NIDHI-SSS (Seed Support System) at VentureStudio, Ahmedabad University
Under NIDHI-SSS (Seed Support System) by Ahmedabad University
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Quick Answer
The NIDHI Seed Support Programme (SSP) provides critical early-stage investment via Compulsorily Convertible Debentures (CCD) or equity-linked instruments, helping Indian startups transition from prototype to market-ready products with funding up to INR 1 Crore.
- Funding amount
- ₹20 Lakhs – ₹1 Cr
- Funding type
- Equity
- Provider
- Ahmedabad University
- Application deadline
- Closed
- Eligible stage
- Product
- Location
- Open to startups registered in India
Results & next round
Applications for this round closed on 10 July 2026. The organiser has not published a selection list that we can verify yet.
Selections for this programme are announced by Ahmedabad University. Official links are listed under Sources below.
We update this page when results are published, and when the next round opens.
About this funding program
The NIDHI Seed Support Programme (SSP), an initiative of the Department of Science and Technology (DST), Government of India, is designed to fuel the growth of promising early-stage startups across the nation. Its core purpose is to bridge the critical gap between product prototype development and successful market entry, transforming innovative ideas into viable, investable ventures. By providing timely financial support, the NIDHI-SSP aims to de-risk technological innovations and facilitate their journey towards commercialization. The program specifically targets startups with a clear vision and a developed prototype, offering the necessary capital to refine products, conduct trials, navigate regulatory hurdles, and execute initial market penetration strategies. This strategic investment not only strengthens individual startups but also contributes significantly to India's innovation ecosystem, fostering a culture of technological entrepreneurship and economic growth. The scheme is implemented through various incubators like VentureStudio, ensuring local ecosystem support and tailored guidance for selected ventures.
Eligibility
See if you're eligible
Full eligibility criteria — entity type, stage, sector, founder profile and registration requirements — plus your fit for this program. Sign up to view.
Funding providers
VentureStudio is the startup incubator of Ahmedabad University, on the university's North and Central campuses at Navrangpura in Ahmedabad, Gujarat. It says it was established in 2011 in collaboration with Stanford University's Center for Design Research, and it runs six…
Learn moreBenefits & Funding
- Amount
- ₹20 Lakhs – ₹1 Cr
What You Get
The NIDHI-SSP provides substantial financial backing, typically ranging from ₹20 lakhs to ₹50 lakhs, with exceptional cases receiving up to ₹1 Crore. This funding is delivered through Compulsorily Convertible Debentures (CCD) or other equity-linked instruments, meaning the investment aligns with your startup's long-term growth without immediate repayment burden. Beyond capital, selected startups benefit from robust incubation support, which includes invaluable technical mentoring to refine product and technology, strategic guidance for commercialization, assistance with market trials, and critical support for navigating regulatory approvals and IP filings. This comprehensive package is designed to accelerate your journey from prototype to a thriving, market-ready venture.
- Disbursement
- Milestone Based
Timelines & Process
Selection Process
The selection process for NIDHI-SSP is structured and rigorous to identify high-potential startups. It begins with an open call for proposals, publicized via the incubator's website and social media channels. Upon submission, applications undergo an initial screening by the incubator team to ensure all eligibility criteria are met and submissions are complete. Following this, eligible proposals are subjected to a thorough evaluation by an expert jury. This jury assesses various aspects, including the startup's unique selling proposition, market validation, technological innovation, the clarity of its business plan, team capabilities, and potential for generating returns. Final selection is based on the comprehensive assessment by this jury panel, leading to an agreement signing with the most promising ventures.
Application Process
- 1
Application Submission
Submit a detailed application form with your business plan and supporting documents.
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How to apply
Four steps from draft to disbursement — one action each.
- 1
Draft your application
Answer the form inside the grant tracker — AI drafts each response using your past answers, so you're not starting from a blank page.
- 2
See the questions before you start
Download every question this programme's application form asks, so you can prepare your answers offline before opening the portal.
- 3
Submit on the official portal
Use the official application link and verify all details before final submission.
- 4
Follow up
Reach out 5–7 days after submitting to confirm receipt and ask about the review timeline.
Frequently Asked Questions
What is the primary objective of NIDHI-SSP?
The NIDHI Seed Support Programme aims to provide crucial early-stage investment to startups, helping them bridge the gap between prototype development and market-ready products. It supports activities like product refinement, market trials, and initial market entry to make promising startups investment-ready.
What is the typical funding amount and mechanism?
Startups typically receive between INR 20 lakhs to INR 50 lakhs, with the potential to go up to INR 1 crore in exceptional cases. The funding is provided primarily through Compulsorily Convertible Debentures (CCD) or other equity-linked instruments, which means it converts into equity at a later stage, aligning with the startup's growth.
Are non-technology business ideas eligible?
No, the NIDHI-SSP program specifically targets entrepreneurs pursuing technology-driven business ideas with a clear path to innovation and market impact. Non-technology ventures are not eligible for this scheme.
What kind of support is offered beyond funding?
Beyond financial support, the program offers comprehensive incubation support, including strategic guidance for scale-up and commercialization, assistance with market trials, regulatory approvals, and crucial technical mentoring. It also covers expenses related to IP filings and consultancy.
Can startups that have already raised substantial funding apply?
No, startups that have already received substantial external funding are explicitly ineligible for NIDHI-SSP. The program is designed for early-stage ventures that require initial seed capital to get off the ground and achieve product-market fit.
What are the key eligibility criteria for startups?
Eligible startups must be registered in India, have at least 51% Indian promoter shareholding, and have completed a minimum of three months of association with an incubator. They should have a clear value proposition, customer validation, and a formal business plan, with a developed Minimum Viable Product (MVP).
Sources
Data on this page is compiled from official program and provider references.
