Got a killer startup idea but stuck at the "how do I fund this?" stage? The Startup India Seed Fund Scheme (SISFS) might be your launchpad.

Rolled out on April 19, 2021, with a budget of ₹945 crore, this government initiative is all about helping early-stage startups get from concept to market.

Here's what you need to know:

If your startup is less than 2 years old, DPIIT-recognized, and has an innovative idea with real market potential, you’re eligible. The scheme offers:

1. Up to ₹20 lakhs as a grant for things like proof of concept, prototyping, and product trials.

2. Up to ₹50 lakhs in funding (via convertible debentures or debt instruments) for market entry and scaling.

Funding is channeled through selected incubators (they get up to ₹5 crore) that support you without needing you to be physically present—perfect for remote or tier-2/3 founders.

The scheme is sector-agnostic, but ideas in health, biotech, waste management, and social impact get extra love.

Best part? Applications are open year-round, so you don't have to wait for the stars to align.

If you've got the hustle, SISFS could be your first big break.