DST Seed Support System(SSS)

Seed Support System(sss)

A Seed Fund Support Scheme has been Started by Vel Tech TBI with the support from Technology Development Board (TDB) & National Science & Technology Entrepreneurship Development Board (NSTEDB), Department of Science & Technology, Government of India.

Eligibility conditions for Applying SEED loan

  • Incubatee should be a registered company with minimum of three months residency at Vel Tech TBI
  • Incubatee has to be an Indian start-up. This support is not meant for Indian Subsidiaries of MNCs/foreign companies. Persons holding Overseas Citizens of India (OCI), Persons of Indian Origin (PIO) would be considered as Indian citizens for the purpose of this scheme.
  • The share holding by Indian promoters in the incubate start up should be atleast 51%.

PROGRESS REPORT AND UC/SE FORMAT

CONSTITUTION OF THE SEED SUPPORT MANAGEMENT COMMITTEE (SSMC)

S. no Name Designation Address
1 Dr.R.Rangarajan
Founder – President
Vel Tech Rangarajan Dr Sagunthala R&D Institute of Science and Technology
President No 42, Vel Tech Road, Avadi, Chennai - 600062
2 Dr.Anita Gupta
Scientist -G /Adviser and Head-NSTEDB Division, DST
DST Representative NSTED, DST, New Delhi.
3 Dr. T. Prasad
Associate Professor, NITIE, Mumbai
Member/ External Expert NITIE, Mumbai
4 Mr. Roshan Kumar,
Branch managerBank of Baroda,
Vel Tech
Expert from Financial sector Bank of Baroda Vel Tech Branch Avadi, Chennai - 600062
5 Mr. Chandran Krishnan,
CEO, The Chennai Angels
Representative from Financial sector Chennai
6 Mr. Ashwin Badri
CEO, Blaer Motors
Entrepreneur Chennai
7 Mr. Rajaram Venkataraman
CEO – NIDHI CoE
Member Vel Tech TBI
8 Dr. P. Chandrakumar
Manager, Vel Tech TBI
Member Vel Tech TBI

Contact Us

Dr. P Chandrakumar,

Head, Vel Tech TBI

Vel Tech RangarajanDr.Sagunthala R&D Institute of Science and Technology.

Contact Number: 9940024007

Email Id: veltechtbi@veltech.edu.in

For More details about NIDHI CoE Contact

Mr. Rajaram Venkataraman

Contact Number: 9677065556

NIDHI CoE Chief Executive Officer, Vel Tech TBI

Email Id: ceo@veltechtbi.com

Mr. Suresh

Incubation Manager – NIDHI CoE

Contact Number: 9840398366

Email Id: incubation@veltechtbi.com

Seed Funded Incubatees

S.No. Name of Innovator Company name Title of the project Domain of the Project Total Amount Sanctioned
1 MR. GANDHI KARUNA KARUPPASAMY WATSINIT MOBILE TECHNOLOGIES PRIVATE LIMITED Software Development and Services IT/ITES SSS - 10 LAKHS
2 MR. NIRANJAN SHARMA GREGO RECYCLING PRIVATE LIMITED E-Waste Recycling E-WASTE/ PLASTIC WASTE SSS - 15 LAKHS
3 MR. PRASANTH OMANAKUTTAN GREEN ERA RECYCLERS (Partnership) Recycle and manage the E-Waste E-WASTE/ PLASTIC WASTE SSS - 25 Lakhs
4 MR. D. GANAPATHY CAPCP BENCHMARKING SERVICES PRIVATE LIMITED Automotive and Industrial benchmarking services MANUFACTURING SSS - 50 LAKHS
5 MR. ANUP KUMAR GETEGY ECOMMERCE PRIVATE LIMITED Online Shopping Portal IT/ITES SSS - 4 LAKHS
6 MR. SARAVANAN SUNDARAMOORTHY ADMATIC SOLUTIONS (Partnership) Provide Commercial Solutions to automate existing operations for cost efficiency and accuracy. FOOD TECH SSS - 30 LAKHS
7 MRS. V. ANURADHA MPOVER INDIA TYRE ESERVICE AND AMC PRIVATE LIMITED Tyre Claim Replacement by online digital technology on the spot service IT/ITES SSS - 10 LAKHS
8 MR. SRINAGAVEER VUNDAVALLI CCC DIGITAL INDIA PRIVATE LIMITED Design, Development, and trade of all types of Computer Software IT/ITES SSS - 15 LAKHS
9 MR. B. THIYAGARAJAN FXMKT TECHONOLOGIES PRIVATE LIMITED Our vision is building a trusted business transaction ecosystem with frictionless trade experience. IT/ITES SSS - 25 Lakhs
10 MR. A. THOMAS KINGSTON OO7 GLOBAL TRADE (PROPRIETORSHIP FIRM) (OO7 TRADE INTERNATIONAL PRIVATE LIMITED) Trading, Distribution and Manufacturing MANUFACTURING SSS - 20 Lakhs