NIDHI-SSS (Seed Support System) at VentureStudio, Ahmedabad University — Frequently Asked Questions

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.

The programme is an initiative of the Department of Science and Technology (DST), Government of India, implemented through incubators like VentureStudio at Ahmedabad University.

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.

Yes, the programme specifically targets technology-driven business ideas with a clear innovation path. Non-technology ventures are not eligible.

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.

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.

No, startups that have already received substantial external funding are ineligible. The programme is for early-stage ventures needing initial seed capital.

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.

The deadline for applications is 10 July 2026.

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.

Funds are disbursed in tranches based on achieving agreed-upon milestones. You will work with the incubator to co-define deliverables and timelines.

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.

Apply directly through the official application link on this page. Review the eligibility criteria and prepare your startup documents before you begin.