NIDHI PRAYAS
A programme by Vel Tech TBI
Grant support from idea to prototype for young innovators and early startups, run through the incubator under NIDHI. The current call is closed.
At a glance
| Best for | Young innovators and early startups turning an idea into a working prototype. |
|---|---|
| Stage | Idea – Prototype |
| Grant support | For selected startups. A place in the programme does not by itself guarantee a grant. |
| Run with | Department of Science and Technology |
About NIDHI PRAYAS
NIDHI PRAYAS helps young and aspiring innovators turn an idea into a prototype. The priority areas are manufacturing, agriculture, healthcare, clean-tech, energy, water and the Internet of Things, along with other technology areas.
What you get
- Grant support from idea to prototype, paid to the innovator or the startup.
- Use of the incubator's prototyping facilities, including its Fab Lab.
Who can apply
- Indian citizens aged 18 or older, applying as an individual innovator, a team, or a startup.
- Startups must be incorporated in India, with at least 51% of the equity held by Indian citizens, and no more than 7 years old at the time of application.
- Innovators must own the project know-how and the intellectual property, and must be registered with the incubator for pre-incubation or incubation for the whole programme.
- Pure software, e-commerce, service and app-based solutions are not considered.
How selection works: applicants go through the incubator's own selection process. Preference is given to bootstrapped innovators, those with a clear road map to commercialisation, women innovators and young innovators.
How to apply: the current call for applications is closed. Contact the NIDHI PRAYAS team at the incubator for future calls.
Where to apply
Other Vel Tech TBI programmes
- Startup incubation (pre-incubation and post-incubation)Space, funding, mentoring, networking and training for technology startups, in pre-incubation, resident and virtual tracks.
- DST Seed Support System (SSS)Seed support for registered startups incubated at Vel Tech TBI, under the NIDHI programme of the Department of Science and Technology.
- Startup India Seed Fund Scheme (SISFS)Seed funding for proof of concept and prototype development for DPIIT-recognised startups, disbursed through eligible incubators such as Vel Tech TBI.
- Innovation Voucher Programme (IVP), EDII-TN knowledge partnerTamil Nadu voucher scheme that helps manufacturing MSMEs and startups pay for feasibility work, prototyping, testing and IP costs. Vel Tech TBI is the knowledge partner.
- MeitY TIDE 2.0 Entrepreneur-in-Residence (EIR)A 12-month entrepreneur-in-residence fellowship to validate and develop a technology idea to proof of concept, under MeitY TIDE 2.0 at Vel Tech TBI.
- MeitY TIDE 2.0 GrantA 12-month grant for nascent startups and individual innovators moving a proof of concept to a prototype or minimum viable product, under MeitY TIDE 2.0.
- Entrepreneur Development Programme (Stanford Seed Spark, nominated by Vel Tech TBI)Online early-stage founder programme from Stanford GSB. Vel Tech TBI nominates startups to it and lists past cohorts from 2021 to 2024.