Unlocking Innovation: The NIDHI-PRAYAS Program for Young Entrepreneurs

Introduction to NIDHI-PRAYAS

The NIDHI-PRAYAS program, initiated by the Department of Science and Technology (DST) of India, is aimed at promoting and accelerating young innovators and aspiring startups. The program is designed to support innovative ideas and help translate these concepts into tangible prototypes. With a focus on turning technology ideas into working products, NIDHI-PRAYAS enhances the entrepreneurial landscape by aligning with the Atmanirbhar Bharat mission, fostering indigenously developed solutions.

Key Features of NIDHI-PRAYAS

NIDHI-PRAYAS offers financial support of up to INR 10 lakhs for innovators and startups. Beneficiaries gain access to various infrastructure facilities at Technology Business Incubators (TBIs), mentoring, technical guidance, and valuable industry connections. This support system is crucial for converting innovative ideas into commercially viable prototypes, enabling participants to navigate their journey from concept to market successfully.

Application Process and Objectives

The objectives of the NIDHI-PRAYAS program include enabling the translation of innovative concepts into prototypes, fostering rapid experimentation, and generating solutions that address local and global challenges. Interested students and innovators can apply for support through designated NIDHI-PRAYAS centers located at selected TBIs. The program not only aims to enhance the pipeline of innovative startups but also strives to build a vibrant innovation ecosystem by connecting innovators, academia, mentors, and incubators.

To apply for the NIDHI-PRAYAS program or to learn more about its offerings, visit the official website: NIDHI-PRAYAS.

Apply by 10th July 2025

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