Grant
DST NIDHI Ignition Grant
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About
The DST NIDHI Ignition Grant is a funding initiative by the Department of Science and Technology in India, aimed at supporting early-stage technology startups and individual innovators with grants ranging from 200,000 to 1,000,000 INR, along with technical mentoring and resources to help transition their technology concepts into commercial products within 12-14 months.
Benefits
- π°Funding SupportFunding range from 200,000 to 1,000,000 INR
- π§Technical MentoringProvides technical mentoring to aid development
- π’Lab FacilitiesAccess to lab facilities for prototype development
- πNetworking OpportunitiesFacilitates networking with industry experts
- πRegulatory SupportOffers assistance with regulatory compliance
Eligibility Criteria
- Applicants must be early-stage startups or individual innovators
- Companies must be less than two years old
- Annual turnover must be below 25 million INR
- Projects must be technology or science-based prototypes or products
- Applicants must have relevant technical background
- Applicants must own intellectual property
Participation Commitments
- N/A
Target Region
India
Target Sector
Technology
Department of Science and Technology, DST, KITβs Innovation & Research Foundation