TI
TIDES Business Incubator, IIT Roorkee

NIDHI-PRAYAS Program

Offers Indian innovators up to Rs 10 lakhs to build a hardware prototype from a proof of concept.

Between cyclesTIDES Business Incubator, IIT RoorkeeIndia

The NIDHI-PRAYAS programme gives individual innovators funding to turn a proof of concept into a working hardware prototype over a 12 to 18 month programme. Alongside the cash, TIDES provides lab access, mentorship, co-working space, incubation, and help with business development, legal compliance and IP management. Applicants apply directly on the TIDES website and must first review the published

TIDES funds hardware prototypes in manufacturing, agriculture, healthcare, clean tech, energy, water and IoT. Pure software, e-commerce, service, and app-based projects beyond the prototype stage are not eligible.

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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