NIDHI-Accelerator - Fast tracking a start-up through focused intervention

Posted 01/04/2023

Description	National Science and Technology Entrepreneurship Development Board (NSTEDB) of the Department of Science and Technology (DST), Govt. of India is supporting Technology Business Incubators primarily in and around academic, technical and management institutions to tap innovations and technologies for venture creation by utilizing expertise and infrastructure already available with the host institution. Accelerator is a typically a 3-6 months’ fast track structured program helping ideas get accelerated to the next orbit. An accelerator aims at achieving one or more of the following objectives - introduction to entrepreneurial development to identify business opportunities (real problems that require real solutions), validate product ideas, engage with potential customers, build a scalable business model, build a product demonstration, manage team dynamics and pitch to investors. The Accelerators can be used to boost the Incubator’s existing activities to build attractive high quality startups, and have a customer centric validation model which enhances investment readiness as well as worthiness.
Provider Type Central Govt / State Govt / Private Sector	Central government
Provider Name	Department of science and technology
Amount	1.50 crores
Grant Conditions & Qualifying Criteria	The proposal for running an Accelerator Program may be submitted by a TBI having NSTEDB recognition and experience of running at least one program of national / regional scale of promoting entrepreneurship (including accelerator or entrepreneur development program).
Focus Sector (Healthcare, Defense, Agriculture, etc.)
Provider Contact Email	NA
Provider Website URL	https://www.indiascienceandtechnology.gov.in/funding-opportunities/startups/nidhi-accelerator-fast-tracking-start-through-focused-intervention
Type of funding (Grant, Loan or Equity)	NA
Process	NA
Tips for Winning	NA
Provider Indian State	NA
Provider Contact Address
Is Active	"Yes"
Other Details