Govt launches SAMRIDH Scheme to help startups in the early stage

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With an aim to boost the start-up ecosystem in the country, the Ministry of Electronics and Information and Technology (MeitY) on Wednesday launched Start-up Accelerators of MeitY for pRoduct Innovation, Development and growth (SAMRIDH).As per an official release, the SAMRIDH programme will focus on accelerating the 300 start-ups by providing customer connect, investor connect, and international immersion in the next three years.

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Speaking at the launch of SAMRIDH scheme, Electronics and Information Technology Minister Ashwini Vaishnaw said that the initiative will not only provide funding support to the startups but will also help in bringing skill sets together which will help them to become successful.