Applications invited from eligible start-ups for business incubation and possible funding under Department of Science and Technology, Govt. of India,
National Initiative for Developing and Harnessing Innovations (NIDHI) schemes.
National Initiative for Developing and Harnessing Innovations (NIDHI) is an umbrella programme conceived and developed by the National Science & Technology Entrepreneurship Development Board (NSTEDB) of Department of Science & Technology (DST), Government of India (GOI), for nurturing ideas and innovations (knowledge-based and technology-driven) into successful startups through series of interventions and initiatives. The programme 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 national development through wealth and job creation.
This umbrella programme NIDHI would aim to nurture start-ups through scouting, supporting and scaling of innovations. The various departments and ministries of the central government, state governments, academic and R & D institutions, financial institutions, angel investors, venture capitalist, mentors, and private sector would be the key stakeholders of NIDHI. NIDHI is developed on the basis of DST’s rich and varied experience in promoting innovative start-ups spanning over a period of three decades and by aligning with the new national aspirations.