NIDHI Programme

Brief

National Initiative for Developing and Harnessing Innovations (NIDHI) is an umbrella program conceived and developed by the Innovation & Entrepreneurship division, Department of Science & Technology, Government of India, for nurturing ideas and innovations (knowledge-based and technology-driven) into successful startups. The program would work in line with the national priorities and goals and its focus would be to build an innovation-driven entrepreneurial ecosystem with an objective of socioeconomic development through wealth and job creation. NIDHI aims to nurture start-ups through scouting, supporting, and scaling innovations. The key components of NIDHI are –

1. NIDHI-GCC - Grand Challenges and Competitions for scouting innovations

2. NIDHI-PRomotion and Acceleration of Young and Aspiring technology entrepreneurs (NIDHI-PRAYAS) - Support from Idea to Prototype

3. NIDHI-Entrepreneur In Residence (NIDHI-EIR) - Support system to reduce risk

4. NIDHI-Technology Business Incubator (TBI) - Converting Innovations to start-ups

5. NIDHI-Accelerator - Fast tracking a start-up through focused intervention

6. NIDHI-Seed Support System (NIDHI-SSS)- Providing early stage investment

7. NIDHI Centres of Excellence (NIDHI-CoE) - A World-class facility to help startups go global.

Eligibility

• All the NIDHI-Startup Funds will be disbursed to eligible startups only through eligible NSTEDB linked incubators across India
• For more detailed information: https://www.nstedb.com

Fund / quantum

• Avg. Seed Fund Amount for Startups is Rs. 25 Lakhs which goes Upto 100 Lakhs per startup

Tenure

• Active

Benefit tags

• Funding

Notes

• The basic idea of seed support is to provide financial assistance to the incubators registered as not-for Profit entities approved or funded by the Department of Science and Technology (DST) or any other central or state government to support potential startups with promising ideas, innovations, and technologies. The key objective of the NIDHI- SEED SUPPORT (SS) PROGRAM is to ensure the timely availability of seed support through incubators to deserving startups within an incubator, thereby enabling them to take their venture to the next level and facilitate their success in the marketplace. The scheme also enables the incubators to widen their pipeline of startups and also share the success of their startups which would also result in ensuring their long-term operational sustainability.

• Guidance from experienced, innovative and highly successful entrepreneurs on the business concept, strategy or venture, and insight into specific industries or markets.
• Best practices for starting a business and broadening the professional network.
• Co-working spaces for developing the idea into a marketable product.

• All the NIDHI-Startup Funds will be disbursed to eligible startups only through eligible NSTEDB linked incubators across India

• For more detailed information: https://www.nstedb.com

• Avg. Seed Fund Amount for Startups is Rs. 25 Lakhs which goes Upto 100 Lakhs per startup

• Active

Online / portal

Official application / information link: https://dst.gov.in/callforproposals/ssp-call-proposals-under-nidhi-programme

Source listing: https://www.startupindia.gov.in/content/sih/en/government-schemes.html