ATAL INCUBATION CENTRE
CENTRAL COFFEE RESEARCH INSTITUTE

Startup India
Seed Fund Scheme

Financial assistance to startups for proof of concept, prototype development, product trials, market entry, and commercialization

APPLY NOW

Seed Fund

Artboard-1-2

STARTUP INDIA SEED FUND SCHEME

AIC-CCRI was awarded the Startup India Seed Fund Scheme (SISFS), a flagship funding program by Startup India, Govt. of India to provide capital assistance to early-stage startups.  This grant enables AIC-CCRI to provide financial assistance to startups for proof of concept, prototype development, product trials, market entry, and commercialization for life sciences startups.



SISFS

SISFS aims to provide financial assistance to start-ups for proof of concept, prototype development, product trials, market entry and commercialization.

This would enable these start-ups to graduate to a level where they will be able to raise investments from angel investors or venture capitalists, or seek loans from commercial banks or financial institutions.



Eligibility Criteria for Startups:

  1. A startup, recognized by DPIIT, incorporated not more than 2 years ago at the time of application
  2.  Startup must have a business idea to develop a product or a service with market fit, viable commercialization, and scope of scaling
  3.  Startup should be using technology in its core product or service, or business model, or distribution model, or methodology to solve the problem being targeted

  4.  Preference would be given to startups creating innovative solutions in Coffee, Spices & Agriculture sectors.

  5. Startup should not have received more than Rs 10 lakh of monetary support under any other Central or State Government scheme. This does not include prize money from competitions and grand challenges, subsidized working space, founder monthly allowance, access to labs, or access to prototyping facility

  6. Shareholding by Indian promoters in the startup should be at least 51% at the time of application to incubator for the scheme, as per Companies Act, 2013 and SEBI (ICDR) Regulations, 2018

Funding for

 

 

Validation of Proof of Concept

or prototype development

or product trials

Market Entry

Commercialization, 

or Scaling up

 

 

Useful Links

NITI Aayog

Atal Innovation Mission 

Ministry of Commerce & Industries 

 
Coffee Board of India

Startup India

BIRAC

 
RKVY-RAFTAAR

International Coffee Organization

Downloads

 
Startup Resources

 

AIC-CCRI-CED

Copyright Ⓒ 2022 All rights Resereved

Atal Incubation Center
Central Coffee Research Institute
Center for Entrepreneurship Development

Mr. Praveen H J, CEO, AIC-CCRI-CED

Email: ceo@aicccriced.in, atalincubationofccri@gmail.com
,
Off: 080-22266910, +91-7892338373

AIC-CCRI-CED, First Floor, Coffee Board Head office,

Dr. B.R Ambedkar Veedhi, Bengaluru – 560001, Karnataka