NIDHI-Seed Support Program at AIC-RNTU Foundation
The NIDHI Seed Support Program (NIDHI-SSP) is a DST-promoted initiative that provides financial assistance to promising startups. The objective of this initial funding, provided by incubators such as AIC-RNTU Foundation, is to help startups progress and become eligible for private investments or commercial loans. The support is designed as a bridge between the development and commercialization of innovative technologies and products.
About this scheme
The NIDHI Seed Support Program (NIDHI-SSP) is a DST-promoted initiative that provides financial assistance to promising startups. The objective of this initial funding, provided by incubators such as AIC-RNTU Foundation, is to help startups progress and become eligible for private investments or commercial loans. The support is designed as a bridge between the development and commercialization of innovative technologies and products.
Who can apply
- The applicant startup must be a company registered in India with a DPIIT registration.
- The startup should have completed a minimum of 3 months in the incubator's resident or virtual program.
- The startup should have developed a clear Unique Selling Proposition (USP) through customer validation.
- The shareholding by Indian promoters in the incubated startup should be at least 51%.
- Indian citizens for this scheme include those holding Overseas Citizens of India (OCI) or Persons of Indian Origin (PIO).
- Preference will be given to startups that have not previously received funding from any Government of India or State Government body.
Ready to apply? Get the official link
Applications are submitted directly with AIC-RNTU Foundation, in your own name. Share a few details and we will point you to the official application portal and help you prepare a complete submission.
Here is the official application link
Apply in your own name with AIC-RNTU Foundation. Want a second pair of eyes before you submit? An IncorpX advisor can help you prepare.
Open the official applicationFrequently asked questions
How much funding does NIDHI-Seed Support Program at AIC-RNTU Foundation provide?
NIDHI-Seed Support Program at AIC-RNTU Foundation provides up to Rs. 50 lakh. The exact amount sanctioned depends on the proposal and the evaluation by the program authority.
Is NIDHI-Seed Support Program at AIC-RNTU Foundation currently accepting applications?
Applications currently closed. Always confirm the current window with the program authority before preparing your application.
Does NIDHI-Seed Support Program at AIC-RNTU Foundation take equity?
No. This program is listed as equity-free, which means the funding does not dilute your shareholding. Review the official terms for any debt or convertible components.
IncorpX is a private platform operated by a private company. It is not a government department, agency or official portal, and it is not affiliated with, endorsed by, or acting on behalf of any government body or of any organisation, incubator, accelerator, investor or partner listed in this directory. All program names, logos and trademarks are the property of their respective owners and are used for identification only.
This directory is compiled from publicly available official sources and is provided for general information only. It does not constitute legal, financial, tax or professional advice. Funding amounts, eligibility criteria, required documents, deadlines and availability are determined by each program authority and change with every cycle, so the details shown here may be incomplete or out of date. Always confirm the current terms on the official program source before you apply or take any decision.
IncorpX charges no fee for the information in this directory and does not collect, process, lodge or submit any application on your behalf. Applications are made by you, in your own name, directly with the respective program authority. IncorpX provides assistance only for application preparation and for related registrations such as company incorporation, DPIIT recognition, MSME (Udyam) and GST. Eligibility, approval, disbursement and selection rest solely with the respective program authority, and IncorpX makes no representation or guarantee as to any outcome.
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