New Delhi, Feb. 2 -- The Central Government has approved the 'Startup India Seed Fund Scheme (SISFS)' to provide financial assistance to startups for proof of concept, prototype development, product trials, market entry and commercialization. SISFS shall provide financial assistance to startups via a corpus of Rs. 945 Crore that will be disbursed through selected incubators across India in 2021-25. All details for the Startup India Seed Fund Scheme will be available on the Startup India Portal.

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PM Narendra Modi interacted with startups and addressed 'Prarambh: Startup India International Summit' on January 16. In the event, that marked 5th anniversary of StartUp India, he announced a 1000 crore Startup India seed fund. He s...