- More Info
- nidhi-prayas.org
- Organization
- Department of Science and Technology, Govt. of India
- Fund type
- Grant
- Source
- Government
- Status
- Active
- Focus area
- Biotech, Medtech, Health & rehabilitation | Agriculture, food and nutrition | Cleantech, energy, environment, waste, sanitation | Automation, mobility | Hardware, software, IOT, data, AI, ML | Industrial Products | Material Tech, textiles | Space and Aviation | Edtech, Fintech | Other sectors | Electric vehicles
- Target
- Private Limited Company | Limited Liability Partnership | Individual- students | Individual- Innovators | Individual- academicians | Individual- researcher
- Fund range
- Rs. 10 lakhs- Rs. 25 lakhs | Rs. 25 lakhs- Rs. 50 lakhs
- Fund stages
- A. Technology Development
NIDHI-PRAYAS helps young innovators and early-stage startups convert promising science and technology ideas into working physical prototypes. The grant is designed for ideas with commercialization potential. The innovators / startups based on the eligibility can apply to any of the PRAYAS Centre (PC) or Advance PRAYAS Centre (APC).
Purpose
The grant is for Prototype funding support with a duration of 15months. Funding is upto Rs 20 lakhs OR 40 lakhs* (*subject to application and selection under PRAYAS Centre or Advanced PRAYAS Centre)