DST–NIDHI Seed Support Scheme (SSS) at IIMK LIVE

IIMK LIVE

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About this Opportunity

IIMK LIVE Seed Support Fund is a startup seed funding program sanctioned by the Department of Science and Technology under the NIDHI–Seed Support System scheme.

The program is designed to support early-stage startups incubated at IIMK LIVE, a Technology Business Incubator hosted by IIM Kozhikode. The fund aims to bridge the gap between development and commercialization of innovative technologies, products, and services by providing timely financial support along with mentorship and ecosystem access.

The support enables startups to scale their ideas into market-ready ventures while creating economic and social impact. Funding is milestone-based and disbursed in tranches, with flexibility in the form of equity, debt, or a combination of both.

Eligibility

  • Startup must be incubated or agree to be incubated at IIMK LIVE as per its incubation policy
  • Minimum three months of residency at IIMK LIVE is mandatory
  • Startup must be a registered company in India
  • Indian promoters must hold at least 51% shareholding
  • OCI and PIO founders are considered Indian citizens for this scheme
  • Indian subsidiaries of foreign or multinational companies are not eligible
  • Startups already supported under NIDHI-SSS are not eligible again

Application Process