FUNDING & STARTUP SUPPORT
NIDHI PRAYAS
Prototype-development grant
Programme overview
Supports conversion of an innovative idea into a physical prototype, including manufacturing, agriculture, healthcare, clean technology, energy, water and IoT.
Eligibility and conditions
- Indian individual aged at least 18 with completed science/engineering degree education; early-stage founders and startups under two years are described.
- Physical-product development; software-only projects and purely academic research are excluded.
- No similar earlier support for the proposed prototype; full commitment and incubation throughout the programme.
- Obtain institutional permission for employment/study and any institutional IP being used. The source excludes teaching academics and long-term research projects.
What support is offered?
- Prototype funding and fabrication facilities.
- Technical, IP, legal, regulatory and business mentoring.
- Preference for women, young innovators, committed co-investment and clear commercialisation pathways.
Application and selection
Prepare a business plan, investment pitch, citizenship proof, photograph, applicable category certificate and necessary institutional/IP permissions. The incubator screens and evaluates proposals.
Speak to the programme team
Ask KIIT-TBI for the current call and application route. A listing here does not indicate that applications are open.
Programme details adapted from MTIF’s linked KIIT-TBI NIDHI PRAYAS information. Campus 11, KIIT-DU, Bhubaneswar, Odisha 751024.
Information checked on 26 September 2026. Awards depend on the current call, assessment and scheme terms.