product development.
  • Mentorship Support
    Startups get access to industry experts, business mentors, and workshops to improve their business strategy, market positioning, and scaling techniques.
  • Incubation Facilities
    Access to incubation centers providing office space, labs, technology support, and networking opportunities.
  • Market Linkages and Networking
    Support to connect startups with potential customers, investors, and government procurement channels.
  • Regulatory Guidance
    Assistance in legal, regulatory, and compliance-related matters, enabling startups to focus on growth and innovation.

Eligibility Criteria

  • Registered Startups: Must be a recognized startup under the Startup India program.
  • Innovative Product or Service: The startup should be working on innovative products/services with potential for high growth and scalability.
  • Age of Startup: Generally, startups up to 7 years from the date of incorporation are eligible.
  • Funding Limits: Support depends on the stage of the startup and the type of assistance, ranging from seed grants to scale-up support.

Benefits of the Startup Support Fund

  • Encourage Innovation: Support startups developing innovative products and solutions.
  • Financial Assistance: Provide grants and funding to reduce early-stage financial constraints.
  • Mentorship and Guidance: Offer expert guidance, business mentoring, and capacity-building programs.
  • Market Access Support: Help startups access markets and expand their customer base.
  • Infrastructure Support: Facilitate incubation centers, research & development labs, and common facilities.

Types of Support Available

  1. Seed Funding
    Initial capital for proof of concept, prototype development, or early product testing.
  2. Growth Stage Funding
    Financial assistance for market expansion, product scaling, or business development.
  3. Capacity Building & Training
    Workshops and training sessions on business management, marketing, product development, and technology adoption.
  4. Incubation Support
    Access to incubators and co-working spaces to help early-stage startups minimize operational costs.
  5. Market Access Programs
    Platforms and programs to help startups showcase their products, connect with buyers, and participate in exhibitions or trade fairs.

Connect with an expert

RKVY- RAFTAAR
NAIFF
MSME Design
  • GROW WITH US

Connect with an expert