NIDHI-PRAYAS: A Support System for Hardware Start-ups in India
Learn about the NIDHI-PRAYAS grant for hardware innovators. Get up to ₹10 lakhs to transition your idea into a physical prototype. Check eligibility and steps t
The National Initiative for Developing and Harnessing Innovations (NIDHI) through its Promoting and Accelerating Young and Aspiring technology entrepreneurs (PRAYAS) program represents a significant step by the Department of Science and Technology (DST) to support early-stage innovative ideas. Unlike many software-centric grants, NIDHI-PRAYAS is specifically designed to bridge the gap between a concept and a proof-of-concept (PoC) for hardware-based technologies.
What is this scheme?
NIDHI-PRAYAS is a pre-incubation program that provides a grant-in-aid to innovators to develop a prototype. It is hosted through PRAYAS Centres (PCs) located across various prestigious incubators in India. The goal is to provide young entrepreneurs with the financial support and physical workspace required to build physical products, reducing the personal financial risk involved in hardware R&B.
Who is eligible?
- An individual innovator or a founder of a start-up.
- The start-up must not be older than 7 years from the date of registration.
- Must be an Indian citizen with a valid government ID.
- The innovator must be at least 18 years of age.
- Student innovators are eligible if they have a recommendation from their institution.
- The idea must be a physical product (hardware) and not purely software or a mobile app.
How much money?
A grant amount up to ₹10 Lakhs is provided per project for prototype development.
Documents needed
- Aadhar Card and PAN Card of the applicant.
- Company Registration Certificate (if applicable).
- A detailed project proposal focusing on the hardware prototype.
- Resume/CV of the primary innovator.
- Bank account details (specifically for the project).
- Self-declaration for not having received similar grants for the same idea.
How to apply (step by step)
- Identify a nearby PRAYAS Centre (DST-recognized incubators) that is currently accepting applications.
- Prepare a detailed pitch deck and a technical proposal explaining the innovation and its utility.
- Submit the application through the official portal of the specific PRAYAS Centre.
- Undergo a screening process which usually involves a presentation before a Project Evaluation Committee.
- If selected, sign an agreement with the Host Institute/PRAYAS Centre.
- Receive fund disbursements in milestones as per the project timeline.
- Utilize the grant for raw materials, fabrication, and testing within the stipulated period (usually 12-18 months).
Important dates
| Event | Date |
|---|---|
| Application Cycle | Varies by PRAYAS Centre; generally 1-2 cohorts per year |
| Project Duration | Typically 12 to 18 months for prototype completion |
Conclusion
The NIDHI-PRAYAS grant is a lifeline for hardware entrepreneurs in India who often face high entry barriers due to prototyping costs. By providing both capital and access to world-class lab facilities, the scheme empowers innovators to prove their technical feasibility before seeking larger venture capital. If you have a hardware idea that could solve a real-world problem, NIDHI-PRAYAS is the ideal starting point.
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