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NIDHI program

 

Source: PIB

Context: The NIDHI Program, initiated by the Department of Science & Technology (DST) in 2016, aims to foster innovation and startup culture in India.

About NIDHI Programme:

Aspect Details
National Initiative For Developing And Harnessing Innovations (NIDHI) is an end-to-end plan for startups to double the number of incubators and startups in the duration of five years.
Nodal Department Department of Science & Technology (DST)
Launched in 2016
Objectives 1)     Promote S&T-based entrepreneurship and startup ecosystem across the country

2)     Nurture start-ups through scouting, supporting, and scaling innovations

Key Components of NIDHI ·        NIDHI-Entrepreneur in Residence (EIR): Inspires graduating students to pursue entrepreneurship through fellowships

·        NIDHI-Promotion and Acceleration of Young and Aspiring Technology Entrepreneurs (PRAYAS): Supports innovators and startups from Idea to Prototype stage

·        NIDHI-Inclusive-Technology Business Incubator (iTBI): Expands incubation programs to various geographies and genders

·        NIDHI-Technology Business Incubator (TBI): Supports and nurtures knowledge-driven innovative start-ups

·        NIDHI-Seed Support Program (SSP): Provides early-stage funding to promising start-ups

·        NIDHI-Center of Excellence (CoE): Creates a world-class facility to help startups go global

·        NIDHI-Accelerator: Accelerates startups through focused interventions