The basic idea of NIDHI seed support is providing financial assistance to potential startups with promising ideas, innovations and technologies. This would enable startups with innovative ideas/technologies to graduate to a level where they will be able to raise investments from angel/Venture capitalist or they will reach a position to seek loans from commercial banks /financial institutions. Thus, the proposed seed support disbursed by an incubator to the startup is positioned to act as a bridge between development and commercialization of innovative technologies/products/services in a relatively hassle-free manner.
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