NIDHI-PRAYAS: A Dedicated Support for Proof of Concept (PoC) Hardware Innovations
Learn about the NIDHI-PRAYAS grant for hardware startups. Get up to Rs. 10 Lakhs to convert your innovative product ideas into prototypes. Check eligibility and
The NIDHI-PRAYAS (Promoting and Accelerating Young and Aspiring technology entrepreneurs) scheme is a flagship initiative under the Department of Science and Technology (DST). It specifically addresses the 'valley of death' for hardware startups by providing financial support at the critical stage where an idea needs to be converted into a tangible prototype. For many innovators, the lack of early-stage funding for physical product development is a major hurdle; NIDHI-PRAYAS bridge this gap effectively.
What is this scheme?
NIDHI-PRAYAS is a pre-incubation program aimed at supporting young innovators to turn their ideas into Proof of Concept (PoC) and prototypes. It focuses on technology-driven innovations in hardware sectors. The program is implemented through various PRAYAS Centres (PCs) across India, which are typically established within reputed Technology Business Incubators (TBIs). The grant is meant to cover expenses related to raw materials, fabrication, testing, and professional services required for prototype development.
Who is eligible?
- The applicant must be an individual innovator or an Indian startup (incorporated for less than 7 years).
- Student innovators are eligible if they are part of a recognized academic institution.
- The innovation must be a physical product (hardware-based); pure software or app development projects are generally not covered.
- The applicant must be at least 18 years of age.
- The applicant must have an innovative idea that is ready for prototype development (PoC stage).
- The innovator should be willing to work at a PRAYAS Centre for the duration of the project.
How much money?
The grant provides financial assistance up to a maximum of Rs. 10 Lakhs per project for a duration of 12 to 18 months.
Documents needed
- Detailed Project Report (DPR) explaining the technical and commercial feasibility.
- Aadhaar Card or valid Identity Proof.
- Caste Certificate (if applying under specific quotas, if applicable).
- Academic certificates or proof of being a student (for student categories).
- Registration certificate of the startup (if incorporated).
- Letter of support from the PRAYAS Centre/Incubator.
- Budget breakdown for the prototype development.
How to apply (step by step)
- Identify a nearby PRAYAS Centre (PC) listed on the official DST NIDHI-PRAYAS portal.
- Prepare a comprehensive proposal outlining the problem, solution, and the prototype development timeline.
- Submit the application through the specific PRAYAS Centre's portal during their open call period.
- Shortlisted candidates are invited for a presentation before a Project Management Committee (PMC).
- If selected, the innovator signs an agreement with the Host Institute (TBI).
- Funds are released in installments based on the achievement of specific milestones defined in the proposal.
- The innovator utilizes the PRAYAS Centre's lab facilities and technical mentorship to develop the prototype.
Important dates
| Event | Date |
|---|---|
| Application Cycle | Occurs periodically; check individual PRAYAS Centre websites for active calls. |
| Project Duration | Typically 12 to 18 months from the date of first installment release. |
Conclusion
The NIDHI-PRAYAS grant is a game-changer for hardware entrepreneurs in India who often struggle to find capital for the physical manufacturing of their first version. By providing both financial aid and access to high-end lab facilities, the Department of Science and Technology is fostering a robust 'Make in India' ecosystem. If you have a hardware idea that could solve a real-world problem, NIDHI-PRAYAS is the ideal platform to kickstart your journey.
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