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NIDHI PRAYAS 2.0

Grant Scheme

Government Grant + Incubation + Prototype Support run by Department of Science & Technology, Government of India; Program Management Unit: SINE, IIT Bombay. Open pan-India.

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Eligibility Assessment

Who Can Apply?

Verified criteria and borrower eligibility guidelines set by the Government of India.

Eligible Entities

Government Grant + Incubation + Prototype Support run by Department of Science & Technology, Government of India; Program Management Unit: SINE, IIT Bombay. Open pan-India.

Program Highlights

Key Features

Core benefits, guarantees, and subsidy structures under this flagship program.

Eligibility Criterion 1

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.

Advantages & Subsidies

Scheme 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.
Step-by-Step Guide

Application Process

Step 01

Eligibility Assessment

Verify criteria and documentation requirements.

Step 02

Documentation & DPR

Prepare DPR, project reports and certifications.

Step 03

Portal Submission

File application through designated government portal.

Step 04

Sanction & Benefit

Track scrutiny, nodal verification, and fund disbursement.

Checklist

Documents Required

Keep the following paperwork ready for instant verification and fast processing.

Udyam Registration Certificate
PAN Card & Aadhaar of Promoters
Bank Statements & Financial Statements
Project Report / DPR (if applicable)
Got Questions?

Frequently Asked Questions

You can apply through the official government portal with the required documentation, or consult Growthora advisory for end-to-end guidance.
Fast-Track Processing

Get Started with NIDHI PRAYAS 2.0

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NIDHI PRAYAS 2.0 - Government Scheme | Growthora