<h1>Startup India Seed Fund Scheme Boosts Innovation with Rs. 477.25 Crore Allocation to 133 Incubators by December 2022.</h1> The Startup India Seed Fund Scheme (SISFS) has allocated Rs. 477.25 crore to 133 incubators, disbursing Rs. 211.63 crore by December 2022. Launched in April 2021, SISFS aims to support startups through a Rs. 945 crore corpus over four years. An Experts Advisory Committee oversees fund allocation. The initiative encourages innovation and private investment, complemented by other schemes like Fund of Funds for Startups and Credit Guarantee Scheme for Startups. Regulatory reforms across various sectors have been implemented to enhance the startup ecosystem, including tax incentives, investment opportunities, and streamlined business processes.