Call for Grant Applications – Amrita TBI NIDHI-PRAYAS Programme 2024
Application Deadline:
8th December 2024
About Organisation
Amrita Technology Business Incubator (Amrita TBI) is a non-profit incubator supported by the Government of India and Amrita Vishwa Vidyapeetham. It is one of the approved NIDHI-PRAYAS centres under the National Science & Technology Entrepreneurship Development Board (NSTEDB), aimed at nurturing startups, innovators, and entrepreneurs. Amrita TBI provides funding, mentorship, and resources to help transform innovative ideas into viable prototypes, especially in technology-driven sectors such as agriculture, healthcare, clean tech, and energy. With incubation and co-working spaces in Kollam, Bengaluru, and Coimbatore, Amrita TBI supports aspiring entrepreneurs by connecting them to a vast network of experts, investors, and facilities to bring their ideas to market.
About the Grant
The NIDHI-PRAYAS Programme offers a grant for innovators and startups to develop their ideas into prototypes. The program is designed to support individuals and teams by providing financial aid, resources, and guidance. This grant is particularly focused on promoting innovations in sectors like agriculture, manufacturing, healthcare, and clean tech. It offers up to Rs 10 Lakhs for prototype development, with additional benefits such as access to incubation spaces, mentoring from industry experts, and networking opportunities with investors. The program is open to individuals who can make significant strides in commercializing their technologies or building a startup.
Who can Apply?
To be eligible, applicants must be Indian citizens aged 18 or older. The program is open to individual applicants, though a group may apply if a single lead applicant is designated. Team members may be involved, but financial support will only be provided to the lead applicant. Student applicants are not eligible unless they can commercially exploit the technology, and academic professionals or professors in teaching roles are also excluded. Preference is given to innovators who have either self-funded their projects or secured co-investment commitments, women innovators, and young innovators. The applicant must commit to the full duration of the incubation program.
How to Apply?
Submit an application through Amrita TBI’s NIDHI-PRAYAS program, detailing your project idea, its potential for commercialization, and the prototype development plan. Ensure compliance with the eligibility criteria.
Application Deadline
The application deadline for the NIDHI-PRAYAS Programme is 8th December 2024.
Last Date To Apply
For more information, please visit the grant website here.
