What is the maximum funding amount available under NIDHI-PRAYAS 2.0?

Innovators can receive up to ₹20 Lakhs under the PRAYAS Centre tier or up to ₹40 Lakhs under the Advance PRAYAS Centre tier.

Is any equity required to receive the PRAYAS grant?

No. The grant is 100% non‑dilutive and incubators cannot demand equity or IP in exchange for support.

Who is eligible to apply for this scheme?

Individual innovators and early‑stage startups (≤5 years old, ≥51% Indian shareholding, turnover <₹1 crore) developing a physical product prototype.

What is the typical duration of the funded project?

The standard project duration is 15 months, extendable up to a maximum of 21 months with committee approval.

Where can applicants access the scheme?

The program is pan‑India and can be accessed through any of the 200+ DST‑recognised PRAYAS incubators/centres across the country.

NIDHI PRAYAS 2.0 – Grant for Indian Hardware Startups

Q: What is the typical duration of the funded project?

The standard project duration is 15 months, extendable up to a maximum of 21 months with committee approval.

Q: Where can applicants access the scheme?

The program is pan‑India and can be accessed through any of the 200+ DST‑recognised PRAYAS incubators/centres across the country.

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NIDHI-PRAYAS 2.0

Government-backed non-dilutive grant offering up to ₹40 Lakh for hardware and deep-tech prototypes across India.

24x7 (Rolling)

Deadline

N/A

Time

Target Stage

IdeationValidationMVP Development

ORGANIZED BY

Department of Science & Technology (DST), Ministry of Science & Technology, Government of India

ORGANIZATION TYPE

Government Body

LOCATION

India

WHO CAN APPLY

Startups

FUNDING

Up to ₹40.0L

EQUITY

About This Opportunity

NIDHI-PRAYAS 2.0 is a DST‑run pre‑incubation grant and hardware prototyping support scheme targeting deep‑tech, hardware, AI, medical devices, defense, clean energy, robotics, quantum computing, AgriTech and advanced engineering solutions. Eligible innovators—individuals or startups less than five years old with ≥51% Indian shareholding and turnover below ₹1 crore—receive up to ₹20 Lakhs (PRAYAS Centre) or ₹40 Lakhs (Advance PRAYAS Centre) for a 15‑month prototype development cycle (extendable to 21 months). The grant is non‑dilutive, with no equity or IP claim, and includes a sustenance allowance of up to 20% of the grant amount. The scheme is accessible pan‑India through more than 200 DST‑recognised incubators.

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NIDHI-PRAYAS 2.0

NIDHI-PRAYAS 2.0

Summary

About This Opportunity

Support & Benefits

Eligibility & Requirements

Application Process

Support & Contact

Frequently Asked Questions

What is the maximum funding amount available under NIDHI-PRAYAS 2.0?

Is any equity required to receive the PRAYAS grant?

Who is eligible to apply for this scheme?

What is the typical duration of the funded project?

Where can applicants access the scheme?

Ready to take the next step?

Similar Opportunities

More Opportunities

NIDHI-PRAYAS 2.0

NIDHI-PRAYAS 2.0

Summary

About This Opportunity

Support & Benefits

Eligibility & Requirements

Application Process

Support & Contact

Frequently Asked Questions

What is the maximum funding amount available under NIDHI-PRAYAS 2.0?Expand or collapse

What is the maximum funding amount available under NIDHI-PRAYAS 2.0?

Is any equity required to receive the PRAYAS grant?Expand or collapse

Is any equity required to receive the PRAYAS grant?

Who is eligible to apply for this scheme?Expand or collapse

Who is eligible to apply for this scheme?

What is the typical duration of the funded project?Expand or collapse

What is the typical duration of the funded project?

Where can applicants access the scheme?Expand or collapse

Where can applicants access the scheme?

Ready to take the next step?