NIDHI Seed Support Scheme (NIDHI SSS)

NIDHI Seed Support Scheme is to provide financial assistance to startups with promising ideas, innovations, and technologies. To ensure timely availability of the seed support to the deserving incubatee startups within SIIC, we want to enable them to take their venture to the next level and facilitate towards their success in the market place. This would enable some of these incubatee startups with innovative ideas/technologies to graduate to a level where they will be able to raise investments from angel investors/ venture capitalist or they will reach a position to seek loans from commercial banks /financial institutions.

Who can apply

  • Startup should be a registered company in India with minimum of three months of incubation with SIIC IIT Kanpur.
  • The share holding by Indian promoters in the incubate start up should be at least 51%.
  • Startup should have completed a prototype and must be ready with some potential customers.
Please make sure you have the following details ready before applying for NIDHI Seed Support Scheme: 

1. Required funding amount with the critical milestones.
2. Clearly identified target customers and how fast the market-segment is growing.
3. Stage of the technology/ product development with details of the reviews and opinions of subject-matter experts.
4. Regulatory and certification needs.
5. Detailed business plan with revenue model,  product roadmap, market segments, and team etc.

What can you get: Milestone based equity / debt funding upto INR 50 Lakhs.

Program Application Guidelines

Program Partners :

Innovations Supported :

Funding support:

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