DST LAUNCHES RS 100 CRORE PROGRAMME TO SUPPORT STARTUPS

 

The Department of Science and Technology has launched a Rs 100-crore programme to support startups. The programme, called National Initiative for Developing and Harnessing Innovations (NIDHI), is aimed at helping startups across the country in terms of both funding and incubation support.

A number of schemes will be taken up under NIDHI, including NIDHI Prayas, which is focused on addressing the gap between idea and prototype funding. Under this scheme, the department plans to set up 10 Prayas centres across incubation centres supported by it.

The other schemes include NIDHI Seed Support System for funding early-stage startups and NIDHI Centres of Excellence, which will help startups go global.

Source : https://www.sidbistartupmitra.in/

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