Intending to provide Seed funds to Prototype and, Early-stage startups; SP-TBI has created 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 innovations. It enables incubatee startups with innovative ideas or technologies to graduate to a level where they will be able to raise investments from Venture capitalists or they will reach a position to seek loans from commercial banks or financial institutions.
The seed support incubation programme provides funding up to INR 25 Lacs. The funding will be provided for the following areas :
Eatabl creates personalized dining experiences using artificial intelligence through a digital transformation of restaurants menus.
AAS Vidyalaya aims of bringing education technology to the masses thus harnessing its truest potential, serve as a medium for high-quality low-cost schooling.
Rama Lifescience Pvt Ltd makes safe, comfortable and sustainable products to improve hygiene of outgoing men & women.
Skinzy is a healthcare startup aimed at providing affordable skincare solutions to all people where the availability of specialized dermatologist /doctors are scarce.
Zeuva is a battery technology company created by coming together of cross functional domain experts from IITs and other reputed colleges, which is filling this gap.
PeAR Tech is an AR / VR tech-based startup in Mumbai that has been working on its first product peAR-1. It shows how the food on the menu will look like on the table of your restaurant.