CIIC

NIDHI – PRAYAS Program

“Prototyping is a key milestone for any innovator in their journey of building a startup”

The NIDHI PRAYAS Scheme is designed to support aspiring entrepreneurs and innovators in transforming their ideas into prototypes. It provides financial and infrastructural assistance to create a foundation for commercializing novel technologies and products.

Key Highlights of NIDHI PRAYAS

  • Objective: To support idea-stage entrepreneurs and innovators by providing assistance for prototype development, enabling them to advance towards commercialization.

  • Focus Areas: The scheme targets innovations with high societal impact and market potential, encouraging young innovators and entrepreneurs to bridge the gap between idea generation and product development.

Domains Focus Area

Life Sciences

  • Bio-Pharma
  • Bio-Energy
  • Bio-Services
  • Bio-Industry
  • Med-Tech
  • Agri-Tech

Smart & Clean Mobility

  • Drone Technology
  • Smart & Non Fossil Fuel
  • Vehicles
  • Electric Vehicles
  • EV Battery Management
  • Autonomous Navigation

Industry 4.0

  • AI, IoT, ML
  • AR/VR Cloud Computing
  • Automation
  • Simulation Integration
  • BIG Data
  • Cyber Security
  • Robotics

Eligibility Criteria

Nationality & Age
Be Indian citizens above 18 years of age.
Startup Stage
Be at the idea stage, with no established startups at the time of application.
Funding
Eligible innovators can receive funding of up to ₹10 lakh under the NIDHI PRAYAS
Legal Complainces
Not have availed significant funding from any other government schemes for the same idea.

Benefited Startups

For Guidelines 

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Contact with us

If you are a startup looking to benefit from GENESIS or need guidance on the application process, feel free to reach out to us. Together, we can pave the way for a brighter and more innovative future.

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