NIDHI- PRAYAS Program aims at providing prototype funding to convert idea into prototype to young and aspiring innovators.
Innovators should use the PRAYAS grant primarily convert their ideas into prototype of a product that has potential for commercialization.
The IP generated if any, should vest with the Innovator or the Start up.
The maximum funding support to an innovator/startup will be upto 10 lakhs, however the final amount is subject to the approval of Monitoring committee of a PRAYAS centre.