About NSTEDB
The National Science & Technology Entrepreneurship Development Board (NSTEDB) was established by the Department of Science & Technology, Government of India, as a means to support the promotion of knowledge-driven and technology-intensive enterprises. The Board, now under the Technology Translation and Innovation (TTI) Division, aims to encourage innovation and the startup ecosystem through Science, Technology & Innovation interventions.
Technology-driven innovation has a transformative impact on productivity, global competitiveness, and economic growth. In recognition of the same, NSTEDB, established in 1982, is tasked with the responsibility of developing, nurturing, and improving a nationwide innovation ecosystem.
In sync with the national initiatives of Start-Up India and Stand-Up India, NSTEDB’s flagship programme NIDHI ( National Initiative for Developing and Harnessing Innovation), launched in 2016, enables innovators and startups to transform their ideas into successful startups. NSTEDB nurtures and empowers innovators & startups since their initial phase of startup journey.
Objectives
The main objectives of the NSTEDB are to:
- Convert job-seekers into job-generators
- Convert knowledge into wealth creation
- Nurture innovators, problem-solvers, and startups
NSTEDB’s Role
- To nurture Science & Technology based entrepreneurs and Innovators through incubation programs.
- To build capacities of human resources and institutions in fostering Science & Technology based entrepreneurship.
- To connect and network with agencies, academic institutions, Research & Development (R&D) organisations, industry associations, and other Stakeholders in building the Startup ecosystem.
NSTEDB’s Key Offerings
- National Initiative for Developing and Harnessing Innovations
- Capacity Building & Training Programs – Entrepreneurship Development
- Innovation Scouting & Support – PPP Programs
- Internationalisation & Market Access
- Surgical Efforts to Support Innovation