Central GovernmentVerified

PRISM (Promoting Innovations in Individuals, Start-ups and MSMEs): Category-1: Proof of Concept/ Prototypes/ Models

Ministry: Ministry Of Science And Technology

Department: Department of Scientific and Industrial Research

The scheme aims to support individual innovators which will enable them to achieve the agenda of inclusive development - one of the thrust areas of the XIIth five-year plan (2012-2017). The proposals shall preferably be considered in the following focus sectors: Green technology, Clean energy, etc.

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About This Scheme

The scheme "PRISM (Promoting Innovations in Individuals, Start-ups and MSMEs)" by the Department of Scientific and Industrial Research, Ministry of Science and Technology, aims to support individual innovators which will enable them to achieve the agenda of inclusive development - one of the thrust areas of XIIth five year plan (2012-2017). It would also provide support to institutions or organizations set up as Autonomous Organizations under a specific statute or as a society registered under the Societies Registration Act, 1860 or Indian Trusts Act, 1882 leading to the development of state-of-the-art new technology solutions aimed at helping MSME clusters. Thrust Areas: The proposals shall preferably be considered in the following focus sectors: Green technology, Clean energy, Industrially utilizable smart materials, Waste to Wealth, Affordable Healthcare, Water and sewage Management and any other technology or knowledge-intensive area. > Contact Us Scientist 'G' and Head Promoting Innovations in Individuals, Start-ups and MSMEs (PRISM) Department of Scientific and Industrial Research, Technology Bhawan New Mehrauli Road, New Delhi-110016. Phone: 011- 26590394; E-mail: skdpande@nic.in ; pkdutta@nic.in Scientist 'E' and Member Secretary Promoting Innovations in Individuals, Start-ups and MSMEs (PRISM) Department of Scientific and Industrial Research, Technology Bhawan New Mehrauli Road, New Delhi-110016. Phone: 011- 26590364; E-mail: tripta.garg@nic.in

Benefits

₹5.0 L

Project cost up to ₹5,00,000 to help Innovators convert their ideas into demonstrable models/prototypes. - Maximum support under this category is ₹2,00,000 or 90% of the approved project cost, whichever is lower.

NOTE 1: The financial support is not an award or a prize or a research fellowship. The financial support is provided for the work to be undertaken.

NOTE 2: Elements like self-salary, rent of own accommodation, creation of infrastructure facility like shed etc should not form the component of support/funds. The support/funds should be mainly for prototype development work/proof of concept.

Eligibility

Note: You may be eligible based on the information shown. Please verify the official eligibility requirements before applying.

Required Documents

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Signed Copy of Application
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Proof of Residence
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Innovation (Brief description of the idea highlighting innovative element)
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Documentary Proof of Prior Work (video, photo, press coverage etc)
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Work Planned
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Profile of Potential User
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Copy of Aadhaar Card
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Residence Certificate issued by a Sub-Divisional Magistrate(SDM)/District Magistrate(DM) or a copy of a ration card or any other document regarding proof of residence
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PAN Number and a copy of the latest Income Tax Returns filed (In case the applicant is an Income Tax Payer)
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Students will have to provide a ` No Objection Certificate ’ from the Head of their institutions, on the institutions’ letter-head along with their application and the commitment from the institutions that the project will be taken to its logical conclusion by the student/concerned faculty.

✦ Required ◦ Optional

How to Apply

IIn-person

Quick Info

Level: Central Government
Max benefit: ₹5.0 L