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SEED FUNDING

Intending to provide Seed funds to early-stage startups, SP-TBI creates a bridge for innovative technology-driven startups .The fund is a part of the National Initiative for Developing and Harnessing Innovations – Seed Support System (NIDHI-SSS) scheme of the Department of Science and Technology (DST), Government of India . NIDHI aims to nurture start-ups through scouting, supporting and scaling of innovations. It enables incubate startups with innovative ideas or technologies to graduate to a level where they will be able to raise investments from Venture capitalist or they will reach a position to seek loans from commercial banks or financial institutions.


ELIGIBILITY CONDITIONS FOR INCUBATE START UPS FOR SEED SUPPORT


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