Wednesday, April 24, 2024
HomeFunded ProjectsInviting Proposals for Funding - (S&T-PRISM)

Inviting Proposals for Funding – (S&T-PRISM)

ANNOUNCEMENT: Inviting proposals for funding from Start-ups, MSMEs and Individual Innovators under S&T PRISM Program of Ministry of Mines

Follow ilovephd ilovephd on google news

Are you a Startup, MSME, or Individual Innovator with groundbreaking ideas poised to revolutionize the mineral and metal sector? Here’s your chance to propel your innovations forward with the “Promotion of Research and Innovation in Startups and MSMEs in Mining, Mineral Processing, Metallurgy, and Recycling Sector (S&T-PRISM)” initiative under the Science and Technology Program of the Ministry of Mines.

This program, S&T-PRISM, aims to bridge the gap between developing innovative ideas and bringing them to market in the mineral and metals sector. Are you working on a project with a sustainable approach to mining, metallurgy, or industrial applications? This grant could be the perfect boost to take your idea to the next level.

ANNOUNCEMENT inviting proposals for funding from Start-ups, MSMEs and
Individual Innovators under the S&T PRISM Program of the Ministry of Mines

Here’s what you need to know:

  • Grant amount: Startups can receive up to Rs. 50 lakhs, MSMEs up to Rs. 1 crore, and even higher amounts (up to Rs. 2 crore) may be considered for exceptional technology projects.
  • Project duration: Up to 2 years
  • Focus areas: Projects with a direct impact on the mineral and metal sector, with an emphasis on sustainable practices throughout the mining, processing, and application stages.
  • Benefits: This grant is designed to help projects reach a stage where they can attract further investment from venture capitalists or secure loans from banks.

Ready to apply for S&T-PRISM?

Head to the Ministry of Mines website (mines.gov.in) or the SATYABHAMA Portal (research.mines.gov.in) for detailed guidelines and application procedures.

Important deadlines:

  • Proposal submission deadline: April 30, 2024
  • Email your proposals in PDF format to: [email protected]

For any further questions, please contact:

Don’t miss out on this chance to turn your innovative ideas into reality! The Ministry of Mines is looking to support the next generation of mining and mineral processing breakthroughs.

- Advertisement -
RELATED ARTICLES
Follow ilovephd ilovephd on google news

Email Subscription