The Department of Science and Technology (DST) is a department within the Ministry of Science and Technology in India. It was established in May 1971 to promote new areas of science and technology and to play the role of a nodal department for organising, coordinating and promoting Scientific and Technological activities in the country. It gives funds to various approved scientific projects in India. It also supports various researchers in India to attend conferences abroad and to go for experimental works. read more...

National Initiative for Developing and Harnessing Innovations (NIDHI) is an umbrella program conceived and developed by the DST-NSTEDB, for nurturing ideas and innovations (knowledge-based and technology-driven) into successful startups. The program would work in line with the national priorities and goals and its focus would be to build an innovation driven entrepreneurial ecosystem with an objective of socioeconomic development through wealth and job creation. NIDHI aims to nurture start-ups through scouting, supporting and scaling of innovations. The key stakeholders of NIDHI includes various departments and ministries of the central government, state governments, academic and R & D institutions, incubators, mentors, financial institutions, angel investors, venture capitalists and private sectors. NIDHI is developed keeping in line the new national aspirations and on the basis of DST’s experience of three decades, in promoting innovative start-ups.
The key components of NIDHI are:
• NIDHI-GCC - Grand Challenges and Competitions for scouting innovations
• NIDHI-PRomotion and Acceleration of Young and Aspiring technology entrepreneurs (NIDHI-PRAYAS) - Support from Idea to Prototype
• NIDHI - Entrepreneur in Residence (NIDHI-EIR) - Support system to reduce risk
• NIDHI-Technology Business Incubator (TBI) - Converting Innovations to start-ups
• NIDHI-Accelerator - Fast tracking a start-up through focused intervention
• NIDHI-Seed Support System (NIDHI-SSS)- Providing early stage investment
• NIDHI Centres of Excellence (NIDHI-CoE) - A World class facility to help startups go global read more...

The PSG-Science & Technology Entrepreneurial Park (PSG-STEP) was established in 1998 with support from Department of Science & Technology, Government of India, IDBI and ICICI to promote technology based enterprise in the areas of Software, Electronic Products, Hi-Tech Mechanical Products, Eco friendly Textile Products, Bio-Technology and Nano Technology using the core strengths of PSG College of Technology. PSG-STEP is one among an exclusive club of incubators with exclusive incubation facilities and funding mechanisms for startups in multiple technology domains with the support of NSTEDB, DST, BIRAC and MeitY, Government of India. read more...

The National Science & Technology Entrepreneurship Development Board (NSTEDB), established in 1982 by the Government of India under the aegis of Department of Science & Technology, is an institutional mechanism to help promote knowledge driven and technology intensive enterprises. The Board, having representations from socio-economic and scientific Ministries/Departments, aims to convert "job-seekers" into "job-generators" through Science & Technology (S&T) interventions. read more...