The last date to send the proposal is July 31, 2023.
India DST invited proposals from suitable incubators for extending financial support to potential startups with promising ideas, innovations and technologies under NIDHI-SEED Support (SS) Program. The last date to send the proposals is July 31, 2023.
"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 timely availability of the seed support through incubators to the 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," reads the official statement.
Department of Science & Technology (DST) promots new areas of S&T in the country and connects S&T sector to different Government horizontals and verticals, academia, R&D and industry. DST provides the largest extramural research and development support in the country to strengthen national S&T capacity and capability through a competitive mode to scientists cutting across institutions and disciplines.
This strategically important function mutually reinforces outcomes of India’s educational, scientific and industrial R&D initiatives and helps transform the S&T landscape of the country. The DST supports and encourages the whole gamut of S&T ecosystem from seeding and capacity building in the cutting-edge research areas; translational research; technology development and deployment; innovation and startup ecosystem; and international collaborations. This is achieved by supporting students, scientists, researchers in academic and R&D institutions across the country through fellowships, R&D projects, S&T infrastructure and other supports.
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