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NIDHI PRAYAS (Promoting and Accelerating Young and Aspiring Innovators)

Central Scheme (All India) MSME & Industry Application Mode: ONLINE Active
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Verified Scheme Data Profile

This profile has been independently compiled from official gazette notifications and verified web domains. Source Authority Link: dst.gov.in Authority: Ministry of MSME • State/Region: Central Scheme (All India) • Last Audited: 29 Jul 2026

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Provides up to Rs. 10 Lakhs to individual innovators for translating an idea into a prototype.

Detailed Summary

NIDHI PRAYAS supports innovators at the ideation stage through TBI-hosted PRAYAS centres with prototyping facilities.

Key Benefits & Financial Assistance

Comparison Criteria Benefits
Key Benefits
  • Up to Rs. 10 Lakhs per innovator for prototype development.
  • Access to fabrication labs and mentorship.

Eligibility Criteria Profile

Comparison Criteria Eligibility
  • Individual innovators and aspiring entrepreneurs with a novel idea.

Application Process Guide

  1. Apply through DST-supported Technology Business Incubators hosting PRAYAS Centres.