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  3. NIDHI PRAYAS Program at DERBI Foundation
Open to startups registered in India

NIDHI PRAYAS Program at DERBI Foundation

DERBI Foundation

About This Scheme

Grant-based prototype development support for young Indian innovators with hardware ideas, run by DERBI Foundation under DST's NIDHI PRAYAS program.

The NIDHI-PRomoting and Accelerating Young and Aspiring Technology Entrepreneurs (PRAYAS) program at DERBI Foundation is designed to help young innovators convert their technology-driven ideas into physical prototypes. As part of a national initiative by the Department of Science & Technology, the program aims to build a vibrant innovation ecosystem by providing crucial support to idea-stage entrepreneurs who offer a physical product. The scheme is focused on nurturing ideas into successful startups.

Benefits

  • Up to ₹10,00,000 grant for development of a physical product/hardware prototype.
  • No equity or repayment required (not explicitly stated but typically grant-based).

How to Apply

Closed

Quick Info

Amount / Funding
Up to ₹10 Lakhs
State / Region
Open to startups registered in India
Ministry / Dept
DERBI Foundation
Tags
Grant