Provided by: DSIR (Department of Scientific & Industrial Research)
Verified by our research team on 7 Jul 2026
Funding Support
Phase I: support up to ₹20 lakh or 90% of project cost; later phase support for scaling / enterprise building
Application Deadline
Open / Rolling
Official Website
Not listed
Supports individuals, startups, and MSMEs with innovative ideas to develop prototypes and scale, with a strong emphasis on demonstrable working models and commercial potential. Phase I offers up to ₹20 lakh. PRISM's Phase I is itself split into two categories: Category-I supports proof-of-concept and prototype work up to ₹2 lakh (or 90% of project cost), while Category-II funds fabrication of a working model, testing, patenting, and technology transfer up to the ₹20 lakh referenced in this scheme's funding text. A separate Phase II track supports enterprise incubation for innovators who have already cleared Phase I or independently demonstrated proof of concept, funded up to ₹50 lakh or 50% of project cost, with a further PRISM-R&D window open to research institutes solving problems for MSME clusters. This tiered structure means an applicant's award size depends heavily on which category and phase their submission is assessed under, not a single fixed grant amount.
Startup Stage
All stages
Industry Sectors
All sectors
State Limitation
Pan-India
DPIIT & MSME Recognition
DPIIT Not Mandatory • MSME Required
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