IN-SPACe Seed Fund Scheme

What it is

Provide early-stage support for research and development of novel space-sector technologies and help eligible non-government entities move toward demonstration and commercialization.

What you get

• IN-SPACe milestone-based seed grant up to INR 1 crore

Who it is for

• applicant must be an eligible startup or micro/small enterprise under the controlling IN-SPACe call
• technology must be core to the product or service and relevant to the commercial space sector
• Indian shareholding by employees, promoters and angel investors must meet the stated minimum of 80 percent, subject to the controlling document
• promoters and angel investors must have invested at least the requested grant amount at application time
• the startup must not have received more than INR 50 lakh of monetary support under other Central or State Government schemes, subject to stated exclusions
• project must be suitable for milestone-based research, development, testing, validation or demonstration
• applicant must comply with any additional criteria stated by IN-SPACe and the current announcement

Not eligible if

• a results page or historical announcement does not prove that a new application window is open
• the INR 1 crore ceiling is not an automatic award and the Experts Committee decides the exact amount and instalments
• venture-capital investment may be permitted but does not remove the other ownership, funding-round or scheme conditions
• prize money, subsidized workspace, lab access and prototype-facility access must be treated only as the specific exclusions stated in the controlling document
• unverified space activity, ownership, milestone or commercialization claims cannot be used to recommend eligibility

How to apply

1. 1
   Verify the current IN-SPACe call

   Check the official IN-SPACe announcements/results route for a current call, closing date, operative document and application route before treating the record as actionable.

   Official step
2. 2
   Classify the applicant and space scope

   Confirm startup or micro/small enterprise status, core space-technology relevance, Indian shareholding and any current additional criteria.

   Official step
3. 3
   Prepare ownership, funding and project evidence

   Assemble the cap table, promoter/angel investment, prior-government-support declaration, technical dossier, milestones, budget, commercialization plan and IP position.

   Official step
4. 4
   Submit and manage milestone reporting

   Apply through the current notified IN-SPACe route if open, then retain the agreement, milestone evidence, accounts, utilization certificates, audit records and final report.

   Official step

Keep ready