PRISM Phase-I |
Category-I: Proof of Concept/Prototype/Models- Project cost upto Rs.5.00 lakh
- Maximum support is limited to Rs.2.00 lakh or 90% of the total project cost whichever is lower.
| Any Indian citizen including student innovator can avail support to develop their novel idea into demonstrable models/ prototypes. |
Category-II: Fabrication of working model/process know-how/testing & trail/patenting/technology transfer etc. (Innovation Incubation)- Project cost from Rs.5.00 lakh to Rs.35.00 lakh
- Maximum support is limited to Rs.20.00 lakh or 90% of the total project cost whichever is lower.
| Any Indian citizen having innovative ideas to convert them into working models/prototype/ processes. |
|
PRISM Phase-II (Enterprise Incubation) |
- Project cost more than Rs.35.00 lakh & up to Rs.100.00 lakh
- Maximum support is up to Rs.50.00 lakh 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 enterprises creation.
| Successfully PRISM innovators or innovators who have successfully demonstrated proof of concept with the support of government institution/agency.
Limiting Conditions: The proposal will be considered for support only after thorough scrutiny and by adopting robust evaluation and appraisal criteria for screening by involving technical and financial experts.
|
PRISM- R&D Proposals |
- Maximum support is up to Rs.50.00 lakh limited to
50% of the total project cost for developing
technology solutions aimed at helping MSME cluster.
| Public Funded - R&D Institutes/ Autonomous
Institutions/ Laboratories/Academic Institutes etc.
Limiting Conditions: The proposal will be
considered for support only after through scrutiny
and by adopting robust evaluation and appraisal
criteria for screening by involving technical and
financial experts.
|
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