Overview

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

Focus Domains

Mentoring

Testing & Trials

Marketing

Product Development

Professional Consultancy

Manpower for operations

Eligibility

  • A fully Operational STEP/TBI with registered company in India with minimum of three months of residency at the Science & Technology Entrepreneurs Park/ Technology Business Incubator.
  • The share holding by Indian promoters in the incubate start up should be at least 51%.
  • Incubatee has to be an Indian start-up.

Offerings

Application Process

  • Step 1

    Website/Newspaper advertisements indicating availability of seed support in a particular Incubator organisations

  • Step 2

    Announcement for call for applications through Social Media posts

  • Step 3

    Shortlisting the applicants as per eligibility criteria

  • Step 4

    Decision by NIDHI-SSMC out of shortlisted applicants

  • Step 5

    The selection of the applicant for funding

Years Program Duration

Total Startups Supported

Program Started Year

Total 5 Startups

Acquafront Infrastructure

Private Limited

2019-20

Kanpur Flowercycling

Private Limited

2019-20

CDSpace Robotics

Private Limited

2020-21

Pingala AI

Private Limited

2019-20

MLIT-18 Technology

Private Limited

2020-21

NIDHI SSS Program

APPLICATIONS CLOSED

Frequently Asked Questions

List of documents required for submission after the program is selected?
  • a. Due diligence documents
  • b. The executed agreement
  • c. Documents as specified in the agreement
  • d. The cancelled cheque or bank statement for the purpose of money transfer
Does the applicant need to have a startup of their own to apply for the program?
  • 1. Incubatee should be a registered company in India
  • 2. Incubatee has to be an Indian start-up. This support is not meant for Indian Subsidiaries of MNCs/foreign companies. Persons holding

Overseas Citizens of India (OCI), Persons of Indian Origin (PIO) would be considered as Indian citizens for the purpose of this scheme.

Will the applicant receive any stipend?

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.

Does the applicant need to be virtually or physically incubated at SIIC, IIT Kanpur?

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.