Startup India Seed Fund Scheme

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The scheme aims to bridge the funding gap for startups at the idea and validation stage, and help them graduate to attract angel investors, venture capitalists, or bank loans.

Here are some of the key features of the scheme:

• Funding: Up to INR 20 lakh per startup
• Eligibility: Startups incorporated in India with a valid startup recognition number
• Application: Through incubators empaneled with the Department for Promotion of Industry and Internal Trade (DPIIT)
• Disbursement: In milestones-based installments

The Startup India Seed Fund Scheme is an important part of the Indian government's efforts to promote entrepreneurship and innovation. The scheme has the potential to help create thousands of new jobs and businesses in India.