GovernmentCentral Verified 2026-07-05

NIDHI-PRAYAS (Promoting and Accelerating Young and Aspiring Innovators and Startups)

Proof-of-concept stage support providing mentoring and financial assistance of up to Rs 10 lakh to an innovator/startup for converting ideas into prototypes.

Maximum benefit value

₹10 L

Eligibility

  • Young innovators / aspiring entrepreneurs / startups at proof-of-concept / prototype stage
  • Application through a DST-recognised PRAYAS Centre / incubator

How to apply

Innovators apply through DST-supported PRAYAS Centres/incubators hosted at recognised institutions. Selected innovators receive mentoring and financial support to convert ideas into prototypes.

Required documents

  • Prototype/idea proposal
  • Applicant identity and academic/entity details as required by the PRAYAS Centre

Official sources

Verification notes

Verified via nidhi.dst.gov.in and PIB. Maximum support up to Rs 10 lakh per innovator/startup at PoC stage (maxValueInINR = Rs 10 lakh). [AI-gathered from official sources on 2026-07-05; needs team review]