NIDHI SSS Seed Support at GUSEC — Eligibility Criteria

To be eligible for the GUSEC Seed program, applicants must be:

• An Indian-registered Private Limited company or LLP.
• Maintain at least 51% shareholding by Indian promoters, which includes OCI and PIO holders.
• Meet the DPIIT definition of an Indian startup; Indian subsidiaries of multinational or foreign corporations are not eligible.
• DPIIT recognition is preferred but not strictly mandatory.
• Exclusively incubated at GUSEC to receive funding, with the first tranche disbursed after three months of incubation.
• Not have any unutilized grants from GUSEC or any other incubator at the time of disbursement.
• Comply with GUSEC's policies on Startup Progress Review (SPR), Renewal of Incubation (Form-D), and Community Development Contribution (CDC).

NIDHI SSS Seed Support at GUSEC is open to startups at the product and revenue stage working in deeptech electronics robotics, ai saas enterprise and space drone defense. It is open to startups registered anywhere in India. Applicants should be registered as private limited and llp.