Ministry of Electronics & IT launches SAMRIDH programme to boost start-up ecosystem in India

Ministry of Electronics & IT launches SAMRIDH programme to boost start-up ecosystem in India

Ministry of Electronics & IT launches SAMRIDH programme to boost start-up ecosystem in India

  • Ministry of Electronics & Information Technology has launched the “Start-up Accelerators of MeitY for pRoduct Innovation, Development and growth (SAMRIDH)” programme. The programme was launched by Shri Ashwini Vaishnaw, Union Minister MeitY.
  • Aim: The objective of the SAMRIDH programme is to create a conducive platform to Indian Software Product start-ups to enhance their products and securing investments for scaling their business.
  • The programme is being implemented by MeitY Start-up Hub (MSH). It will focus on accelerating the 300 start-ups by providing customer connect, investor connect, and international immersion in next three years. 
  • Investment of up to Rs. 40 lakh will be provided to the start-up through selected accelerators. 

Points to remember:

  1. SAMRIDH programme is being implemented by which ministry?- MeitY
  2. Full form of SAMRIDH
  3. Name of the scheme launched by MeitY to boost start-up ecosystem in India?

Source: PIB

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