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

 

The Ministry of Mines invites proposals for funding from Start-ups, MSMEs, and individual innovators under the Science and Technology PRISM Program. This initiative is aimed at promoting research, innovation, and development in key areas such as mining, mineral processing, metallurgy, and recycling. If you are a start-up or MSME working towards cutting-edge solutions or a breakthrough technology in these sectors, this is a unique opportunity to gain financial support.

Under the PRISM initiative, successful applicants can receive up to ₹2 crores, based on milestone achievements, to develop functional prototypes or productize existing technologies. The program also offers incubation support, mentoring, and assistance with commercialization to help transform innovative ideas into market-ready solutions.

Proposals are encouraged to focus on innovative research in areas such as rare and strategic minerals exploration, efficient mining processes, waste utilization, development of green technologies, and recycling efforts. Applications must be submitted through the SATYABHAMA portal, and the Ministry of Mines reserves the first right of refusal for the technologies developed.

Don’t miss this opportunity to contribute to the advancement of India’s mineral and mining sectors through innovation. For more details and to apply, visit SATYABHAMA portal.

For more detailed information on the program, eligibility criteria, and application process, please refer to the official guidelines.

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