SP
Department of Industries & Commerce, Government of Punjab

Seed Funding

Gives Punjab startups a seed grant up to INR 3 lakh via recognized incubators.

The seed grant runs up to INR 3 lakh per startup and is not paid directly — it is routed through State- or Centre-recognized incubators. The Startup India portal summarizes it as part of Punjab's wider incentive package, alongside a downloadable policy document, but gives no separate application form or deadline for this specific benefit.

This is one of the fiscal incentives under Punjab's Industrial & Business Development Policy, aimed at startups that need to validate an idea, build a prototype, or run initial field or market research, skill training, marketing and setup activities. It sits alongside sibling incentives for interest subsidy, lease rental subsidy and scale-up funding on the same state policy page.

CycleiHow often this grant runs - e.g. annually, on a rolling basis, or a one-off call.No fixed schedule
Next deadlineiThe next date applications are due. Rolling means you can apply any time.-
Decision timeiTypical time from the deadline to the funder's decision.-
Project durationiHow long the funded work is expected to run.-
Award typeiThe form of funding - grant, equity, loan, tax credit, etc.Grant
Match fundingiThe share of project costs you must cover yourself. 0% = fully funded.-
Funding pooliThe total budget available across all awards in this round.-

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