Context

• NIDHI4COVID 2.0 initiative has been devised as a rapid response to support startup driven solutions, which would be helpful in tackling the current challenging COVID-19 situation in the country.

About

• Inducted as a special drive of the National Science & Technology Entrepreneurship Development Board (NSTEDB), Department of Science & Technology (DST) through NIDHI4COVID2.0 aims at introducing indigenous solutions and innovative products which would aid the nation in to fight against the COVID-19 pandemic effectively.

• Under the NIDHI4COVID programme, Startups whose technologies/products are of huge importance in the war against COVID would be considered for Seed Support through DST supported network of Technology Business Incubators.
• KIIT- Technology Business Incubator, a Centre of Excellence supported by DST, has been selected as the Implementing Agency of NIDHI4COVID 2.0 initiative.
• In this, KIIT-TBI will work closely together with DST to support promising startups with upto 50 lakhs funding assistance under the program.

https://newsonair.com/2021/07/21/nidhi4covid-indian-startups-igniting-ray-of-hope-in-fight-against-covid-19/

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