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DST • Prototype Support

NIDHI PRAYAS Grant

Convert Ideas into Prototypes

The NIDHI PRAYAS (National Initiative for Developing and Harnessing Innovations - PRomoting and Accelerating Young and Aspiring technology entrepreneurs) scheme is an initiative under the Department of Science & Technology (DST). It is a key pillar of startup funding in India, aimed at supporting innovators who are still in the early stages of development.

NIDHI PRAYAS Grant applicants preparing a grant application
NIDHI PRAYAS Grant application support

Sapno Se Safalta Tak

  • Up to ₹0L

    Grant Potential

  • Grant

    Support Route

  • Startup

    Applicant Focus

  • India

    Application Access

Scheme Overview

What Is NIDHI PRAYAS Grant?

The NIDHI PRAYAS (National Initiative for Developing and Harnessing Innovations - PRomoting and Accelerating Young and Aspiring technology entrepreneurs) scheme is an initiative under the Department of Science & Technology (DST). It is a key pillar of startup funding in India, aimed at supporting innovators who are still in the early stages of development.

Vikas Bharat helps you check fit, prepare documents and structure a complete grant-ready application file.

Why Applicants Apply

  • 01

    Seed Capital

  • 02

    Technical Mentorship

  • 03

    Incubation Support

  • 04

    Networking

  • 05

    Commercialization

What You Unlock

Benefits Of NIDHI PRAYAS Grant

Grant Support And Guidance To Help Innovators Build, Validate And Scale.

  • 01

    Seed Capital

    Grant or incentive support aligned to scheme guidelines and project evaluation.

  • 02

    Technical Mentorship

    Mentorship and ecosystem guidance to sharpen the execution plan.

  • 03

    Incubation Support

    Structured documentation support for portals and implementing agencies.

  • 04

    Networking

    Pathways to pilots, market access and follow-on opportunities.

  • 05

    Commercialization

    Grant or incentive support aligned to scheme guidelines and project evaluation.

Who Qualifies

NIDHI PRAYAS Grant Eligibility

Applicants must meet defined innovation, age, and compliance criteria before applying through an authorized PRAYAS center.; Applicant Type: Individuals, Proprietorships, Partnerships, LLPs, or Private Limited companies.; Business Stage: Early stage with a validated PoC or MVP.; Company Age: Up to 7 years old (10 years for biotech).; Annual Turnover: Should not exceed ₹25 Lakhs in any prior financial year.

Applicant Profile

  • Eligible Applicant

    Individuals, startups or organisations covered under the scheme guidelines.

  • Project Fit

    A project aligned to the scheme sector, stage and impact requirements.

  • Innovation Focus

    A technology-led, scalable or high-impact solution where required.

Project & Compliance

  • Stage Readiness

    Idea, prototype, MVP or early traction as specified by the programme.

  • Compliance

    Registrations, KYC and statutory documents as applicable.

  • Documentation

    A complete proposal and supporting file ready for agency review.

How To Apply

NIDHI PRAYAS Grant Application Process

Prepare A Complete File, Submit Through The Official Channel And Progress Through Review To Grant Support.

  1. Prepare The Documents
    STEP 01

    PROCESS

    Prepare The Documents

    2

  2. Submit Your Application
    STEP 02

    PROCESS

    Submit Your Application

    3

  3. Application Review
    STEP 03

    PROCESS

    Application Review

    4

  4. Interview & Selection
    STEP 04

    PROCESS

    Interview & Selection

    5

  5. Funding & Support
    STEP 05

    PROCESS

    Funding & Support

    1

  6. Prepare The Documents
    STEP 06

    PROCESS

    Prepare The Documents

    2

Paperwork

Documents Required

Important: Vikas Bharat can help organise a complete, grant-ready documentation file.

  • Prepare a complete, compliant file before submission to improve review speed and approval likelihood.

  • Pitch Deck - A detailed deck explaining the problem, solution, and roadmap. (Refer to grant for ventures for structure).

  • DPIIT Recognition Certificate - Copy of the Startup India recognition certificate.

  • MSME Certificate - MSME Certification for additional credibility.

  • Technology Description and PoC evidence - Proof of concept (PoC) and technical whitepaper.

  • Financial Statements - Audited statements or self-certified balance sheets for the past year.

  • Founder Profiles/CVs - Detailed CVs highlighting technical expertise.

  • IP/Patent details (if any) - Details of patents or IP filings (if any).

What is NIDHI PRAYAS Grant?
NIDHI PRAYAS Grant provides non-dilutive or grant-linked support to qualifying innovators, startups or organisations under its programme guidelines.
What funding support is available?
Selected applicants may receive support of about Up to ₹10L, subject to evaluation and scheme guidelines.
Who is eligible to apply?
Applicants must meet defined innovation, age, and compliance criteria before applying through an authorized PRAYAS center.; Applicant Type: Individuals, Proprietorships, Partnerships, LLPs, or Private Limited companies.; Business Stage: Early stage with a validated PoC or MVP.; C
What documents are required?
Prepare a complete, compliant file before submission to improve review speed and approval likelihood., Pitch Deck - A detailed deck explaining the problem, solution, and roadmap. (Refer to grant for ventures for structure)., DPIIT Recognition Certificate - Copy of the Startup India recognition certificate., MSME Certificate - MSME Certification for additional credibility..
FAQ Quick answers

NIDHI PRAYAS Grant Questions, Answered

Grant Support, Eligibility, Documents And The Application Process.

Still confused?

Talk To Our Experts

What is NIDHI PRAYAS Grant?

NIDHI PRAYAS Grant provides non-dilutive or grant-linked support to qualifying innovators, startups or organisations under its programme guidelines.

What funding support is available?

Who is eligible to apply?

What documents are required?

Talk To Us

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Disclaimer

Vikas Bharat Advisory PRIVATE LIMITED is a private company that provides startup consulting services in India. We help new and growing businesses with professional advice. We are not connected or associated with any Government or Non-Government Department, Office, Agency, or Organization. We only offer consultancy services.

Please note that the information we provide is based on our understanding of current rules and processes. Actual requirements or procedures may vary depending on the concerned approving authority, officials, or agents. Any changes or updates made by these authorities are beyond our control and the information may differ or be updated without prior notice.

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