- More Info
- www.indiascienceandtechnology.gov.in
- Organization
- Department of Scientific & Industrial Research (DSIR)
- 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
- Individual- students | Individual- Innovators | Individual- researcher
- Fund range
- < Rs. 10 lakhs | Rs. 10 lakhs- Rs. 25 lakhs
- Fund stages
- A. Technology Development | B. Patent Protection | C. Technology In-Licensing | D. Technology Scale-up/ Validation / De-risking
PRISM Phase-I Category-I: For proof of concept/prototype/models, with project cost upto INR 5 Lakhs, a maximum of INR 2 Lakhs or 90% of the total project cost (whichever is less) is provided. PRISM Phase-I, Category-II: For fabrication of working model/ process know-how/testing & trail/ patenting/ technology transfer, etc. with a project costing between INR 5 Lakhs to INR 35 Lakhs, a maximum of INR 20 Lakhs or 90% of the total project cost (whichever is less) is given.
The scheme provides grants, technical guidance and mentoring to individual innovators by incubating their idea towards the creation of new enterprises in phases. It also provides grant-in-aid support to technology solution providers developing technology solutions aimed at helping MSME cluster.