Our investment programs
Our investment programs offer startups funding to accelerate growth, scale operations, and bring solutions to market.
Investment Programs
FiiRE’s investment programs offer startups funding to accelerate growth, scale operations, and bring solutions to market.
MeitY GENESIS EIR Program
MeitY GENESIS EIR Program
FiiRE™ Goa, in partnership with the Ministry of Electronics and Information Technology (MeitY), invites first-generation entrepreneurs to the GENESIS EIR (Entrepreneur in Residence) Program. This initiative provides mentorship, guidance, and financial support to help innovative, technology-driven ideas grow into scalable solutions.
MSME Idea Hackathon 5.0
MSME Idea Hackathon 5.0
MSMEs Enabling India’s innovation ecosystem under the vision of Viksit Bharat @2047, the MSME Idea Hackathon 5.0 empowers citizens aged 18–60 to contribute bold, tech-driven solutions that strengthen sustainability, resilience, and self-reliance across India’s MSME sector.
Nidhi Prayas Program
NIDHI PRAYAS 2024
The National Initiative for Developing and Harnessing Innovations (NIDHI), created by the Department of Science & Technology (DST), supports nurturing knowledge-based and technology-driven innovations into successful startups across India.
The PRAYAS Program, part of the DST-NIDHI initiatives, promotes young entrepreneurs by enabling them to turn their innovative ideas into proof of concept (PoC). This support fosters an environment where innovators can experiment without fear, ultimately leading to ready products for commercialization.
Nidhi Seed Support
NIDHI Seed Support
FiiRE™ Goa, as a NIDHI-Seed Support System facilitator, offers TourismTech® startups funding and incubation to scale products, commercialize ideas, and bring innovative solutions to market with support from the Department of Science & Technology.
Through NIDHI-SS, TourismTech® startups gain essential financial backing to grow, attract investment, and develop transformative technologies. FiiRE™ Goa helps entrepreneurs build strong foundations and lead innovation in the tourism industry.
Nidhi Entrepreneurs In Residence
NIDHI Entrepreneurs In Residence (Cohort 3)
The National Science and Technology Entrepreneurship Development Board (NSTEDB), Government of India, supports Technology Business Incubators linked to academic and research institutions, aiming to convert innovations into successful startup ventures.
The NIDHI-Entrepreneurs-in-Residence (EIR) Programme by NSTEDB minimizes risks and opportunity costs for aspiring entrepreneurs. It offers innovative individuals invaluable networking opportunities and critical feedback on their ventures, promoting their entrepreneurial goals and aspirations.
Startup India Seed Fund Scheme
Startup India Seed Fund Scheme
The Startup India Seed Fund Scheme (SISFS) aims to provide financial assistance to startups for various stages, including proof of concept, prototype development, product trials, market entry, and commercialization.
To foster innovation and create a robust startup ecosystem, the DPIIT has established the SISFS to support early-stage startups. FiiRE™ Goa Incubation Centre has been selected as a key incubator, offering vital seed fund support to help startups develop their ideas and bring them to market successfully.
HDFC Parivartan SmartUp Grants
HDFC Parivartan SmartUp Grants
The HDFC Bank Parivartan SmartUp Grants program, launched in 2017, aims to support startups focused on social impact through monetary grants. This initiative encourages innovative solutions in sectors like Environment, Education, and Healthcare.
FiiRE™ Goa has been selected as a recipient of the HDFC Bank Parivartan SmartUp Grant, enabling them to provide crucial funding and support to startups in various sectors. This collaboration helps entrepreneurs grow and make a positive impact in their communities.
FAQs
What types of funding does FiiRE™ Goa offer to startups?
FiiRE™ Goa provides various investment programs, including NIDHI Seed Support, NIDHI Prayas Program, and the Startup India Seed Fund Scheme, all aimed at helping startups secure funding to scale operations, commercialize products, and foster innovation.
Who is eligible to apply for the NIDHI Seed Support?
The NIDHI Seed Support is primarily for TourismTech® startups with at least three months of incubation at FiiRE™ Goa and requires the startup to be a registered Indian company with a minimum of 51% shareholding by Indian promoters.
What support does the NIDHI Prayas Program provide to entrepreneurs?
The NIDHI Prayas Program supports young innovators by helping them transform their ideas into proof of concept (PoC), fostering a safe environment for experimentation, and ultimately preparing products for commercialization.
