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Startup-relevant scheme · Department of Pharmaceuticals, Ministry of Chemicals & Fertilizers

Promotion of Research & Innovation in Pharma-MedTech (PRIP)

Open nowChecked 3 October 2026

PRIP (Department of Pharmaceuticals, ₹5,000 crore): 41 projects got ₹1,600 crore from the first call. The second call, announced 28 Aug 2026, offers up to ₹5 crore per project at TRL 1–3 or up to ₹100 crore at TRL 4–6 (at most 35% of cost); first-round projects can't reapply. The Discovery Track, opened 1 Oct 2026, offers startups and MSMEs working on new chemical or biological entities up to ₹50 crore with at least 25% investor co-funding. Check the PRIP portal for closing dates.

Amount
Up to ₹100 crore per project
Type of support
Grant
Best for
Prototype / PoC, Seed / Early-Stage, Growth / Scaling
Who can apply
DPIIT-recognised startups, MSMEs
Go to the official portalSource: Added by Sytezo, Oct 2026

PRIP is a ₹5,000 crore scheme to build India's pharmaceutical and medtech R&D; a new Discovery Track for startups and MSMEs opened on 1 October 2026.

Who can apply?
  • Discovery Track: startups and MSMEs developing New Chemical Entities (NCEs) or New Biological Entities (NBEs) at TRL 1–3.
  • Other PRIP components are open to industry and academia–industry partnerships per call.
What do you get?
  • Second call (announced 28 Aug 2026): up to ₹5 crore per project for startups and MSMEs at TRL 1–3, and up to ₹100 crore at TRL 4–6, capped at 35% of project cost.
  • Discovery Track (opened 1 Oct 2026): up to ₹50 crore per company, project or portfolio for new chemical or biological entities at TRL 1–3, with support up to TRL 6 and at least 25% co-funding from institutional investors.
  • 41 projects already approved with about ₹1,600 crore of support from the first call.
How to apply

Apply on the Department of Pharmaceuticals' PRIP portal under the Discovery Track call (opened 1 Oct 2026).

Objectives

Move Indian pharma and medtech from volume to value by funding research, discovery and innovation with industry and academia.

Key links

Deadlines, amounts and windows change. Check the official portal before you apply.

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