PRISM is for budding students, professionals and common citizens interested in innovation and having an implementable and commercially viable, novel innovation. An innovator of Indian nationality, interested in innovation is provided Grant –in-aid support by PRISM DSIR for prototype development and commercialization subject to completion of sanction of project which includes evaluations, technical and financial viability as well as commercially viable analysis. PRISM -DSIR also helps the innovators to get acquainted with the fundamentals of patenting as well as technical and strategic assistance in idea development.
|Category-I: Proof of Concept/ Prototypes/ Models
Maximum support may be limited to 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 and trial/patenting/technology transfer etc. (Innovation Incubation)
Maximum support may be limited to 20.00 lakh or 90% of the total project cost whichever is lower.
|Any Indian citizen having innovative ideas.|
|PRISM- Phase-II (Enterprise Incubation)|
|Maximum support may be up to 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 enterprise creation.||Successful PRISM innovators or innovators who have successfully demonstrated proof of concept with the support of other government institutions/agency.|
|Maximum support may be up to 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.|