NIDHI PRAYAS
NIDHI — Promoting and Accelerating Young and Aspiring Innovators
Grant for innovators to build physical prototypes at DST-recognised PRAYAS centres.
Up to ₹10 LakhFunding support100% non-dilutiveIncentivenidhi.dst.gov.inOfficial portal
Who can apply
- Individual innovator or early-stage startup
- Hardware / physical prototype idea
- Not previously funded under PRAYAS
Key benefits
- Grant for materials, fabrication and testing
- Lab and mentor access at PRAYAS centre
Documents needed
- Idea proposal
- ID proof
- Prototype plan & budget
How to apply
- Apply to a PRAYAS centre
- Screening & pitch
- Grant agreement
- Prototype in 12–18 months
Am I eligible for NIDHI PRAYAS?
1What are you looking for?
2What's your business type?
3How much funding do you need?
4How old is the business?
5Owner category
Frequently asked
Do I need a company?
No — individual innovators can apply.
Related schemes
For StartupsStartup India Seed FundSeed funding for DPIIT-recognised startups for proof of concept, prototype, trials and market entry.Up to ₹50 LakhView →Venture DebtCredit Guarantee for StartupsGovernment guarantee on loans and venture debt to DPIIT-recognised startups from banks, NBFCs and AIFs.Up to ₹20 CroreView →Up to ₹1.5 Cr GrantiDEX / SPARK GrantNon-dilutive grants for startups and MSMEs building defence and aerospace prototypes.Up to ₹1.5 CroreView →
Information summarised from official guidelines; limits change — always verified against nidhi.dst.gov.in before filing.