NIDHI - Science & Technology Entrepreneurs Parks and Technology Business Incubators (STEP/TBIS) are institutional linked facilities promoted by the Department of Science and Technology (DST) to nurture innovative and technological led new ventures during the initial and critical period i.e. the start-up phase. The sole objective of the NIDHI-SSS is to ensure timely availability of the seed support to the deserving incubatee startups within an incubator , thereby enabling them to take their venture to next level and facilitate towards their success in the market place.APPLICATIONS CLOSED
Overseas Citizens of India (OCI), Persons of Indian Origin (PIO) would be considered as Indian citizens for the purpose of this scheme.
No, the applicants will not receive any stipend. The Seed Support size for the startups shall be capped at Rs 100 lakhs per startup (Rs. 100 Lakhs considered only in exceptional cases). The maximum financial support to be made available to an incubator would be Rs.1000 lakhs to be released in a few phases as per the need, capacity and capabilities of the Incubator in accordance with a proper process.
The incubation can be both virtual or physical. Yes, the start-up has to be in existence and has to be incubated for a period of 3 months at FIRST to qualify under this program.