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Department of Science and Technology (DST, India)

NIDHI PRAYAS

Funds prototyping for physical-product ideas through India's NIDHI PRAYAS scheme.

NIDHI PRAYAS runs through DERBI Foundation, one of several Technology Business Incubators under India's national NIDHI programme, pairing a prototyping grant with mentoring, scale-up support and lab or incubation space. Three kinds of applicants qualify: an individual Indian citizen aged 18 or older, a team (whose selected lead applicant receives any funding on the group's behalf), or an existing

NIDHI PRAYAS is a national scheme for idea-stage innovators building a physical product prototype, spanning med-tech, mobility, wellness and nutrition tech, sports and rehab tech, mental health tech, circular economy and AI/ML or AR/VR projects. It excludes pure software projects and academic research with no physical-product output.

CycleiHow often this grant runs - e.g. annually, on a rolling basis, or a one-off call.No fixed schedule
Next deadlineiThe next date applications are due. Rolling means you can apply any time.-
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.-

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