NIDHI Prayas, Deshpande Startups deshpande foundation


A NIDHI-PRomotion and Acceleration of Young and Aspiring technology entrepreneur (NIDHI-PRAYAS) - Support from Idea to Prototype, is the scheme under NIDHI, aimed at addressing the gap in the very early stage of an idea/proof of concept funding. The NIDHI-PRAYAS program focuses on addressing the idea to prototype funding gaps.

Deshpande Startups is one of the approved NIDHI-PRAYAS centers by DST, Govt of India. The innovators selected under this scheme by Deshpande Startups, i.e, the Prayasee will primarily utilise the funds to convert their ideas into prototype.

Objectives of NIDHI-PRAYAS:


The PRAYAS program is focused to provide funding support to individual innovators. Innovators should use the PRAYAS grant, primarily to convert their ideas into prototype. The IP generated if any, should vest with the innovator/startup.

Are you eligible? (Eligibility criteria)

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.

1. Individual Innovator or Team of innovators:

The innovator should have the know-how of the PRAYAS project.
For team of innovators there has to be

2. In case of founders, co-founders of startup applying for PRAYAS:

3. Innovators in employment or students with any R&D organization/academic institution:

It cannot, however, be used for supporting:

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We are located at

  Deshpande Startups,
Next to Airport, Opp to Gokul Village, Gokul Road, Hubballi, Karnataka.