Nidhi Prayas
Nidhi Prayas
About
DST-NIDHI's PRomoting and Accelerating Young and ASpiring technology entrepreneurs (PRAYAS) is a pre-incubation initiative which supports young innovators to turn their ideas into Proof of Concept.

The program aims to provide a platform to young innovators to generate solutions for relevant local and social problem. PRAYAS will also promote vibrant innovation ecosystem, by establishing a network between innovators, academia, mentors, and incubators by catalyzing the process of commercialization for innovators.

It is implemented by Program Management Unit (PMU) at recognized PRAYAS centres. Kerala Startup Mission (KSUM) is one of the PRAYAS centres.
Latest Updates
NIDHI PRAYAS GRANT SHORTLIST - FIRST LEVEL
View Shortlist
"PRAYAS PITCHING WEEK" will be happening in the Second week of February.
Applications Open
Kerala Startup Mission (KSUM) invites applications for prototype level projects under the NIDHI-PRAYAS scheme of the Department of Science and Technology, Government of India. This grant will primarily be utilized by aspiring innovators to convert their ideas into prototype. The period of prototyping support can be up to 18 months.
Benefits
Funding
Rs.10 lakh (Max) as grant for converting his/ her innovative idea into prototype within 18 months.
Co-working
Shared/Co-working spaces for developing idea into Prototype
Prototyping
Access to infrastructure and prototype building facility
Acceleration
Development of idea from early to commercial stage and mentorship from experienced industry experts
Who Can Apply?
  • An Indian individual innovator with minimum 18 years of age, without a startup or founder of a startup can apply for Prayas grant.
  • The ideas and innovations should be physical product based on technology and science.
  • Innovators should have technical skills or background and a roadmap towards commercialization.
  • Prototype must be capable of being completed within 18 months.
GUIDELINES FOR USE OF FUNDS BY THE PRAYASEE 
  • Outsourcing Charges for R&D / Design Engineering / Consultancy / Testing / Expert cost.
  • Raw material / Consumables / Spares.
  • Fabrication / Synthesis charges of working model or process.
  • Business Travel and Event Participation Fees (Ceiling 10% of approved project cost).
  • Patent filing Cost – (PCT- Celling 10% of approved project cost).
  • Contingency – (Ceiling 10% of approved project cost).
IT WILL NOT BE USED
  • To pay the grantee / relatives.
  • To pay usage charges to the TBI.
  • To repay loans / commitments made earlier.
  • To pay rent of own accommodation, creation of infrastructure facility like shed etc. should not form the component of support / funds.
Application Process
STEP 1 : Call for proposals
STEP 2 : Submission of proposals
STEP 3 : Project Management Committee meeting to scrutinize the application
STEP 4 : Shortlisting of applications
STEP 5 : Approval on the funding announced
Timeline
Application Live: 27 December 2021
Last Date to submit: 10 January 2022
Shortlist Announcement: 25 Jan 2022
NIDHI PRAYS PITCH WEEK: Feb Second Week
G3B, Thejaswini, Technopark Campus, Kariyavattom, Trivandrum, Kerala 695581
08047180470
Contact: Vignesh
Email: nidhiprayas@startupmission.in
FAQ