NIDHI – Promoting and Accelerating Young and Aspiring Innovators and Startups (PRAYAS)
Gives young innovators up to INR 10 lakh to build an early prototype.
NIDHI-PRAYAS is run by India's Department of Science and Technology together with the Society for Innovation and Entrepreneurship at IIT Bombay, which serves as the programme's coordinating Centre of Excellence. Money reaches innovators as a ceiling rather than a fixed grant: up to INR 10 lakh per innovator or startup, aimed at getting an idea to a working prototype or proof of concept with commer…
NIDHI-PRAYAS helps young innovators, students, researchers and startups turn an early-stage idea into a working prototype or proof of concept. It is sector-agnostic and framed as support for indigenous innovation under the AtmaNirbharBharat Mission.
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