Nidhi-Accelerator Programme
A programme by Maker Village
A nine-month acceleration program providing rigorous mentoring, networking support, and up to INR 10 Lakhs prize money for best-performing start-ups, focusing on medical/healthcare domain.
About Nidhi-Accelerator Programme
This program is intended to tap innovations and technologies for venture creation by utilizing expertise and infrastructure of the host institution i.e., Maker Village. The program focuses on start-ups who are developing innovative products in the medical/health care domain. Benefits: Fast track structured programme helping ideas get accelerated to the next level, introduction to entrepreneurial development & identifying business opportunities, validate product ideas, engage with potential customers, building a scalable business model, building upon MVP/POC, manage team dynamics, pitching sessions to investors, demo day at the end of the programme. Eligibility: Applicant (Founder/Director) must be an Indian citizen, over 18, with exposure in life sciences, Engineering, medicine, human biology or equivalent. Educational qualification: graduate (B.Tech, BE, MBBS or equivalent) or postgraduate (MSc, MS, M.Tech, MPhil, MD or equivalent) & PhD or equivalent. Startup company registered at DPIIT, with 51% Indian promoter shareholding. Startup existence not greater than 5 years. Must have a working MVP/POC with a Minimum TRL of 5, market fit, viable commercialization, and scope of scaling. Start-up should be using technology in its core product or service, or business model, or distribution model, or methodology to solve the problem being targeted. Start-ups creating innovative solutions in Medical devices, Medicare, Health care, and other allied domains seeking mentorship for technical and business guidance which may include support in designing, producing/manufacturing, scaling up, marketing, commercialisation etc can apply for the program. The approved applicants will have to agree for Pre incubation/ Incubation with Maker Village as per its incubation policy/terms.
Where to apply
Other Maker Village programmes
- TIDE 2.0 GrantGrant of 7 lakhs to be provided for the selected.
- GENESIS PILOT PROGRAMAverage funding of ₹40 lakh per startup.
- SAMRIDH SchemeProvides equity funding up to Rs. 80 lakhs (maximum 40 lakhs from MeitY and Rs 40 lakhs from a co-investor) to accelerate startups by providing customer connect, investor connect and internationalization connect services.