Source: PIB
Context: Union Minister Dr Jitendra Singh emphasized that women-led startups will place India on the global stage in the future. He inaugurated 8 new NIDHI i-TBIs across India and launched the DST-GDC IIT Madras INCUBATE Program for deep tech startups.
About NIDHI:
- Established: in 2016 by the Department of Science & Technology (DST).
- Objective: Transform ideas and innovations into successful startups.
- Funding: Managed by the National Science & Technology Entrepreneurship Development Board (NSTEDB) under DST.
- Implementation: Funds are distributed through NSTEDB-associated incubators across India.
- Key Component: NIDHI-iTBI (Inclusive-TBI) focuses on converting innovations into startups.
