SIDBI Fund of Funds for Startups (FFS)
Government of India
SIDBI Fund of Funds for Startups (FFS)
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SIDBI Fund of Funds for Startups is a ₹10,000 crore corpus fund that provides funding to SEBI registered Venture Capital Funds which in turn invest in startups. It aims to strengthen the startup ecosystem by catalyzing more capital for innovative ventures.
Key Features
₹10,000 Crore Corpus
Large fund to support startup ecosystem through VC funds
Catalytic Role
Attracts co-investment from other investors, multiplying impact
SEBI Registered VCs
Invests only in SEBI registered Alternative Investment Funds (Category I & II)
Sector Agnostic
Supports startups across various sectors and stages
Financial Assistance
| Component | Assistance | Details |
|---|---|---|
| Fund Investment | Through SEBI registered VC funds | FFS invests in VC fund which then invests in startups |
| Startup Ticket Size | As per VC fund's investment policy | Typically ₹25 lakh to ₹50 crore depending on startup stage |
| Stage Focus | Seed to growth stage | Early-stage startups with innovative business models |
| Co-investment | Attracts additional capital | For every ₹1 from FFS, ₹3-4 comes from other investors |
Eligibility Criteria
Who Can Apply
Eligible Candidates
- 1Innovative startups with scalable business models
- 2Startups recognized under Startup India initiative
- 3Technology-driven or innovation-focused ventures
- 4Startups at seed, early, or growth stage
Who Cannot Apply
Ineligible Candidates
- Traditional businesses without innovation
- Startups in restricted sectors
- Non-scalable business models
- Startups older than 10 years
Documents Required
Startup recognition certificate (DPIIT)
Mandatory
Detailed business plan and pitch deck
Mandatory
Financial projections and cap table
Mandatory
Team profiles and backgrounds
Mandatory
Product/service demonstration
Mandatory
Market size and competitive analysis
Mandatory
How to Apply
Bank Branch
- 1FFS invests in SEBI registered VC funds
- 2VC funds scout for promising startups
- 3Startup pitches to VC fund's investment committee
- 4VC conducts due diligence
- 5Investment committee approves funding
- 6Capital deployed in tranches based on milestones