Nidhi PRAYAS Grant at IIEC IIT Gandhinagar — Frequently Asked Questions
Answers to the questions founders most often ask about Nidhi PRAYAS Grant at IIEC IIT Gandhinagar — who qualifies, the funding amount, required documents and how the application works.
Frequently asked questions
How much funding is offered under Nidhi PRAYAS?
The program offers a grant of up to ₹10 lakh.
What is the application deadline?
The deadline for applications is August 14, 2025.
Who is eligible to apply?
Indian citizens aged 18 and above, including individual innovators, teams, or startups no more than 7 years old from incorporation. Innovators in employment or students must provide a NOC from their institution. Additionally, annual turnover or funding must not exceed ₹15 lakh for any financial year since inception.
Is DPIIT or MSME registration required?
The provided information does not specify any requirement for DPIIT or MSME registration.
Does the program take equity?
No, Nidhi PRAYAS is a grant program, so it does not take equity. Grants are non-dilutive funding.
What kind of projects are eligible?
Projects must identify a well-defined problem and propose a novel technical solution that leads to a functional prototype within 18 months. The project should have a clear roadmap for commercialization or startup creation. Pure software, e-commerce, app-based solutions, fundamental research, or student academic work are ineligible.
Can I apply if I already received Nidhi PRAYAS support for the same concept?
No, innovators who have already received Nidhi PRAYAS support for the same concept are ineligible.
What documents are typically needed?
The provided facts do not list specific documents. However, a No Objection Certificate (NOC) is required for applicants who are employed or students.
How do I apply?
Applications can be submitted via the online form at https://form.jotform.com/252093632060449 (as provided in the source URL).
Who offers Nidhi PRAYAS Grant at IIEC IIT Gandhinagar?
Nidhi PRAYAS Grant at IIEC IIT Gandhinagar is offered by IIEC, IIT Gandhinagar, an academic institution. It is provided as non-dilutive funding.
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