SAMRIDH (Startup Accelerator for Product Innovation, Development & Growth)

SAMRIDH (Startup Accelerator for
Product Innovation, Development & Growth)

Overview:

The SAMRIDH Scheme, launched by the Ministry of Electronics & Information Technology (MeitY), is designed to help technology startups in India scale up their products, reach customers, and access investors.
The SAMRIDH Scheme, launched by the Ministry of Electronics & Information Technology (MeitY), is designed to help technology startups in India scale up their products, reach customers, and access investors.

Objectives:

  • Support IT/software product-based startups with funding and structured acceleration.
  • Provide customer connect, investor connect, and international market access.
  • Build stronger accelerators in India to guide startups beyond incubation.
  • Enable startups to survive the critical growth phase and make a positive social impact.

Offerings:

For Startups
  • Funding Support: Up to ₹40 lakh per startup (average ₹30 lakh), with a matching amount from accelerator/investor.
  • Acceleration Program: 6-month structured cohort with 5–10 startups.
  • Acceleration Program: 6-month structured cohort with 5–10 startups.
  • Market Research & Positioning: Diagnostic support to refine product fit and go-to-market strategy.
  • Legal & Compliance Assistance: Help with incorporation, IP, and regulatory matters.
  • Investor Connect: Dedicated Demo Days to pitch to venture capitalists and angel investors.
  • International Market Access: Opportunities to expand beyond India.
  • Peer Learning & Networking: Weekly founder meets, co-learning platforms, and networking sessions.

Eligibility:

For Startups
  • Must be an IT/software product startup (not just services).
  • Should already have a working solution or proof of concept.
  • Sectors include: FinTech, HealthTech, EdTech, RetailTech, Real Estate, IoT, AI, AR/VR, Home Automation, and more.
  • Looking to scale, validate in markets, and raise funding.

How to Apply:

Startups:
  • Apply to cohorts run by SAMRIDH-partner accelerators; cohorts target IT/software product startups with PoC seeking market validation, scaling, and funding.
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