Applications Invited for TIH-IIT Patna NIDHI- PRAYAS Program Grant

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About the Organization

VISHLESHAN I-HUB FOUNDATION Indian Institute of Technology, Patna.

We are the nodal center and a Technology Innovation Hub (TIH) for technology development and activities in “Speech, Video, and Text Analytics Technologies” and other related areas under National Mission on Interdisciplinary Cyber-Physical Systems (NMICPS)."

Under the proposed TIH, IIT Patna aims to promote translational research in CPS technologies, especially in “Speech, Video and Text Analytics”. Various tools and techniques by using the latest AI based techniques for various real-life problems emcompassing the inputs of speech, video and text will be developed. Various real-life problems collected from various domains like tourism, judiciary, railways, border management, security, environment, forest and climate change, education and health, electronics and IT, road transport, housing and urban affairs will be solved under the research activities of TIH. Advanced tools and techniques for handling the speech, video and text data will be designed. The target would be to develop methodologies involving “Speech, Video and Text Analytics” to solve various problems in Indian context.

About the Grant  

IIT Patna Vishlesan I-Hub Foundation call for proposals under National Initiative for Developing and Harnessing Innovations (NIDHI) is an umbrella program conceived and developed by the Innovation and Entrepreneurship division, Department of Science & Technology, Government of India, for nurturing ideas and innovations (knowledge-based and technology-driven) into successful start-ups.

Aim:

• NIDHI- PRAYAS Program aims at providing prototype funding to convert idea into prototype to young and aspiring innovators.
• Innovators should use the PRAYAS grant primarily convert their ideas into prototype of a product that has potential for commercialisation.
• The IP generated if any, should vest with the Innovator or the Start up.
• The maximum funding support to an innovator/startup will be upto 10 lakhs, however the final amount is subject to the approval of Monitoring committee of a PRAYAS centre

Eligibility

• An individual innovator without having a startup or founder of a startup can apply for Prayas grant.
• An individual innovator without having a startup can apply for PRAYAS
• Indian citizen of 18 years or age and above.
• IP generated would vest with the innovator or with the team as per the agreement and it would be further taken for commercialization.
• An applicant who is a co-founders of a Startup can apply for PRAYAS (<25 lakh annual turnover)

How to Apply

• Register using the link www.NIDHI
• Email the completed proposal to vishleshan-ihub-foundation@iitp.ac.in in before September 21, 2022.

​For more information please check the Link

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