NIDHI PRAYAS Grant: Your Guide to Turning Ideas into Prototypes
If you’re an innovator with a bright idea, the NIDHI PRAYAS grant (Proof-of-Concept funding) could give you the support you need to build your prototype. Here’s everything you need to know, made clear, simple, and action-driven.
What is the NIDHI PRAYAS Grant?
- Part of the NIDHI program by the Department of Science & Technology (DST), Government of India, NIDHI PRAYAS helps transform ideas into working prototypes. - It provides early-stage prototype funding of up to ₹10 lakh per innovator. - It is designed to foster Atma Nirbhar Bharat—India’s self-reliant innovation ecosystem. - You also gain access to infrastructure (like Fab Labs), mentorship, and workspace through designated PRAYAS Centres.
Who Can Apply for a NIDHI PRAYAS Grant?
Eligible innovators: - Individual innovators (minimum age 18, Indian citizens) or teams, with a lead applicant – IP must vest with the innovator or team. - Early-stage startups (≤ 7 years old, Indian equity ≥ 51%, turnover ≤ ₹25 lakh/year) for a new product idea not previously funded. - Employees or students with NOC from their institution, confirming IP ownership and time allocation for the project. - Projects must be physical product prototypes, not pure software or academic research.
What Does the NIDHI PRAYAS Grant Include?
- Up to ₹10 lakh as a prototype development grant. - Access to DST PRAYAS Shala (Fab Lab) and workspace (~3,000 sq.ft) in incubators. - Mentorship, technical guidance, and networking with industry experts. - Support infrastructure: labs, workshops, and connections to funding eco-system.
How Long Does It Take, and What Are the Terms?
- The project duration is up to 18 months (some centers offer 12-month plans with up to 6-month extension). - 60% innovators should build a working prototype within that period, progressing toward IP filing, startups, or investor interest. - Funds must be used for prototype development—not for personal salary, rent, or repaying old debts.
How to Apply for the NIDHI PRAYAS Grant
- Locate a PRAYAS Centre (PC): Only incubators selected as PRAYAS Centres can receive and process applications. - Track application calls: Centres periodically announce calls—check their websites regularly. - Prepare your proposal: Include project idea, budget, timeline, documentation (NOC, IP, etc.). - Undergo selection: PCs select applicants via a monitoring committee based on merit and eligibility. - Start your project: Selected innovators receive the grant and access to lab, workspace, and mentorship.
Why the NIDHI PRAYAS Grant Matters
- It fills the critical funding gap between idea and prototype, which many great innovations struggle to cross. - Helps build a vibrant innovation ecosystem connecting youth, mentors, academia, incubators, and investors. - Encourages Made-in-India solutions that are locally relevant and globally competitive.
Quick Overview: NIDHI PRAYAS Grant at a Glance
FeatureDetailsGrant AmountUp to ₹10 lakh prototype fundingEligible CandidatesIndividual innovators, early-stage startupsProject DurationUp to 18 monthsIncludesLab access, mentorship, workspaceObjectiveTurn ideas into prototypes
Official Source
NIDHI-PRAYAS_scheme_DST_Ver_6_Nov_22_Final.pdf
Final Note
The NIDHI PRAYAS grant is a powerful opportunity for any innovator in India aiming to turn a technology-driven idea into a prototype. With funding, labs, and expert guidance, it’s a practical route to jumpstart innovation.
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