DST Nidhi Prayas

Transform your business idea into a successful startup through NIDHI PRAYAS


Objectives

Click Here to Register

Application Deadline : 15.11.2021




  • To enable translation of an innovative idea to a prototype.
  • To provide a platform for faster experimentation and modify approaches in the idea to market journey.
  • To generate innovative solutions relevant to the local and global problems.
  • To attract a large number of youth who demonstrates problem solving zeal and abilities
  • To work on their new technology/knowledge/innovation based startups.
  • To enhance the pipeline in terms of quality and quantity of innovative startups to the incubators.
  • To build a vibrant innovation ecosystem, by establishing a network between innovators, academia, mentors and incubators.

NIDHI- PRAYAS Program as the scheme suggest is to help – young and aspiring innovators. The focus is to provide support/funding from idea to prototype.


The priority areas for supporting innovations under NIDHI PRAYAS program are manufacturing, agriculture, healthcare, clean-tech, energy, water and Internet of Things (IOT) and other technology areas.


The maximum support can be provided per innovator/incubatee is upto Rs. 10 lakhs.



Eligibility for Innovators for PRAYAS support

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 / Start up.

It cannot, however, be used for supporting:

  • Innovators / Startup who do not / will not own the Project know how/ IP.
  • Funding research / student internship in Academic institution or R& D organisation.
  • Innovators /Team/ Startup who is already supported once under NIDHI PRAYAS.
  • Innovators who do not have the necessary NOC on IP, granting sufficient time to work on PRAYAS project from their respective organisation / institution.
  • Innovator supported under NIDHI-EIR in parallel with NIDHI-PRAYAS.
  • Innovators who do not have a roadmap / will towards commercialization.

The eligibility criteria for the applicants are as follows

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 knowhow of the PRAYAS project. For team of innovators there has to be –

  • An agreement among the team about the lead innovator who would apply, and the funds will be transferred to the lead innovator’s account (after selection)
  • IP generated would vest with the innovator / team and it would be further taken for commercialization

2. In case of Founders, Co -founders of Startup applying for PRAYAS:-

  • At the time of application, the period of existence of a Startup and its operations should not exceed 7 years from the Date of Incorporation,
  • Wants to develop the prototype for a new product, for which they may have not received similar kind of support.
  • Company should have annual turnover not exceeding Rs. 25 lakhs for any of the financial year since its inception.
  • IP generated would vest with the Startup

3. Innovators in employment OR Students with any R& D organisation/Academic Institution

  • It is mandatory that the innovators pursuing PRAYAS should have the Project know how and own the IP.
  • The innovator has to seek the NOC from their organisation / institution. The NOC should have the following
  • A. Permission to apply for PRAYAS and the innovator will be granted sufficient time to work on the PRAYAS project,
  • B. IP generated would vest with the innovator / team and it would be further taken for commercialization

4. Preference may be given to those innovators

  • Who have bootstrapped or have got co-investment commitment
  • Who have clear road map for commercialization or start up creation
  • Women innovators
  • Young innovators

5. NIDHI-PRAYAS grantee should be fully committed to work towards the prototype development for which the support is being sought and should not treat this as a stop gap arrangement to support any other pursuits.

6. The innovator can avail the NIDHI-PRAYAS support only once and they should not have sought the similar support previously, from other Government of India organisation/Institution for the same innovative concept as proposed in the application form.

Restrictions for PRAYAS

  •    Student applicants pursuing long term research projects like doctoral research projects or similar projects will not be supported
  •    Professors or Academicians engaged in teaching with any academic or R&D institute.
  •    The projects relating to software development and those involving pure academic research are not eligible.

Grant Approved Praysee's

List of Innovative Ideas Supported in FIRST Year



Formats for Progress Report and UC/SE to Prayasee’s

Facilities Available at Vel Tech – DST Prayas Shala Fab Lab




Prototyping Facility




3D PRINTING

STRATASYS F270 3D Printer to make Rapid Prototyping more Accessible and Productive. The option of up to three different materials along with easy - to - remove soluble support material.

  •    305 x 254 x 305 mm build envelope
  •    3 materials – ABS, PLA & ASA
  •    Grab CAD Print
  •    4 slice heights (0.330mm, 0.254mm, 0.178mm & 0.127mm)
  •    4 material bays
  •    Auto material change-over

PCB Printing Machine

Brand - LPKF Laser & Electronics AG


Model - LPKF ProtoMat E34


Specification –

  •    Material size - 229 mm x 305 mm x 5mm

Operational area -

  •    Drills holes, Lays down the track, Dispenses solder paste, Reflow SMDs into Your Circuit

Metalworking Facility




CNC Machines - Milling & Router

The innovators to iterate their Ideas with help of digital fabrication facilities. The facility includes wide range of equipments like,

