NIDHI Promoting and Accelerating Young and Aspiring Innovators and Startups (PRAYAS)
by Department of Science & Technology
NIDHI-PRAYAS aims to support young innovators in developing prototypes of their innovative ideas. It provides early-stage funding and access to resources at Technology Business Incubators (TBIs). The program emphasizes fostering indigenous innovations aligned with the "AtmaNirbhar Bharat Mission." Beneficiaries receive funding, infrastructure access, mentorship, and guidance to convert their ideas into commercially viable prototypes.
About this scheme
NIDHI-PRAYAS aims to support young innovators in developing prototypes of their innovative ideas. It provides early-stage funding and access to resources at Technology Business Incubators (TBIs). The program emphasizes fostering indigenous innovations aligned with the "AtmaNirbhar Bharat Mission." Beneficiaries receive funding, infrastructure access, mentorship, and guidance to convert their ideas into commercially viable prototypes.
Who can apply
- Students, Researchers, Innovators, Entrepreneurs, and Startups are eligible to apply for support under the program.
Ready to apply? Get the official link
Applications are submitted directly with Department of Science & Technology, in your own name. Share a few details and we will point you to the official application portal and help you prepare a complete submission.
Here is the official application link
Apply in your own name with Department of Science & Technology. Want a second pair of eyes before you submit? An IncorpX advisor can help you prepare.
Open the official applicationFrequently asked questions
How much funding does NIDHI Promoting and Accelerating Young and Aspiring Innovators and Startups (PRAYAS) provide?
NIDHI Promoting and Accelerating Young and Aspiring Innovators and Startups (PRAYAS) provides up to Rs. 10 lakh. The exact amount sanctioned depends on the proposal and the evaluation by the program authority.
Is NIDHI Promoting and Accelerating Young and Aspiring Innovators and Startups (PRAYAS) currently accepting applications?
Applications currently closed. Always confirm the current window with the program authority before preparing your application.
Does NIDHI Promoting and Accelerating Young and Aspiring Innovators and Startups (PRAYAS) take equity?
No. This program is listed as equity-free, which means the funding does not dilute your shareholding. Review the official terms for any debt or convertible components.
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This directory is compiled from publicly available official sources and is provided for general information only. It does not constitute legal, financial, tax or professional advice. Funding amounts, eligibility criteria, required documents, deadlines and availability are determined by each program authority and change with every cycle, so the details shown here may be incomplete or out of date. Always confirm the current terms on the official program source before you apply or take any decision.
IncorpX charges no fee for the information in this directory and does not collect, process, lodge or submit any application on your behalf. Applications are made by you, in your own name, directly with the respective program authority. IncorpX provides assistance only for application preparation and for related registrations such as company incorporation, DPIIT recognition, MSME (Udyam) and GST. Eligibility, approval, disbursement and selection rest solely with the respective program authority, and IncorpX makes no representation or guarantee as to any outcome.
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