PRISM (Promoting Innovations in Individuals, Start-ups and MSMEs): Category-1: Proof of Concept/ Prototypes/ Models
in Mizoram
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PRISM (Promoting Innovations in Individuals, Start-ups and MSMEs): Category-1: Proof of Concept/ Prototypes/ Models in Mizoram
PRISM (Promoting Innovations in Individuals, Start-ups and MSMEs): Category-1: Proof of Concept/ Prototypes/ Models is a government scheme available to eligible residents of Mizoram.
Apply for PRISM (Promoting Innovations in Individuals, Start-ups and MSMEs): Category-1: Proof of Concept/ Prototypes/ Models in Mizoram
Scheme Overview
The scheme aims to support individual innovators which will enable them to achieve the agenda of inclusive development - one of the thrust areas of the XIIth five-year plan (2012-2017). The proposals shall preferably be considered in the following focus sectors: Green technology, Clean energy, etc.
Eligibility Criteria
Any Indian citizen including student innovator can avail support to develop their novel idea into demonstrable models/prototypes.
The proposals shall preferably be in the following focus sectors: Green Technology, Clean Energy, Industrially utilizable smart materials, Waste to wealth, Affordable healthcare, water & sewage management, and any other technology or knowledge-intensive area.
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**NOTE 1:** When a group of students want to pursue the project, then there has to be an agreement among the group about the lead applicant. Though financial support can be given only to a single applicant by name, a letter of appreciation can be given by the department to all the students of the team, after successful completion of the project.
**NOTE 2:** The support is primarily aimed at encouraging student innovators. However, in general, any Indian Citizen having an innovative idea or an invention and wishing to demonstrate his idea in the form of a basic stage model/prototype/process thus providing proof of his concept can apply to this category.
Benefits
Project cost up to ₹5,00,000 to help Innovators convert their ideas into demonstrable models/prototypes.
Maximum support under this category is ₹2,00,000 or 90% of the approved project cost, whichever is lower.
NOTE 1: The financial support is not an award or a prize or a research fellowship. The financial support is provided for the work to be undertaken.
NOTE 2: Elements like self-salary, rent of own accommodation, creation of infrastructure facility like shed etc should not form the component of support/funds. The support/funds should be mainly for prototype development work/proof of concept.
Required Documents
| # | Document |
|---|---|
| 1 | Signed Copy of Application |
| 2 | Proof of Residence |
| 3 | Innovation (Brief description of the idea highlighting innovative element) |
| 4 | Documentary Proof of Prior Work (video, photo, press coverage etc) |
| 5 | Work Planned |
| 6 | Profile of Potential User |
| 7 | Copy of Aadhaar Card |
| 8 | Residence Certificate issued by a Sub-Divisional Magistrate(SDM)/District Magistrate(DM) or a copy of a ration card or any other document regarding proof of residence |
| 9 | PAN Number and a copy of the latest Income Tax Returns filed (In case the applicant is an Income Tax Payer) |
| 10 | Students will have to provide a `No Objection Certificate’ from the Head of their institutions, on the institutions’ letter-head along with their application and the commitment from the institutions that the project will be taken to its logical conclusion |
How to Apply in Mizoram
The eligible applicants are requested to submit their applications complete in all respects to the nearest TOCIC. Submit your project proposal in the prescribed format to the nearest TePP Outreach cum Cluster Innovation Centres (TOCICs). You can a…
Offline The eligible applicants are requested to submit their applications complete in all respects to the nearest TOCIC. Submit your project proposal in the prescribed format to the nearest TePP Outreach cum Cluster Innovation Centres (TOCICs). You can also consult with TOCIC coordinators for guidance before applying. Upon receipt, TOCIC coordinators will screen the proposals for completeness. They will forward the proposals to Domain Knowledge Experts for evaluation. Domain Knowledge Experts associated with TOCIC will evaluate the proposals. Complete and evaluated proposals are sent to DSIR for further action. They will be considered by the PRISM Advisory and Screening Committee (PASC) for recommendation. Once approved by the Department, the applicant needs to sign "Terms & Conditions" before the release of grants-in-aid. The first release is based on project milestones and recommendations by PASC. Subsequent releases depend on project progress assessed by the Project Review Committee (PRC). TOCIC and other network partners, including technical experts, will monitor the approved projects. TOCIC will report project status to DSIR every 3 months. PRCs of external experts will review project progress at least once every 9 months. After successful project closure, the project completion report will be accepted by the Competent Authority in DSIR, based on PRC recommendation.
Common questions in Mizoram
Who can apply for PRISM (Promoting Innovations in Individuals, Start-ups and MSMEs): Category-1: Proof of Concept/ Prototypes/ Models in Mizoram?
Eligible residents of Mizoram who meet the scheme’s overall criteria can apply for PRISM (Promoting Innovations in Individuals, Start-ups and MSMEs): Category-1: Proof of Concept/ Prototypes/ Models. Refer to the eligibility section above for the complete checklist.
What documents are required for PRISM (Promoting Innovations in Individuals, Start-ups and MSMEs): Category-1: Proof of Concept/ Prototypes/ Models in Mizoram?
Applicants in Mizoram typically need identity proof (Aadhaar), state residency proof, bank account details, and any scheme-specific documents listed in the documents section.
Frequently Asked Questions
PRCs, consisting of external experts, review project progress and make recommendations regarding project milestones and funding.