The scheme aims to help aspiring entrepreneurs transform promising ideas into tangible prototypes and validate their technical and market feasibility.
Under this program, eligible startups can receive financial assistance ofup to ₹3 lakhs. The grant is intended to cover expenses related to product development, prototyping, testing, validation, technology development, and other activities necessary to move from concept to MVP. The support enables founders to de-risk their innovation, refine their solution, and prepare for market entry or follow-on funding. The Idea Grant particularly encourages technology-driven and innovative solutions with strong commercialization potential.