Get Seed Funding Online & Launch Your Startup
Take Your Startup to the Next Level
Ready to unleash your innovative business idea but need a funding boost? Secure the seed funding you need online with LegalShark! Our streamlined service connects you with investors across India and equips you with the tools to secure the capital that fuels growth.
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Who is Eligible for Seed Funding under SISFS?
- Young & Recognized: Your startup must be incorporated within the last 2 years and recognized by the Department for Promotion of Industry and Internal Trade (DPIIT).
- Problem-Solving Focus: Your business idea should address a real market need with a viable solution. The product or service should have potential for commercialization and scalability.
- Tech-Driven Approach: Your core product, service, business model, distribution model, or problem-solving methodology should leverage technology.
- Impactful Sectors: The SISFS prioritizes startups creating innovative solutions in sectors with significant social or economic impact. These include areas like social impact, waste management, water management, financial inclusion, education, agriculture, and more. [See full list on the SISFS website](link to SISFS website).
- Funding History: Your startup cannot have received more than Rs 10 lakh in monetary support from other central or state government schemes. However, this excludes prize money, subsidized workspaces, founder allowances, access to labs or prototyping facilities.
- Indian Ownership: At least 51% of your startup’s shares must be held by Indian promoters, complying with the Companies Act, 2013 and SEBI (ICDR) Regulations, 2018.
- Funding Flexibility: A startup can avail seed support once in the form of a grant and once in the form of debt/convertible debentures, following the SISFS guidelines.
Why Opt for Digital Seed Funding with LegalShark?
- Swift & Streamlined: Our online methodology simplifies the funding process, conserving your invaluable time and resources.
- Extensive Network: Tap into an expansive network of seed funding investors tailored to your startup, irrespective of your geographical location.
- Expert Counsel: Our veteran advisors offer bespoke strategies to enhance your online funding expedition.
- Transparent Rates: Our cost-effective services ensure maximum return on your investment in LegalShark.
- Comprehensive Online Assistance: Receive complete guidance, entirely online, from the comfort of your locale.
Our Digital Seed Funding Offerings:
- Strategic Pitch Deck Crafting: Develop a persuasive online pitch deck that captivates investors and highlights your startup’s potential.
- Investor Matching & Secure Portal: Access our protected online portal to connect with ideal seed funding partners aligned with your sector and vision, across the nation.
- Expert Negotiation Aid: Our team secures the most favorable funding terms on your behalf, guaranteeing a mutually beneficial outcome.
- Compliance & Regulatory Navigation: Confidently navigate legal and regulatory landscapes throughout the online funding process.
Benefits of LegalShark's Funding Service
- Local Expertise and Experience
- Affordable Pricing
- Fast and Reliable Service
- Customer Satisfaction
- Certified Attorny
Seed Funding FAQs
Seed funding is the initial round of financing that startups seek to get their business idea off the ground. It helps cover expenses like product development, marketing, and team building.
There are two main types of seed funding: grants and equity investments. Grants provide funding without expecting ownership in the company, while equity investors receive shares in exchange for their investment.
The SISFS is a government initiative that provides financial assistance to eligible early-stage startups in India.
Several criteria determine eligibility, including: * Startup recognized by DPIIT and incorporated within the last 2 years. * Focus on solving a market need with a viable, scalable product or service. * Utilization of technology in the core business model or problem-solving approach. * Operating in sectors with social or economic impact (e.g., social impact, education, agriculture). * Limited prior funding from government schemes (excluding prize money, subsidized workspaces). * At least 51% Indian ownership of the startup.
LegalShark can assist you in various ways: * Eligibility assessment for the SISFS program. * Crafting a compelling seed funding application. * Exploring alternative seed funding options beyond government programs. * Providing legal and regulatory guidance throughout the process.
Government Initiative Partnership
Stop Waiting, Start Growing!
Don’t let the lack of funding hold your innovative idea back. Get started with LegalShark’s online Seed Funding service today! Schedule your FREE Consultation and explore how our expert guidance can empower you to turn your vision into a thriving reality.