National Initiative for Developing and Harnessing Innovations (NIDHI) is an umbrella programme conceived and developed by the Innovation & Entrepreneurship division,Department of Science & Technology, Government of India, for nurturing ideas and innovations (knowledge-based and technology-driven) into successful startups. The programme would work in line with the national priorities and goals and its focus would beto build an innovation driven entrepreneurial ecosystem with an objective of socioeconomic development through wealth and job creation.NIDHI aims to nurture start-ups through scouting, supporting and scaling of innovations.The key stakeholders of NIDHI include various departments and ministries of the central government, state governments, academic and R & D institutions, mentors, financial institutions, angel investors, venture capitalists and private sectors. NIDHI is developed keeping in line the new national aspirations and on the basis of DST’s experience of three decades, in promoting innovative start-ups.
While NSTEDB is the funding agency, the NIDHI programmes are implemented through Technology Business Incubators (TBIs) available around the country.
All the NIDHI-Startup Funds will be disbursed to eligible startups only through eligible NSTEDB linked incubators across India
For more detailed information: https://www.nstedb.com