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Grant

Nidhi Prayas Yojana

DST funding for innovators to translate ideas into prototypes

₹10L

Max Grant

45–90 days

Timeline

95%

Success Rate

Overview

NIDHI-PRAYAS (Promoting and Accelerating Young and Aspiring Innovators and Startups) by DST provides up to ₹10 lakhs for prototype development.

Eligibility Criteria

Individual innovators and entrepreneurs
Students and researchers with innovation
Early-stage startups with novel ideas
Indian citizens
Ideas in technology and science domains

Key Benefits

Grant up to ₹10 lakhs

Access to PRAYAS centers and labs

Mentorship and technical guidance

No equity dilution

Pathway to further DST funding

Application Process

1

Step 1

Apply at nearest PRAYAS center

2

Step 2

Pitch idea to evaluation committee

3

Step 3

Selection and grant approval

4

Step 4

Prototype development at PRAYAS lab

5

Step 5

Final demonstration and report

Required Documents

Innovation description
Prototype design or concept
Innovator credentials
Budget breakdown
Timeline and milestones
Aadhaar and PAN

Quick Overview

CategoryGrant
Timeline45–90 days
Max Grant₹10L
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