NIDHI-SSS (Seed Support System) at VentureStudio, Ahmedabad University
NIDHI-SSS by DST provides early-stage funding up to ₹1Cr via CCDs to Indian startups for prototype-to-market transition.
- Funding amount
- ₹20L – ₹1Cr (equity)
- Funding type
- Equity
- Provider
- Ahmedabad University (Academic)
- Application deadline
- Closed (10 Jul 2026)
- Eligible stage
- Any stage
- Location
- Open to startups registered in India
Overview
The NIDHI Seed Support System (SSS) is an initiative of the Department of Science and Technology (DST), Government of India, implemented through incubators like VentureStudio at Ahmedabad University. Its core purpose is to provide critical early-stage investment to help startups bridge the gap between prototype development and market entry. By funding product refinement, market trials, and initial commercialisation, the programme aims to de-risk technological innovations and make startups investment-ready. This strategic support not only accelerates individual ventures but also strengthens India's innovation ecosystem by fostering technology-driven entrepreneurship.
The funding is provided as equity-linked investment through Compulsorily Convertible Debentures (CCD) or similar instruments, aligning with long-term growth. Beyond capital, selected startups receive comprehensive incubation support including technical mentoring, regulatory guidance, IP filing assistance, and market access. The programme is specifically designed for early-stage technology ventures that have a validated prototype but need capital to scale and commercialise.
Highlights
- Funding up to ₹1 Crore via CCD or equity-linked instruments
- Targets technology-driven startups with a validated prototype
- Requires minimum 3 months incubator association
- Focus on bridging prototype-to-market gap
- Includes mentoring, IP, regulatory, and market access support
- Milestone-based disbursement of funds
Who can apply
To apply, your startup must be registered in India with at least 51% Indian promoter shareholding. You must have completed a minimum of three months of association with an incubator (e.g., VentureStudio). The startup should have a clear Unique Selling Proposition (USP) validated by customer feedback, a formal business plan, and a developed Minimum Viable Product (MVP). The programme is not open to non-technology business ideas, Indian subsidiaries of MNCs or foreign companies, or startups that have already received substantial external funding. If you lack a clear path to generating returns, you are also ineligible.
NIDHI-SSS (Seed Support System) at VentureStudio, Ahmedabad University is open to startups at any stage. It is open to startups registered anywhere in India.
- Eligible stage
- Any stage
- Location
- Open to startups registered in India
Deadline & timing
The most recent application window for NIDHI-SSS (Seed Support System) at VentureStudio, Ahmedabad University closed on 10 Jul 2026. Many programmes run repeat cohorts, so it is worth checking the official site for the next round.
What the funding covers
The NIDHI-SSS provides funding typically ranging from ₹20 lakhs to ₹50 lakhs, with exceptional cases receiving up to ₹1 Crore. This capital is delivered through Compulsorily Convertible Debentures (CCD) or other equity-linked instruments, meaning it converts into equity at a later stage and does not require immediate repayment.
In addition to funding, selected startups benefit from:
- Incubation support including office space and infrastructure
- Technical mentoring to refine product and technology
- Strategic guidance for commercialisation and scale-up
- Assistance with market trials and customer acquisition
- Support for regulatory approvals and IP filings
- Fundraising support to help secure follow-on investment
About the provider
NIDHI-SSS (Seed Support System) at VentureStudio, Ahmedabad University is offered by Ahmedabad University, an academic institution. It is delivered directly by Ahmedabad University as a equity. You can verify current details and timelines on the provider's official website before applying.
How to apply
Applications are submitted on the official portal. Confirm the current deadline and document checklist there before you start.
Selection process
The selection process begins with an open call for proposals, publicised through the incubator's website and social media. After submission, applications undergo an initial screening by the incubator team to verify eligibility and completeness. Eligible proposals are then evaluated by an expert jury, which assesses the startup's USP, market validation, technological innovation, business plan clarity, team capability, and return potential. Final selection is based on the jury's comprehensive assessment, leading to an agreement signing with the most promising ventures.
Documents you’ll need
Before you apply to NIDHI-SSS (Seed Support System) at VentureStudio, Ahmedabad University, keep the following documents ready:
- A pitch deck or short business plan describing the problem, product and traction
- Company registration documents and PAN
- Founder identification (PAN / Aadhaar) and brief profiles
- Recent financial statements or projections
- Product details — a demo, prototype or working link if available
Exact requirements are confirmed on the official application portal — treat this as a preparation checklist.
Who this is best for
NIDHI-SSS (Seed Support System) at VentureStudio, Ahmedabad University is best suited for startups in India seeking an equity investment of ₹20L – ₹1Cr. If that describes your startup, review the eligibility criteria above before applying.
Frequently asked questions
What is the funding amount and structure of NIDHI-SSS?
Startups typically receive between ₹20 lakhs and ₹50 lakhs, with exceptional cases up to ₹1 Crore. The funding is provided through Compulsorily Convertible Debentures (CCD) or other equity-linked instruments, converting into equity at a later stage.
Who runs the NIDHI-SSS programme?
The programme is an initiative of the Department of Science and Technology (DST), Government of India, implemented through incubators like VentureStudio at Ahmedabad University.
What stage of startup is eligible?
Early-stage startups that have a developed Minimum Viable Product (MVP) and a validated prototype, but need funding to transition to market-ready products. Startups without an MVP or a clear path to returns are not eligible.
Is the programme only for technology businesses?
Yes, the programme specifically targets technology-driven business ideas with a clear innovation path. Non-technology ventures are not eligible.
Does the programme take equity?
Yes, the funding is equity-linked through Compulsorily Convertible Debentures (CCD) or similar instruments, which means the investor receives equity in your startup at a later stage.
What are the key eligibility requirements?
Your startup must be registered in India with at least 51% Indian promoter shareholding. You must have completed at least three months of association with an incubator. You also need a validated USP, customer feedback, a formal business plan, and an MVP.
Can startups with external funding apply?
No, startups that have already received substantial external funding are ineligible. The programme is for early-stage ventures needing initial seed capital.
What documents are needed to apply?
Typically, you need a detailed business plan, pitch deck, customer validation reports, financial projections, and company incorporation documents. Refer to the official guidelines for the complete list.
What is the application deadline?
The deadline for applications is 10 July 2026.
How is the selection process conducted?
The process includes an open call, initial screening by the incubator, evaluation by an expert jury, and final selection. Shortlisted startups may be invited to pitch to the jury.
How are funds disbursed?
Funds are disbursed in tranches based on achieving agreed-upon milestones. You will work with the incubator to co-define deliverables and timelines.
Is DPIIT recognition required for NIDHI-SSS (Seed Support System) at VentureStudio, Ahmedabad University?
No. DPIIT (Startup India) recognition is not listed as a mandatory requirement for NIDHI-SSS (Seed Support System) at VentureStudio, Ahmedabad University, though having it can strengthen your application and unlock other benefits.
How do I apply for NIDHI-SSS (Seed Support System) at VentureStudio, Ahmedabad University?
Apply directly through the official application link on this page. Review the eligibility criteria and prepare your startup documents before you begin.
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