NIDHI-PRAYAS: A Grant for Hardware and Product Start-ups to Bridge the Gap Between Idea and Prototype
Learn about the NIDHI-PRAYAS grant, offering up to INR 10 Lakhs for hardware innovators and startups to build functional prototypes. Explore eligibility, benefi
The National Initiative for Developing and Harnessing Innovations - Promoting and Accelerating Young and ASPiring innovators & startups (NIDHI-PRAYAS) is a flagship scheme under the Department of Science and Technology (DST). It focuses on addressing the funding gap in the 'proof-of-concept' stage, specifically for hardware-based innovations in India. By providing financial support to translate innovative ideas into prototypes, the scheme empowers young entrepreneurs to de-risk their technology before approaching commercial investors.
What is this scheme?
NIDHI-PRAYAS is a pre-incubation grant designed to support innovators who have an idea but lack the resources to build a physical prototype. The program is implemented through PRAYAS Centres (PCs) located across various Technology Business Incubators (TBIs) in India. It aims to foster a culture of hardware manufacturing and deep-tech innovation by providing access to infrastructure, mentorship, and direct financial assistance.
Who is eligible?
- An individual innovator or a start-up incorporated for less than 7 years.
- The innovator must be a citizen of India with a valid Aadhaar card.
- Must have a roadmap to commercialize the product/innovation.
- Student innovators are eligible, provided they have a faculty mentor.
- The applicant must own the IP/Intellectual Property of the innovation.
- Innovators already supported under NIDHI-EIR or other fellowships must ensure no double-dipping for the same project.
How much money?
A grant of up to INR 10 Lakhs is provided per project for prototype development.
Documents needed
- Aadhar Card of the applicant/founder
- Detailed Project Report (DPR) or Proposal
- Proof of Address and Identity
- Company Registration Certificate (if applicable)
- Pitch Deck or Technical Specifications of the prototype
- Undertaking regarding IP ownership
How to apply (step by step)
- Identify and choose a DST-approved PRAYAS Centre (TBI) from the official NIDHI portal.
- Submit the online application form during the call for proposals at the selected centre.
- Shortlisted candidates are called for a presentation before a Project Management Committee (PMC).
- The committee evaluates the technical feasibility and commercial viability of the idea.
- Approved innovators sign a formal agreement with the PRAYAS Centre.
- Funds are released in installments based on the achievement of specific milestones in prototype development.
Important dates
| Event | Date |
|---|---|
| Application Cycle | Varies by PRAYAS Centre; check official DST or TBI websites |
| Project Duration | Typically 12 to 18 months for prototype completion |
Conclusion
NIDHI-PRAYAS serves as a vital lifeline for Indian hardware startups, which often face high initial R&D costs. By providing a non-equity grant, the government ensures that brilliant ideas don't die due to a lack of early-stage capital. If you have a hardware idea that can solve real-world problems, NIDHI-PRAYAS is your gateway to turning that vision into a tangible reality.
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