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Seed stage venture funding up to ₹1 Crore via DST-approved Technology Business Incubators across India
TBI Seed Support Fund
Soft loan / equity / debenture
IITs, NITs & TBI Network
Moratorium & low interest rates
Ministry of Science & Technology
The National Initiative for Developing and Harnessing Innovations - Seed Support Program (NIDHI-SSP) is an institutional venture-funding instrument created by the Department of Science and Technology (DST), Government of India.
Recognizing that tech startups face a severe capital crunch when graduating from prototype development to early commercial manufacturing and market launch, NIDHI-SSP empowers DST-recognized Technology Business Incubators (TBIs) with funding to disburse up to ₹1 Crore per startup.
The capital is structured flexibly as equity, optionally convertible debentures (OCDs), or low-interest soft loans, allowing incubators to act as institutional angel investors for their incubated companies.
Startups deploy NIDHI-SSP funds to establish initial manufacturing batches, scale software engineering, hire core sales and technical personnel, conduct field validation trials, and secure enterprise certifications.
Early-stage growth financing up to ₹1 Crore structured as equity, soft loan, or convertible debt.
Competitive, low-interest rates with flexible moratorium periods and founder-aligned equity terms.
Fast, localized investment decisions made directly by the TBI's experienced Seed Investment Committee.
Continued access to advanced testing infrastructure, cleanrooms, and computing clusters at host TBIs.
Specifically intended for tooling, trial production, customer acquisition, and regulatory clearances.
Acts as strong institutional catalytic capital, attracting 3x-5x co-investments from venture capital firms.
DPIIT-recognized Startups incorporated as a Private Limited Company in India under 5 years of existence.
The startup must be an incubatee (physically or virtually incubated) at a DST-supported TBI.
Must possess a validated functional prototype or market-ready product with initial customer traction.
At least 51% of equity shareholding must be held by Indian resident promoters.
The startup must present a viable business model, scaling roadmap, and clear path to profitability.
The entity must not have defaulted on any prior institutional loan or government seed fund.
Secures up to ₹1 Crore in institutional seed capital when traditional commercial banks refuse unsecured lending.
Highly competitive terms and friendly cap-table alignment through academic incubators.
Accelerates transition from prototype stage to full-scale commercial manufacturing and enterprise revenue.
Direct guidance from incubator investment committees and seasoned tech entrepreneurs.
Unlocks co-investment interest from leading angel syndicates and venture capital funds.
Comprehensive regulatory, IP, and legal compliance support from incubator advisory boards.
Certificate of Incorporation, MoA / AoA, and Company PAN Card.
DPIIT Startup Recognition Certificate & TBI Incubation Agreement.
Audited Financial Statements / CA Certified Provisional Accounts.
Comprehensive Business Plan, Financial Projections (3-5 Years), and Cap Table.
Itemized Fund Utilization Plan for the ₹1 Crore seed support.
Founders' KYC Documents (Aadhaar & PAN Cards).
Company Bank Account Details & Cancelled Cheque.
Five stages, one record of every startup we've moved forward
Served
0+
Startups nationwide
Save up to 100%
on eligible startup taxes
Satisfaction score
0%
rated by founders we've worked with
Client outcomes
0%
of Technocrat clients reach the interview stage with investors
Certified
0+
Startups registered
Startup India
Certificate
Total disbursed
₹0+ Cr
disbursed to
0+
businesses, and counting
0+
Businesses granted a 3-year tax holiday
Funding
Guide 2025
Director · Shri Giriraj Dharan company
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