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<h1>Government's Startup India Seed Fund Scheme Supports 656 Startups with Rs. 945 Crore Budget as of November 2022.</h1> The Startup India Seed Fund Scheme (SISFS), effective from April 1, 2021, with a budget of Rs. 945 crores, aims to financially support startups for concept validation, prototype development, product trials, market entry, and commercialization. An Experts Advisory Committee oversees the scheme, selecting incubators that then choose startups based on specific criteria. As of November 30, 2022, 126 incubators have been approved, supporting 656 startups. This information was disclosed by a government official in response to a parliamentary inquiry.
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