NIDHI PRAYAS Cycle 4 at TIDES is part of DST's NIDHI-PRAYAS national scheme — Promoting and Accelerating Young and Aspiring Innovators & Startups — implemented through TIDES, the Technology Business Incubator at IIT Roorkee. The program provides grants of up to ₹10 lakhs to idea-stage innovators who need funding specifically to develop a physical hardware prototype. Applicants must be Indian citizens aged 18 or above with an innovative product-based concept.
Selected innovators receive prototype development funding, access to TIDES laboratories and equipment, mentorship from experienced professionals, co-working space within the IIT Roorkee campus, and assistance with business development, IP management, and legal compliance. Priority technology areas include manufacturing, agriculture, healthcare, clean-tech, energy, water, AI/ML, and IoT. The program is fully funded by the Department of Science & Technology, Government of India.
