Service
NIDHI PRAYAS 2.0
Government Grant + Incubation + Prototype Support run by Department of Science & Technology, Government of India; Program Management Unit: SINE, IIT Bombay. Open pan-India.
About this Service
Growthora provides comprehensive solutions for NIDHI PRAYAS 2.0. We ensure full compliance and seamless execution so you can focus on growing your business.
Key Benefits
- For Incubators: Prototype grant up to ₹2 Cr for PRAYAS Centres and up to ₹4 Cr for Advance PRAYAS Centres. Fab Lab support up to ₹1.5 Cr. For Innovators: Grant support up to ₹20 Lakh through PC and up to ₹40 Lakh through APC for deep-tech/advanced prototypes.
Eligibility Criteria
- For Incubators: Eligible incubators can apply to become PRAYAS Centres or Advance PRAYAS Centres. For Innovators/Startups: Individual innovators/startups with technology-based ideas/prototypes; new applicants can apply through PC/APC as per innovation stage. Prior PRAYAS 1.0 beneficiaries can apply only through APC, subject to overall grant cap.
Documents Required
Basic KYC, business registration certificates, and project reports if applicable.
Frequently Asked Questions
What is the timeline for NIDHI PRAYAS 2.0?
The standard timeline depends on government processing, typically ranging from a few days to a few weeks.
What documents are required?
Standard KYC documents (Aadhaar, PAN, Address Proof) and business entity documents are required.
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NIDHI PRAYAS 2.0
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