Department of Science and Technology (DST, India) logo
Department of Science and Technology (DST, India)

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.

CycleiHow often this grant runs - e.g. annually, on a rolling basis, or a one-off call.Rolling
Next deadlineiThe next date applications are due. Rolling means you can apply any time.Rolling
Decision timeiTypical time from the deadline to the funder's decision.-
Project durationiHow long the funded work is expected to run.-
Award typeiThe form of funding - grant, equity, loan, tax credit, etc.Grant
Match fundingiThe share of project costs you must cover yourself. 0% = fully funded.-
Funding pooliThe total budget available across all awards in this round.-

Sign up free to see the funding breakdown

Sign up free to see the industries in scope

Sign up free to see the full eligibility

Sign up free to see how to apply

Sign up free to see where teams trip up

Guides for this application

All guides →