KIIT-TBI Ecosystem with the support of
DEPARTMENT OF SCIENCE & TECHNOLOGY (DST), MINISTRY OF SCIENCE & TECHNOLOGY, GoI
DST NIDHI4COVID 2.0
Calling Startups & Innovator to Join WAR Against COVID 19
ABOUT: DST NIDHI4COVID2.O
The NIDHI4COVID2.0 initiative has been specially devised as a rapid response to support startup-driven solutions, which would help tackle the current challenging, second wave of COVID 2.0 in the country. NIDHI4COVID2.0 is a special drive of the National Science & Technology Entrepreneurship Development Board (NSTEDB), Department of Science & Technology (DST), and Government of India (GoI) to support indigenous solutions and innovative products that would enable our country to fight against COVID-19 pandemic more strongly.
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Eligibility: DST NIDHI4COVID2.O
- The applicant startup must be a startup/company registered in India. Startups having a formal association with the incubator (Any central and state government-supported incubators) in its resident or virtual incubation program would be preferred.
- Startups should be less than 10 years in existence.
- The startup having DPIIT recognition with Startup India would be preferred. In case the startup does not have DPIIT recognition while applying to the NIDHI4COVID 2.0 program, the startup may ensure to get DPIIT recognition as soon as possible.
- Founders of the applicant company should have at least 51% Indian shareholding and should have a competent team, preferably with domain expertise.
- The applicant startup should have developed a clear product-to-market fit, and customer discovery with clarity on intended customers, and value propositions for its targeted customers.
- Preferably at a revenue stage or has raised funds earlier.
- Products requiring approval from competent authorities may share their plan of action and latest status.
- Innovative solutions at the conceptual stage requiring funds for prototype development would be directed towards the NIDHI PRAYAS program in line with the program guidelines. Refer NIDHI PRAYAS website
Selection Process: DST NIDHI4COVID2.O
Impact: DST NIDHI4COVID2.O
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