DST – Funding Agency

Center

Program Management Unit

NSTEDB/DST/GoI supported  National Initiative for Developing and Harnessing Innovation (NIDHI) - PRomotion and Acceleration of Young and ASpiring innovators and start-ups (PRAYAS) program focuses on supporting innovators to develop their innovative idea into prototype.

This scheme is to attract a large number of youngsters to come forward to try out their ideas without actually worrying about the failure. NIDHI-PRAYAS is positioned as a pre-incubation initiative.

Objectives of NIDHI- PRAYAS

    • To enable translation of an innovative idea to a prototype.
    • To provide a platform for faster experimentation and modify approaches in the idea to market journey.
    • To generate innovative solutions relevant to the local and global problems.
    • To attract a large number of youth who demonstrates problem solving zeal and abilities to work on their new technology/knowledge/innovation based startups.
    • To enhance the pipeline in terms of quality and quantity of innovative start ups to the incubators.
    • To build a vibrant innovation ecosystem, by establishing a network between innovators, academia, mentors and incubators.

Benefits to Innovators under the NIDHI-PRAYAS  :

      • Rs.10 lakh (Max) as grant for converting his/ her innovative idea into prototype within 18 months.
      • Access to infrastructure and prototype building facility and mentorship
      • Shared / Co-working spaces for developing idea into Prototype.

To apply download the following

Application are closed

Disclaimer
  • The applications received under the program, are subject to due diligence of screening process.
  • Screening will also be subject to the parameters other than the eligibility, such as Innovation, Potential for commercialization and startup creation, Team capability and Commitments etc.,
  • Screening of applications will take 6 weeks, from the date of closure of call for application submission.
  • Only selected candidates will be notified/informed through email about the final presentation to the Project Monitoring Committee. No communication from TBI@KEC within the timeframe may be deemed as non-selection of your application for the program.
  • The decision of the screening committee for approval and funding support will be final, firm and binding.
  • The approved applicants will have to agree for Pre incubation / Incubation with TBI@KEC as per its policy/terms
  • TBI@KEC will not provide any suggestion/ explanation with regards to the applications that are not shortlisted / selected.