NATIONAL SCIENCE AND

TECHNOLOGY
ENTREPRENEURSHIP
DEVELOPMENT BOARD
TEAM 9:
Suraj Gupta
Sushant Garg
Suruchi
Tanishq Wadhwa
Surabhi Kushwaha
TODAY'S 1 Introduction to the Topic

AGENDA 2 Insight

3 Importance

4 Affects

5 Understanding And Conclusion

INTRODUCTION
The National Science and Technology Entrepreneurship Development Board (NSTEDB) is a
government initiative in India that was established in 1982 under the Department of Science
and Technology (DST). The main objective of NSTEDB is to promote entrepreneurship in
the country by supporting innovative and technology-driven start-ups and Small and
Medium Enterprises (SMEs) in the science and technology sector.

Overall, the NSTEDB is an important initiative in India to promote the development of a

knowledge-based economy by fostering entrepreneurship and innovation in the science
and technology sector.
INSIGHT
One of the key initiatives of the NSTEDB is the Technology Business Incubator (TBI)
program, which provides seed funding, mentoring, and infrastructure support to start-ups in
the science and technology sector. The program has been successful in incubating a large
number of start-ups and helping them to become successful businesses.

Another important initiative of the NSTEDB is the Entrepreneurship Development Program

(EDP), which aims to train and mentor aspiring entrepreneurs. The program provides
training in various aspects of entrepreneurship, such as business planning, marketing,
finance, and operations.

In addition to these initiatives, the NSTEDB also collaborates with various stakeholders in the
entrepreneurship ecosystem, such as academic institutions, industry associations, and
investors, to provide a comprehensive support system for entrepreneurs.
IMPORTANCE
Promoting Innovation: NSTEDB provides a platform for promoting innovation in various
scientific and technological fields. The board supports research and development activities
through its Science and Technology Entrepreneurship Development (STED) program, which
provides financial support to researchers and entrepreneurs for developing new
technologies and commercializing research outcomes.

Fostering Entrepreneurship: NSTEDB provides various financial and non-financial assistance

to entrepreneurs, including seed funding, incubation support, training, and networking
opportunities. The board's Technology Business Incubator (TBI) program has been
successful in incubating a large number of start-ups and helping them to become
successful businesses.

Creating a Supportive Ecosystem: The NSTEDB works in close collaboration with other
government agencies, academic institutions, industry associations, and investors to provide
a comprehensive ecosystem for the growth of technology-based entrepreneurship. The
board's Entrepreneurship Development Program (EDP) provides training and mentoring to
aspiring entrepreneurs.
AFFECTS
1. Promoting Technology-based Entrepreneurship: NSTEDB's initiatives have been
successful in promoting technology-based entrepreneurship in India. The board's
Technology Business Incubator (TBI) program has helped to incubate a large number of
start-ups and has provided them with seed funding, mentoring, and infrastructure
support.
2. Creating Employment Opportunities: The start-ups supported by NSTEDB have created
job opportunities in various sectors, which has contributed to the overall economic
growth of the country. The board's initiatives have helped to create a supportive
environment for start-ups to develop new technologies and build successful
businesses, which has led to the creation of employment opportunities.
3. Fostering Innovation: The NSTEDB has been successful in fostering innovation in
various scientific and technological fields. The board's Science and Technology
Entrepreneurship Development (STED) program provides financial support to
researchers and entrepreneurs for developing new technologies and commercializing
research outcomes.
 UNDERSTANDING AND
CONCLUSION
In conclusion, the National Science and Technology Entrepreneurship Development Board
(NSTEDB) is an important initiative in India that has contributed significantly to promoting
entrepreneurship, innovation, and economic growth in the country. The board's initiatives,
such as the Technology Business Incubator (TBI) program, Entrepreneurship Development
Program (EDP), and Science and Technology Entrepreneurship Development (STED)
program, have helped to create a supportive ecosystem for technology-based start-ups
and SMEs.

NSTEDB's efforts have led to the incubation of a large number of successful start-ups, the
creation of employment opportunities, and the fostering of innovation in various scientific
and technological fields. The board's collaboration with other stakeholders in the
entrepreneurship ecosystem has encouraged knowledge-sharing and has helped to shape
government policies related to innovation and entrepreneurship.
THANK
YOU!
Have a
great day
ahead.