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NIDHI-SSP

NIDHI Seed Support Program for Incubatee Startups

NIDHI-SSP enables Technology Business Incubators (TBIs) to provide timely financial bridge support to incubated startups to attain commercial sustainability.

Grant AmountUp to ₹25 Lakhs – ₹1 Crore
Equity DilutionFlexible (Soft Loan / Equity)
Processing TAT45-60 Days
CategoryIncubator Fund

📋Scheme Overview & Core Objectives

The NIDHI Seed Support Program (NIDHI-SSP) provides financial assistance specifically to startups that are already resident or virtually incubated in authorized DST TBIs.

It addresses the severe capital crunch that occurs after early prototype development when products need regulatory testing, trial market batches, and customer acquisition.

Disbursed through the incubator’s investment committee, it provides founders with quick decision-making and patient capital terms.

🌟Key Financial & Strategic Benefits

Flexible capital structuring: convertible equity, quasi-equity, or low-interest soft loans
Enables transition from prototype (TRL 5) to commercial market deployment (TRL 8)
Funds operational costs including key technical hires, tooling, and market trials
Backed by national science and technology infrastructure

🎯Eligibility Criteria Checklist

☑️Startup incubated for at least 3 months in a DST-recognized incubator
☑️Registered Private Limited Company in India
☑️Promoters must hold at least 51% equity in the company

🚀Step-by-Step Sanction & Disbursal Process

STEP 01

Incubator Application

Submitting business expansion and funding proposal to the host TBI.

STEP 02

SMC Presentation

Presenting before the Seed Management Committee comprising industry experts and angel investors.

STEP 03

Due Diligence & Term Sheet

Legal and financial due diligence followed by signing the seed investment agreement.

STEP 04

Capital Release

Disbursement of funds against agreed milestone progress.

📑Mandatory Documents Checklist

📄Incubation Agreement & Certificate of Incorporation
📄Commercialization Plan & 3-Year Cash Flow Projections
📄Shareholding Pattern & Promoter KYC
📄Company Bank Statements & Regulatory Compliance Certificates
FAQ & Queries

Frequently Asked Questions about NIDHI-SSP

NIDHI-PRAYAS provides grants (up to ₹10L) for early-stage idea-to-prototype validation. NIDHI-SSP provides higher growth capital (up to ₹1 Crore) for commercial market scale.
Direct Scheme Advisory

Apply for NIDHI-SSP

Verify your eligibility and receive complete DPR drafting and grant submission assistance.

🔒 100% Confidential • Direct CA / Grant Advisory Support

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Speak directly with our National Subsidies Advisory Cell:

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