ABIS –TBI - TNAU is one of the NIDHI- PRAYAS Center funded by the National Science and Technology Entrepreneurship Development Board (NSTEDB), Dept.of Science and Technology, Govt.of.India, New Delhi from 2023.

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ABIS-TBI, NIDHI PRAYAS center can support young and aspiring  innovators  by providing prototype funding of Rs.10.00 Lakhs to convert their ideas into prototype for product development that has potential for commercialisation.

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Salient features of the program:

1. An individual innovator or founder of a startup (Less than 7 years of existence) can apply for Prayas grant.

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2. The ideas and innovations should be based on technology and science.

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3. The priority technology areas are manufacturing, agriculture, healthcare, clean-tech, energy, water and Internet of Things (IoT)          

                 

4. Upto Rs.10 Lakhs of PRAYAS grant is Proof-of-concept grant for converting idea and innovations into a prototype. The product prototype has to be a physical product.