PRomoting and Accelerating Young and ASpiring technology entrepreneurs (NIDHI-PRAYAS)

There is a definite need to address the gap in the very early stage idea/ proof of concept funding. Promoting and Accelerating Young and ASpiring technology entrepreneurs (PRAYAS) is one the programs to support young innovators turn their ideas into proof-of-concepts. This support shall allow the innovators to try their ideas without fear of failure, hence allowing them to reach a stage where they have a ready product and are willing to approach incubators for commercialization. Hence NIDHI-PRAYAS can be considered a pre-incubation initiative and a source of pipeline for incubators.

Who can apply

  • Innovative technology product in the areas of manufacturing, agriculture, healthcare, clean-tech, energy, water and Internet of Things (IOT) and other technology areas.
  • The project should involve physical product development. The projects relating to software development and those involving pure academic research are not eligible.
1. Innovative technology product in the areas of manufacturing, agriculture, healthcare, clean-tech, energy, water and Internet of Things (IOT) and other technology areas.
2. The project should involve physical product development. The projects relating to software development and those involving pure academic research are not eligible.

What can you get:

Milestone based grant upto INR 10 Lakhs for developing prototypes

Program Partners :

Innovations Supported :

19

Funding support:

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