The SAMRIDH scheme will support existing and upcoming Accelerators to select and accelerate potential IT based startups to scale for solving India’s problems creating positive social impact. The SAMRIDH scheme will provide support to selected Accelerators for extending Accelerator Services as defined below to startups and even provide first round of funding of up to 40 lakh (with an average of 30 Lakh per startup per cohort).

The programme will invite applications from existing and upcoming Accelerators to become partners with Meity and provide startups accelerator programmes of 6 months every year. It is proposed to support around 300 tech Start-Ups through about 40 cohorts (size of 8-10 Start-Ups) under the program.

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