NIDHI-PRAYAS

The NIDHI- PRAYAS Scheme

Note: We are currently not receiving applications for PRAYAS. Please follow us on facebook / twitter to get updates on when the program opens (expected to open after May 2021).

National Initiative for Developing nd Harnessing Innovations (NIDHI) is an umbrella programme conceived and developed by the Department of Science & Technology (DST), Government of India, for nurturing ideas and innovations (knowledge-based and technology-driven) into successful start-ups.

Under this initiative, DST has launched NIDHI- Promoting and Accelerating Young and ASpiring innovators & startups (NIDHI-PRAYAS) program. The program caters to idea-stage entrepreneurs with a physical product offering, who require support for prototyping. It would also facilitate the innovators with the Physical infrastructure, Technical Guidance, Business Mentorship etc.

The program is made possible with the support from DST, the National Science and Technology Entrepreneurship Development Board (NSTEDB), and SINE, IIT-Mumbai, THe project management unit for the NIDHI-PRAYAS program.

Objectives of PRAYAS Prototyping Grant

  • Enable translation of an innovative idea to a prototype.
  • Provide a platform for faster experimentation and modify approaches in the idea to market journey.
  • Generate innovative solutions relevant to the local and global problems.
  • Attract a large number of youth who demonstrates problem solving zeal and abilities
  • A pre-incubation program or pipeline activity leading to startup incubation. Ideal end point is venture creation and development.

Eligibility Criteria

Please refer to the eligibility criteria here. Eligibility_Final_v3_11.03.2020

Application Form

Please fill out application form, and send it to the email list below:

Innovators form_Final_v4_09.03.2020

If you are a registered startup, please fill out the form in the name of a Founder / Co-founder and send it to us.

Application Deadline – Round 5

Application for Round 5 is now being accepted till September 30, 2020.

Contact

Please email us on prayas@ikpeden.com for queries, or the filled out the application form to the same email if you wish to apply.

You can view the list of awardees here: nidhi-prayas.org/prayasees