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Startup India Seed Fund Scheme

Seed Fund money in Gujarat

DPIIT approved Rs 56.0 crore to 16 incubators here, which is 7.4% of the national pot of Rs 755.3 crore. Rs 38.3 crore of it has actually been disbursed.

Approved

Rs 56.0cr

Disbursed

Rs 38.3cr

68% of approved

Incubators

16

Share of the national pot

56

of 755 (7%)

crore approved, against the whole scheme

Rs 38.3 cr disbursed Rs 17.7 cr approved and not yet drawn

The ledger

Every approved incubator in Gujarat, largest allocation first. Track length is the approved amount against the largest allocation in the state; the filled portion is what has actually been disbursed. An incubator's name is a link only where we hold a published record for it.

Gujarat Foundation for Entrepreneurial Excellence Ahmedabad
Rs 5.0 cr
CIIE.CO Ahmedabad
Rs 5.0 cr
Ahmedabad University Support Foundation (VentureStudio) Ahmedabad
Rs 5.0 cr
Gujarat Student Startup and Innovation Hub (i-Hub) Ahmedabad
Rs 5.0 cr
AIC GUSEC Foundation Ahmedabad
Rs 5.0 cr
ANTRAPRENEUR -THE BUSINESS INCUBATOR , A UNIT OF L J KNOWLEDGE FOUNDATION Ahmedabad
Rs 4.0 cr
GTU Innovation and Start-up Center Ahmedabad
Rs 3.0 cr
Rs 3.0 cr
Karnavati Innovation Incubation Foundation (KIIF) Gandhinagar
Rs 3.0 cr
AIC-GISC FOUNDATION (Atal Incubation Center - GISC Foundation) Ahmedabad
Rs 2.0 cr
Savli Technology & Business Incubator (STBI) Vadodara
Rs 2.0 cr
National Design Business Incubator Ahmedabad
Rs 2.0 cr
K S Patel Centre for Entrepreneurship, RK University Rajkot
Rs 2.0 cr
ISEED Anand
Rs 2.0 cr

The register this money sits in

Gujarat has 35,139 companies on the Startup India register across 87 district labels, of which 20,421 carry DPIIT recognition. That works out at Rs 15,937 of approved Seed Fund money per registered company, though the scheme funds incubators rather than the register at large, and only a small number of companies ever receive any of it.

Startups in Gujarat

A note on the source's own arithmetic

The scheme reports Rs 40.2 crore as disbursed to startups in Gujarat, which is more than the Rs 38.3 crore it reports as disbursed to the incubators in the first place. The first and second application blocks overlap in the government's data, so the two figures are not directly comparable. We publish the inconsistency rather than quietly averaging it away, and we treat the approved figure as the reliable one.

Registration is not an operating signal. A large share of registered startups are dormant, and we have no way to tell you which. How we counted.

Seed Fund in other states