  •    CNC Milling Machine
    Table size - 250 mm x 700 mm
    Travel- X-350mm, Y-200mm, Z-300mm
  •    CNC Router machine
    Table size - 600 mm x 600mm x 100mm

Software- Mach 3

Electronic




Digital CRO

Brand - Tektronix


Model - TDS2024C


Specification –

  •    200MHz-2GS/s-4-CH-TFT color, Input Voltage: 100 VAC to 240 VAC

Operational area -

  •    Benchtop Oscilloscopes Oscilloscope; Digital Storage 200MHz 2GS/s 4-CH TFT Color Display USB Ports certificate of traceable calibration standard

Soldering Gun

Brand - Weller


Model - Weller WE 1010


Specification –

  •    Weller WE 1010 Soldering Station, 230V

Operational area -

  •    Soldering work station

Blower

Brand - Leister Technologies India pvt.Ltd,


Model - MISTRAL 6 System 230V/3400W


Microcontroller programming tool

Brand - Xilinx Inc,


Model - Xilinix ZYNQ All Programmable SOC ZC702


PCB Software(Eagle)

Brand - Autodesk


Keil Software

Brand - Embedded Systems Solutions


Model - Keil MDK-PRO-ED25


Specification –

  •    Software: MDK-ARM Microcontroller Development Kit

Low Cost Multipurpose Endurance Drone DIY Kit

Brand - Dazzle Robotics


Model - Pixhawk FSi6 1Kg (RKI-1973)


18DOF 6Legged Intelligent Hexapod DIY Project w/t Servo Control

Brand - Dazzle Robotics


Model - RKI-2526


Servo Upgrade 18 x RKI-1204 Metal Gear Servo

17DOF Humanoid Aluminium Frame DIY with 18 servo Controller

Brand - Dazzle Robotics


Model - RKI-2524


Servo Upgrade 17 x RKI-1206 METAL GEAR DUAL SHAFT 16KGCM Servo

Rapid Robot Platform for Robocon

Brand - Dazzle Robotics


Model - RKI-4072


Streak RC

Brand - Dazzle Robotics


Model - RKI-2370


All Terrain Robot Ready to use with 1Km Range

All Terrain Robot, 6 wheel drive with Independent wheel suspension

Brand - Dazzle Robotics


Model - RKI-6023


Ready to use with 1Km Range of radio controller

Raspberry Pi 3 Model B+ Kit

Brand - Quality Quest Engineers

Model - Raspberry Pi 3 Model B+ Kit


Specification –

  •    including 1 x Raspberry Pi 3 Model B+ 1 x Micro USB Power supply 5V,3A 1 x Raspberry Pi 3 Model B/B+ case (Red+White), 1 x RJ45 Ethernet patch LAN cable 1 x HDMI to HDMI cable (Black colour) 1 x High Quality 16 GB Class 10 SD Card 1 x USB SD card Reader,
  •    Arduino Mega 2560 REV 3 with USB Cable
  •    OLED Displauy Screen 128x64
  •    Raspberry PI camera
  •    Finger clip Heart rate Sensor
  •    Bluetooth Module
  •    Sensors

Resistors, Capacitors, Diode,IC, Variable resistance, Copper clad, Rechargeable battery(4V),Battery

Brand - Texonic


Operation area -Prototyping


Mechanical Tools




MTRL,FDM,((M), PLA BLK, 60CI MTRL,FDM,(M), ABS M 30 IVR, 60 CI MTRL,FDM,(M), ASA IVR, 60CI ,FDM SUPPORT SR-35 60CI ,F270 STANDARD MODELING BASES-PACK OF 16, ECOWORKS CLEANING AGENT, DEBURING MACHINE, OIL STONE, AIR GUN, Magnetic stand, Magnetic dial, Precision vice, C CLAMP SET, Wrench,ER 32 COLLECT SET, PRALLEL BLOCK,ANGLE PLATE

Brand - VGK Enterprises


Other General Measuring tools & hand tools

Brand - VGK Enterprises


Contact Us

Dr. P Chandrakumar,

Head, Vel Tech TBI

Vel Tech RangarajanDr.Sagunthala R&D Institute of Science and Technology.

