NIDHI-SSP by CIBA — ₹10L-₹50L Seed Funding for GTM Tech Startups — Frequently Asked Questions

NIDHI-SSP, or the National Initiative for Developing and Harnessing Innovations - Seed Support Program, is a DST initiative facilitated by CIBA that provides seed funding and incubation support to technology-driven startups.

The program offers seed funding ranging from ₹10 Lakhs to ₹50 Lakhs, provided as Convertible Compulsory Debentures (CCD).

Eligible startups must be registered Private Limited companies with a technology-driven innovative solution, a working prototype (TRL 4+), and be at the Go-To-Market (GTM) stage. Preference is given to startups based in Maharashtra.

The funding is structured as Convertible Compulsory Debentures (CCD), which are non-dilutive in the initial stages, meaning no immediate equity dilution. However, the debentures may convert into equity at a later stage as per the terms.

The program primarily supports startups at the Go-To-Market (GTM) stage, meaning they have a working prototype (MVP or beyond) and are ready to launch their product to market.

In addition to funding, you receive a 2-year incubation program at CIBA, including mentorship, network access, strategic guidance on product development and market entry, support for IPR filing, obtaining licenses and certifications, and operational/manpower support.

Typically, you need a detailed business plan, company incorporation certificate, DPIIT recognition (if applicable), financial statements, and a pitch deck. The application process begins with an online form.

Applications are submitted online via the official application form provided by CIBA. After submission, shortlisted startups may be invited for interviews or pitch presentations.

The application deadline for NIDHI-SSP by CIBA — ₹10L-₹50L Seed Funding for GTM Tech Startups is Closed (31 Jul 2026). Deadlines can be revised, so reconfirm on the official source before applying.

No. DPIIT (Startup India) recognition is not listed as a mandatory requirement for NIDHI-SSP by CIBA — ₹10L-₹50L Seed Funding for GTM Tech Startups, though having it can strengthen your application and unlock other benefits.

NIDHI-SSP by CIBA — ₹10L-₹50L Seed Funding for GTM Tech Startups is offered by Agnel Charities (CIBA), a startup incubator. It is provided as an investment.