<h1>Indian Startup Scheme Funds 1,740 Startups with Rs 306.43 Crore via 198 Incubators; Total Scheme Funding Reaches Rs 802.98 Crore.</h1> The Startup India Seed Fund Scheme (SISFS) offers financial support to startups for activities like proof of concept, prototype development, product trials, market entry, and commercialization. As of December 31, 2023, 198 incubators have been selected with approved funding of Rs 802.98 crore. These incubators have shortlisted 1,740 startups, receiving a total funding of Rs 306.43 crore. The scheme, operational since April 1, 2021, does not provide direct financial assistance to states or union territories. The details were shared by the Union Minister of State for Commerce and Industry in a written reply to the Rajya Sabha.