CPS- Promotion and Acceleration of Young and Aspiring technology entrepreneurs (CPS-PRAYAS)

CPS- PRomotion and Acceleration of Young and Aspiring technology entrepreneurs (CPS-PRAYAS) – Support from Idea to Prototype There is a definite need to address the gap in the very early stage idea/ proof of concept funding. The CPS-PRAYAS programme focuses on addressing the idea to prototype funding gap. This programme would attract a large number of youngsters to come forward to try out their ideas without actually worrying about the failure. Eventually, such an approach would bring in a large number of potential ideas into the incubation programmes, thereby increasing the flow of quality incubate to the incubators. CPS-PRAYAS is positioned as a pre-incubation initiative.

Objectives of CPS-PRAYAS

The CPS-PRAYAS program is provided to meet the following broad level objectives.

To enable translation of an innovative idea to a prototype.
To provide a platform for faster experimentation and modify approaches in the idea to market journey.
To generate innovative solutions relevant to the local and global problems.

To attract a large number of youths who demonstrates problem solving zeal and abilities to work on their new technology/knowledge/innovation-based start-ups.
To enhance the pipeline in terms of quality and quantity of innovative start ups to the incubators.
To build a vibrant innovation ecosystem, by establishing a network between innovators, academia, mentors and incubators.