NIDHI - Inclusive-Technology Business Incubator (i-TBI)

NIDHI i-TBI supports institutions in underserved regions to set up incubators so local innovators and startups can get the space, funding, and support needed to build new ventures.

The NIDHI i-TBI initiative aims to support institutions in regions where innovation and startup incubation ecosystem is at nascent stages and 'Inclusive TBI' can play a vital role in normalizing resources and value creation across the country. The i-TBI would create a culture of innovation and entrepreneurship in the Host Institute (HI) and nearby geographies.

• The HI is to provide up to 10,000 square feet (minimum 7,000 square feet) of built-up space to host i-TBI in the campus.
• The HI shall agree to establish separate Section 8 company to professionally manage the i-TBI and will execute a lease agreement between HI and new (Section 8) entity, to lease the space earmarked for the i-TBI to new entity at no cost or at minimum rate for 10 years or beyond.
• The i-TBI should be capable of accommodating at least 30 innovative ventures/startups.

• DST will provide the necessary capital fund to establish the infrastructure of i-TBI.
• The i-TBI is provided with a maximum funding of ₹5 crore over a period of 3 years.
• Funding for non-recurring expenditure:
• For private institutions – 50:50 share between DST and HI
• For public institutions – 75:25 share between DST and HI, respectively.
• The ignition grant shall be for development of prototype/products.

Visit the online portal i.e., https://nidhi.dst.gov.in/

• Website: nidhi.dst.gov.in (opens in a new tab)
• Guidelines: nidhi.dst.gov.in (opens in a new tab)