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Nidhi Prayas Yojna

Description

Nidhi Prayas Yojna: Fostering Innovation and Prototyping for Indian Innovators

As BusinessBadhega.com, we recognize the critical role that innovation plays in driving economic growth. Let’s explore the Nidhi Prayas Yojna, a game-changing initiative that empowers young and aspiring innovators across India.

What is Nidhi Prayas Yojna?

  • Nidhi Prayas Yojna aims to provide prototype funding to convert innovative ideas into tangible prototypes. It bridges the gap between ideation and commercialization.
  • The program encourages innovators to transform their concepts into physical products with the potential for market success.

Nidhi Seed Support: Fueling Innovation

  • Nidhi Seed Support System (NIDHI-SSS) is the backbone of Nidhi Prayas Yojna. Its sole objective is to ensure timely availability of seed support to deserving incubatee startups within incubators.
  • By providing financial assistance, NIDHI-SSS enables startups to take their ventures to the next level and succeed in the marketplace.

What Nidhi-Prayas Program Provides

  1. Grant Support: Innovators can apply for PRAYAS grant support under the program. The grant helps convert science and technology-based ideas into functional prototypes.
  2. Sector Focus: Nidhi Prayas Yojna covers a broad spectrum of science and technology areas, fostering innovation across domains.
  3. Benefits:
    • Grant Amount: Innovators can receive grants of up to INR 10 lakhs.
    • Access to Infrastructure: Participants gain access to lab infrastructure and working spaces as per the policies of the participating centers (PCs).
    • Mentorship: Seasoned mentors guide innovators through the prototyping journey.

Objective

The primary objective of Nidhi Prayas Yojna is to:

  • Convert Ideas into Prototypes: By providing financial support, the program encourages innovators to move beyond theoretical concepts and create functional prototypes.

Eligibility Criteria

To qualify for Nidhi Prayas Yojna:

  1. Innovators: Individuals or founders of startups can apply.
  2. Indian Citizenship: Applicants must be Indian citizens with valid proof of nationality (e.g., passport, voter’s ID).

How Can We Help You?

At BusinessBadhega.com, we’re committed to supporting your innovation journey:

  1. Guidance: Our experts will guide you through the Nidhi Prayas application process.
  2. Documentation Assistance: We’ll help you prepare and organize the necessary documents.
  3. Incentive Insights: Learn about other incentives available to startups and innovators.

Note: Consulting fee + addon other charges

Nidhi Prayas Yojna in Mumbai, Delhi, Chennai, Kolkata, Hyderabad, Bangalore, Kerala, Pondicherry, Bhuvneshwar, Orissa, Assam, Pune, Nagpur, Nashik, Ahmedabad, Surat Vadodara, Chandigarh, Ladakh, Jammu & Kashmir, Haryana, Gurugram, Noida, Varanasi, Kanpur, Lucknow, Bhopal, Indore, Ujjain, Jaipur, Agra, Himachal Pradesh, Andaman & Nicobar, Lakshadweep, Patna, Ranchi
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Ready to turn your idea into reality? Contact us to explore the world of Nidhi Prayas Yojna. Let’s fuel innovation, one prototype at a time!