Welcome to Innovation !

Innovate with support of Govt of India funding schemes !!

PRISM Phase-I
Category-I: Proof of Concept/ Prototypes/ Models
Maximum support may be limited to 2 lakh or 90% of the total project cost whichever is lower.

Eligibility:

Any Indian citizen including student innovator can avail support to develop their novel idea into demonstrable models/prototypes.

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Category-II: Fabrication of working model/process know-how/ testing and trial/patenting/technology transfer etc. (Innovation Incubation)
Maximum support may be limited to 20 lakh or 90% of the total project cost whichever is lower.

Eligibility:

Any Indian citizen having innovative ideas.

​PRISM- Phase-II (Enterprise Incubation)
Maximum support may be up to 50lakh limited to 50% of the total project cost. The support may be provided for scaling up technology based innovations, including patenting/design registration/trademark registry/ technology transfer to develop a marketable product/process towards enterprise creation.

Eligibility:

Successful PRISM innovators or innovators who have successfully demonstrated proof of concept with the support of other government institutions/agency.

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PRISM-R&D Proposals
Project cost up to Rs 100 lakh. Maximum support may be up to 50 lakh, limited to 50% of the total project cost for developing technology solutions aimed at helping MSME clusters.

Eligibility:

Any R&D institute / autonomous institutions/public funded laboratoric  es/ academic institutes and so on.

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Application forms for all PRISM Schemes & Guidelines can be downloaded at http://www.dsir.gov.in/#files/12plan/prism/prism.html