Promotion of Research and Innovation in Pharma MedTech sector (PRIP) — Frequently Asked Questions
Answers to the questions founders most often ask about Promotion of Research and Innovation in Pharma MedTech sector (PRIP) — who qualifies, the funding amount, required documents and how the application works.
Frequently asked questions
How much funding is offered under PRIP?
The grant amount ranges from ₹10 lakh to ₹5 crore per project.
What is the application deadline?
The deadline for applications is November 10, 2025.
Who can apply for this scheme?
Only Startups and MSMEs registered in India are eligible to apply.
What technology readiness level is required?
Projects must have completed TRL 1, 2, or 3 and aim to progress up to TRL 5.
Which industry sectors are covered?
The scheme covers pharmaceuticals and medical devices, including new medicines (NCEs, NBEs, phytopharmaceuticals), complex generics, biosimilars, and novel medical devices (AI/ML-based, robotic, IVDs, etc.).
Is industry-academia collaboration mandatory?
No, it is encouraged and given preference in selection, but not mandatory.
Does the scheme take equity?
No, this is a grant (non-dilutive funding) with no equity taken.
Where can I apply?
Applications are submitted online at the official portal: https://prip.pharma-dept.gov.in.
Is DPIIT or MSME registration required?
Yes, eligible entities must be registered as a startup or MSME. While the source does not explicitly require DPIIT or MSME registration, only startups and MSMEs can apply, implying relevant registration is needed.
Who offers Promotion of Research and Innovation in Pharma MedTech sector (PRIP)?
Promotion of Research and Innovation in Pharma MedTech sector (PRIP) is offered by Department of Pharmaceuticals, a government body. It is provided as non-dilutive funding.
How do I apply for Promotion of Research and Innovation in Pharma MedTech sector (PRIP)?
Apply directly through the official application link on this page. Review the eligibility criteria and prepare your startup documents before you begin.
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