AI SummaryCentral government's Startup Accelerator of MeitY for Product Innovation, Development and Growth, known as the Samridh Scheme, supports startups and entrepreneurs in their early and risk-heavy phase. The scheme is run by the Ministry of Electronics and Information Technology (MeitY) through its MeitY Start-up Hub (MSH).
By early February 2026, the Samridh Scheme had supported 373 startups with over Rs 93.75 crore in funding. This article explains the details of the scheme, including its benefits, funding support and how startups can apply.
What is MeitY Samridh Scheme 2026
Startups and entrepreneurs face a number of problems in their initial phase, from turning an idea into a real product to gathering the right skills. To address this, the Union government launched the Samridh Scheme in 2021. It helps startups grow by giving them funding support, mentorship and access to investors and markets.
The scheme works through selected accelerators. These accelerators pick startups that are ready for the acceleration stage and help them scale their business. The programme focuses on high-impact sectors such as Health-tech, Ed-tech, Agri-tech, Consumer-tech, Fin-tech, Software as a Service (SaaS) and sustainability.
Short Brief of Samridh Scheme
| Detail | Information |
|---|---|
| Name of Scheme | Samridh Scheme |
| Full Name | Startup Accelerator of MeitY for Product Innovation, Development and Growth |
| Launched by | Ministry of Electronics and Information Technology (MeitY), Ashwini Vaishnaw |
| Launch Date | 25 August 2021 |
| Implemented by | MeitY Start-up Hub (MSH) |
| Funding Support | Up to Rs 40 lakh per startup, Rs 2 lakh per accelerator |
| Startups Supported | 373 startups, Rs 93.75 crore disbursed |
| Official Website | msh.meity.gov.in |
Implementation of Samridh Yojana
SAMRIDH creates a platform for Indian software product startups to improve their products and secure investments for scaling their business. The programme is implemented by MeitY Start-up Hub (MSH) under Digital India Corporation (DIC). MSH monitors and evaluates the performance of selected accelerators based on quantitative and qualitative parameters, and tracks the revenue and valuation growth of supported startups every year. The detailed scheme report is available at msh.meity.gov.in.
Objectives of Samridh Scheme
The Samridh Scheme gives funding support to startups and also brings together the skill sets needed to turn an idea into a successful enterprise. Employment in traditional as well as new age industries is a stated mission of the government and also the vision of Prime Minister Shri Narendra Modi. Schemes like SAMRIDH help accelerate the implementation of that vision.
Benefits of Samridh Scheme
Technology can help reach people in months which would otherwise have taken many years. Using the energy of startups, these areas can be reached within months. The Samridh Scheme picks up startups that are ready for the acceleration stage and provides them with funding support, mentorship and other support required at this stage.
Funding Support under Samridh Scheme
Under the Samridh Scheme, selected accelerators get financial support of Rs 2 lakh per startup for operational support. Startups can get matching funding of up to Rs 40 lakh, based on their current valuation and growth stage, in line with the programme guidelines. The accelerator or investor also puts in an equal matching investment.
As per the latest update from February 2026, 186 accelerators submitted Expressions of Interest, out of which 43 top accelerators were selected across 16 states. Of the 373 startups selected and accelerated, 241 have secured matching funding. Around Rs 93.75 crore has been disbursed over the last five years.
How to Apply for Samridh Scheme
Startups apply for the Samridh Scheme through the selected accelerators. The application process is handled on the official MeitY Start-up Hub portal.
STEP 1 - Go to the official website at msh.meity.gov.in and open the SAMRIDH section under the schemes menu.
STEP 2 - Check the list of selected accelerator centers and pick the one that matches the startup's sector.
STEP 3 - Register on the portal and submit the required details about the startup, its product and growth stage.
STEP 4 - The selected accelerator reviews the application and shortlists startups for the acceleration programme and matching funding.
FAQ's
What is the funding amount under the Samridh Scheme?
Startups can get matching funding of up to Rs 40 lakh, and selected accelerators get Rs 2 lakh per startup for operational support.
Which sectors are covered under the Samridh Scheme?
The scheme covers Health-tech, Ed-tech, Agri-tech, Consumer-tech, Fin-tech, Software as a Service (SaaS) and sustainability.
How many startups have been supported so far?
As of February 2026, 373 startups have been supported, out of which 241 have secured matching funding.
What is the official website of the Samridh Scheme?
The official website is msh.meity.gov.in, run by MeitY Start-up Hub.