KIIT-TBI Ecosystem with the support of
MeitY STARTUP HUB,
MINISTRY OF ELECTRONICS & INFORMATION TECHNOLOGY, GoI
MeitY SAMRIDH ACCELERATOR
Startup Accelerator of MeitY for Product Development, Innovation & Growth
ABOUT: SAMRIDH ACCELERATOR
Startup Accelerators of MeitY for Product Innovation, Development and Growth (SAMRIDH) is an accelerator program supported by MeitY Startup Hub, MeitY, GoI. The idea behind the programme is to provide startups which already have brilliant solutions and proof of concept for their product the more facilities to enhance their product using innovative technologies for the market with a solid business plan and enable them to easily obtain investments from venture capitalists and angel investors.
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Objectives: SAMRIDH ACCELERATOR
◉ The SAMRIDH scheme will support existing and upcoming Accelerators to select and accelerate potential product-based startups to scale.
◉ The program will focus on accelerating the startups by providing customer connect, investor connect and internationalization connect services.
Funding: SAMRIDH ACCELERATOR
Matching Contribution upto INR 40 lakhs
Duration: SAMRIDH ACCELERATOR
6 months
Eligibility: SAMRIDH ACCELERATOR
◉ Budding Entrepreneurs with Innovative Technology Business Ideas
◉ Startups should be a citizen of India
◉ Startups should be onboarded with a Leading Business Mentor
◉ Startups should be connected with a Network/Venture Capitalist/Angel Investor
◉ Startups should be supported for immersion in domestic and international markets
IMPACT MeitY SAMRIDH ACCELERATOR
Application Received
Startup Onboarded
IPs CREATED
termsheet Signed
Funds Committed
Product Commercialized
THEMATIC AREA: MeitY SAMRIDH ACCELERATOR
Healthcare
Agri Tech
Blockchain
AI/ML
Clean Tech
Other Emerging Solutions
TIMELINE: MeitY SAMRIDH ACCELERATOR
Call Opens, Outreach activities & Application Submission window for 1 month
Eligibility check, Expert Screening, onboarding & MoU signing with the startups For Shortlisting
Masterclasses, investor connect series, networking events for a duration of 6 months
Investor Meet Demo Day for co-investment opportunities & One to One Matching Fund from MeitY