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 |
