PRISM Programme | Programme | Eligibility | Phase I Category I |
Proof of Concept/ Prototypes/ Models Maximum support may be limited to Rs. 2.00 lakh or 90% of the total project cost whichever is lower. Total project cost may be up to Rs. 5.00 lakh. |
Any Indian citizen including student innovator can avail support to develop their novel idea into demonstrable models/prototypes. |
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Phase I Category II |
Fabrication of working model/ process know-how/ testing and trial/ patenting/ technology transfer etc. (Innovation Incubation) Maximum support may be limited to Rs. 20.00 lakh or 90% of the total project cost whichever is lower. Total project cost may vary between Rs. 5.00 lakh to Rs. 35.00 lakh. |
Any Indian citizen having innovative ideas. |
PRISM Phase II | Maximum support may be up to Rs. 50.00 lakh limited to 50% of the total project cost. The total project cost may vary between Rs. 35.00 lakh to Rs. 100.00 lakh. The support may be provided for scaling up technology based innovations, including patenting, design registration, trademark registry, technology transfer to develop a marketable product or process towards enterprise creation. | Successful PRISM Innovators or Innovators who have successfully demonstrated proof-of-concept with the support of other Government institutions/agencies. |
PRISM–R&D | Maximum support may be up to Rs. 50.00 lakh, limited to 50% of the total project cost for developing technology solutions aimed at helping MSME clusters. | Any R&D institute/ autonomous institutions/ public funded laboratories/ academic institutes and so on. |