SAMRIDH Scheme

Maker Village is entrusted to nourish eight startups who are into electronics product development and manufacturing through this scheme. The program will focus on accelerating startups from a prototype stage to commercialization. The program includes onboarding eight startups through screening of received applications. Accelerators shall be tasked with developing customized acceleration programs to fit the needs of each startup in the cohort and provide services ranging from customer connect, investor connect, capacity enhancement, product enhancement. The selected applications will have to undertake mentorship for 6 months in the domain as required for scaling of prototype. After successful completion of the mentorship program, the successful startup will be selected eligible for equity funding. Eligibility: Applicant should be a citizen of India, aged 18+, with DPIIT registered startup status. Startup must use electronics product technology, have a minimum graduation in science or technology, and 51% Indian promoter shareholding. Startup must have a working MVP/POC with a minimum TRL of 3, market fit, viable for commercialization, and scope for scaling.