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πŸ“° News ⏱ 2 min
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Key Points

4 points
1

Funding up to ten lakh Indian rupees per project.

2

Application period runs until September 3, 2026.

3

Open to Indian citizens who are students, researchers or founders of new startups.

4

Covers technologies such as artificial intelligence, Internet of Things, cybersecurity and virtual reality.

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Summary

Young inventors can receive up to ten lakh Indian rupees to develop a prototype of their product.

The scheme offers mentorship, a workspace and connections with other experts.

It especially supports creators from smaller cities and focuses on areas like robotics and digital safety.

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New Words to Learn

15 words
entrepreneur
a person who starts a new business
innovator
someone who creates new ideas or tools
incubator
a place that helps new businesses grow
prototype
a simple early version of a product
technology
tools and machines that help us do things
artificial intelligence
computers that can think a little like people
machine learning
computers learning from data to get smarter
Internet of Things
devices that talk to each other over the internet
semiconductor
material used to make computer chips
cybersecurity
protecting computers from bad attacks
blockchain
a way to keep records safe and shared
quantum
tiny particles that behave in special ways
augmented reality
adding digital pictures to what you see
virtual reality
a completely digital world you can look around in
validation
checking if an idea works well
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