Brief Description

NIDHI- PRAYAS Program aims at providing prototype funding to convert Proof-of-concept into prototype to young and aspiring innovators for a product that has potential for commercialization. The maximum funding support to an innovator/startup will be up to 10 lakhs.


Sector Focus

The priority areas for supporting innovations under NIDHI PRAYAS program are manufacturing, agriculture, healthcare, clean-tech, energy, water and Internet of Things (IOT) and other technology areas. Projects related to Pure Software development, Ecommerce, Service, App based solutions, beyond prototype level cannot be supported under NIDHI-PRAYAS


    • Funding for hardware prototype development of Rs 10 Lakhs
    • Access to Labs and mentorship.
    • TIDES Co-working space.
    • Translation of an innovative idea to a prototype.
    • To provide a platform for faster experimentation and modify approaches in the idea to market
    •  To generate innovative solutions relevant to the local and global problems.
    • Any individual applying for PRAYAS has to be an Indian Citizen with a government approved
      proof of nationality such as a valid passport, voter’s id etc.
    • The applicant should be in the age group of minimum of 18 years, as on date of application
    • To know complete eligibility process, please download: Eligibility Criteria
    • Project duration of 12 to 18 month
Call For Application

Contact Us

TIDES: TIDES Business Incubator, Hafiz Ibrahim Building, IIT-Roorkee, Uttarakhand - 247667

TIDES: TIDES, Bio Incubator 2nd & 3rd Floor, Multi-activity Center, IIT Roorkee 247667

Contact Us

TIDES: TIDES Business Incubator, Plot No-20, Knowledge Park 2, IIT Roorkee, Greater Noida - 203106, India

TIDES - IIT-Roorkee © 2022. All Rights Reserved