Contact Number: 9940024007

Email Id: veltechtbi@veltech.edu.in

For More details about Nidhi Prayas Contact

Mr. Shaju N S

Manager – Nidhi Prayas

Contact Number: 9600040252

Email Id: nidhiprayas@veltech.edu.in


Ms. Lavanya

Asst. Manager - NIDHI PRAYAS

Contact Number: 7358024828

Email Id: dindoffice@veltech.edu.in

Nidhi Prayas Grant Funded Incubatees

S.No. Name of Innovator Company name Title of the project Domain of the Project Total Amount Sanctioned
1 Srinivasan Yagnanarayanan Square comp Solutions (MSME - Proprietary) Virtual Reality Headsets for Smartphones Manufacturing 9,50,000
2 Raghuveer Ramachandra GaloreTX Pharmaceuticals Private Limited Discovery of a selective and orally bio available small molecule inhibitor of CTLA-4 for immunotherapy of cancer Health Care 10,00,000
3 Aadhitya Fearless thinkers (MSME-Partnership) Bio-Combin Clean 8,10,000
4 Rudresh Karn O Print (MSME-Partnership) O Print (Low cost 3D printed cosmetics) Manufacturing 30,000
5 Hemalatha.P Smart Dustbins (MSME-Proprietary) Smart garbage Monitoring System Manufacturing 30,000
6 Manova L.M Haastofix (MSME-Partnership) Aquatic Drone Water 5,00,000
7 Singaravelan V Kaveri Aerospace (MSME-Partnership) Production of Low Cost Portable Brown's Gas Torch Energy 7,30,000
8 Santhosh Muralidharan Blinkeyelabs Electronics Private Limited AI based IoT Automotive Solution IoT 10,00,000
9 Kaviyarasu P Virtual Sapiens(MSME-Proprietary) Virtual Sapiens Development of Virtual Reality based Teleportation bot for remote access Manufacturing 5,00,000
10 Preetha.T.S Electric solar vehicle(MSME-Partnership) Electric Solar Vehicle-Car Frame Design and HUB Motor Driving System Energy 30,000
11 Sathyanarayanan A R Embright Infotech Pvt Ltd Auticare - An Autism Diagnosis & Therapy Module Health Care 10,00,000
12 Lakshana Krishnan Lak’s Handloom Creations (MSME-Partnership) Laks Handloom Creations Manufacturing 3,00,000
13 Parithi Govindaraju Okulo Aerospace Private Ltd Solar Powered High Endurance Aircraft for Remote Operations (SPHEARO) Energy 9,00,000
14 Murugesh Kumar SK SCERMLIND Healthcare Innovation Pvt Ltd URUFIT IoT 4,00,000
15 Deepak Kumar D.R GreenPod Labs Private Limited GreenPod Active Packaging Agriculture 5,00,000
16 Manasa Gonchigar Pure Scan AI Private Ltd. Pure Scan AI Agriculture 4,20,000
17 Siddharth D MedMorph3D, Pris3D smart technologies LLP Surgical Simulator using virtual reality & haptics technologies Health Care 9,00,000
18 Dr. Chitra. K Jeshron Biotech Solution Private Limited, Chennai Fabrication Of Novel Bovine Teat Cup For Prevention Of Mastitis In Dairy Farms Manufacturing 8,25,000
19 Janakiraman JK Technologies (as a partnership Firm), Bangalore Retinal Imaging System Health Care 7,50,000
20 Mr. Rayala Yoganadha Sai Garage Valley Private Limited, Hyderabad Automatic Sanitizer Dispenser Health Care 3,50,000
21 Mr. Sabariswaran S Brain Buds (MSME - Proprietary) Ergonomic wheelchair for geriatric care Manufacturing 8,50,000
22 Prajwal Shetty Samyama Sahyadri Tech LLP Early detection of breast cancer through thermal screening Health Care 730000
23 Sravan Kumar Charge IT UP (MSME - Proprietary) CU REGEN for electric vehicle Energy 520000
24 Rudra Nath Ghosh Regenco Innovation Private Limited Affordable 3D Bio-printed skin templates as a Commercially viable skin Substitute Health Care 900000
25 Rishi Agarwal Ayusla Private Limited. Ayurvedic Personalized Nutrition Companion Health Care 875000
26 Nirosh Kumar GO THRIVE Technologies (OPC) Private Limited I Pract-ace - Intelligent Player Assist IoT 948000
27 Dr. Kalaiarasi THREMEAR Private Limited A diagnostic strip adhered menstrual pad for early detection of hormonal imbalance in women Health Care 504000
28 Paul Pradeep J Medcuore Medical Solutions Private Limited ARIA - Smart Oxygen Concentrator with Integrated Air Quality and Vital Sign Monitor Health Care 905000
29 Subramanian S Individual Innovator Smart inverter battery trolley with active cooling system Manufacturing 243000
30 Mandar Waghmare Newtons Apple Security Solutions LLP NATASHA - Secure Home Assistant IoT 600000
31 Dr Jasmine Shanthi Biomed Implants and Research Technologies LLP Novel Interphalangeal and metacarpophalangeal joint implants for patients with injured or damaged joints Health Care 600000
32 Dr. Reshma Ayswaria Microbolite Private Limited Lab scale prototyping of a Biodegradable modal fiber dressing fabric finished with natural antibacterial compound for enhanced wound healing Health Care 300000