LATEST NEWS & ANNOUNCEMENTS -*- Notice Inviting Quotation - THREE-AXIS FLUXGATE MAGNETOMETER- Click HereCorrigendum to AMC for Technical Services at R&I Park' IITD- Click HereNotice Inviting Quotation - Laptops- Click Here!Notice Inviting Quotation for Computing Capability - A100 GPU- Click here!RFP for AMC of HVAC/ CCTV, PA System, AV System, Access Control, BMS and Fire System at Research & Innovation Park IIT DELHI- Click Here!Notification for a Project Vacancy (Research Scientist)- Click here!Notification for Project Vacancies- Click Here!Addendum to the AMC of Technical Services- Click Here!FITT invites applications for BIG 22'nd Call Biotechnology Ignition Grant (BIG) - (1'st January 2023 - 15th February 2023)- Click Here!RFP for AMC of Technical Services at R&I Park, IITD- Click Here!List of Awardees for POSOCO Power System Awards (PPSA)-2023- Click here!Looking for Industrial partners for commercialization for Antimicrobial formulation for porous and Non-porous Substrates- Click here!EOI for Technology Transfer of DIGITAL MOSSO ERGOGRAPH- Click Here!Notice Inviting Quotation Automatic Film Applicator- Click here!FITT Bulletin October, 2022- Click Here!NEWSLETTER- FITT FORUM-JULY 2022- Click here!Opportunity for commercialization "Smart Appliance Control for Building Energy Management"- Click Here!Startups and Professionals are invited for availing working space at Research and Innovation Park, IIT Delhi- Click here for details!FITT TechnoPreneurship Bulletin-April, 2022-Click here!Opportunity for Commercialisation- Smart Energy Metering Solution- Click here! This website is under constant surveillance and monitoring of Technology Team at FITT. The digital Assets of FITT are NOT available in Select Countries/Regions due to Enhanced Security Threats posed by users of such Regions.

NIDHI-Seed Support System is an initiative of the National Science & Technology Entrepreneurship Development Board (NSTEDB), Department of Science & Technology. A wide gap exists in financial support required by technology driven start-ups in their initial phase which is not being addressed properly. The basic idea of seed support is providing financial assistance to potential startups with promising ideas, innovations and technologies.

NIDHI Seed Support Program (NIDHI-SSP) aims at providing financial assistance to startups for proof of concept, prototype development, product trials, market entry and commercialization etc. 

NIDHI Seed Support Program Highlights:
1. Support upto Rs. 1000 lakhs to eligible incubators as Grant-in-aid to disburse to start- ups.
2. Support upto Rs 100 lakhs per start-up as Seed Support under NIDHI-SSP.
3. Loan, Equity or Equity-linked instruments as the mode of financing/investing into start- ups.
3. Lowest interest rate of only 2-3 % in case of debt financing for start-ups.
Pan India program support considering “Virtual” incubation.

Eligibility: (a) Eligibility for TBI to apply for NIDHI-SSS
A fully Operational STEP/TBI with at least 5 start ups requiring seed support is eligible to apply to DST for seed support. Seed support is normally given to a DST funded STEP/TBIs, but other TBIs having not for profit legal status and hosted at public institutions would also be considered on a case to case basis.
(b)Eligibility Conditions for Incubatee Start Ups for seed support
Incubatee should be a registered company in India with minimum of three months ofresidency at the STEP/TBIs.
Incubatee has to be an Indian start-up.This support is not meant for Indian Subsidiaries of MNCs/foreign companies. Persons holding Overseas Citizens of India (OCI), Persons of Indian Origin (PIO) would be considered as Indian citizens for the purpose of this scheme.
The share holding by Indian promoters in the incubate start up should be at least 51%.

Funding Grant: Avg. Seed Fund Amount for Startups is Rs. 25 Lakhs which goes Upto 100 Lakhs per startup

Time Period: 2-3 Years

 Area: All Science Disciplines

 Ministry/Dept: Department of Science & Technology (DST), Govt of India

 Purpose: Capacity Building

 Application method: The call for application is made once a year, with evaluation cycle starting in January.