Eligibility
Nature of projects supported
- Eligible
- The project needs to define a technology solution to a well-defined problem
- The technology should be innovative/ novel
- Project should be focused on conducting POC studies / prototype development / prototype validation or conducting pilot studies.
- Not eligible
- Pure software development with no IP potential
- Pure academic research
Focus Areas
The areas which will be considered for grant are called as key focus areas and are listed down as follows
- Healthcare (Devices / Diagnostics, Assistive technologies, preventive technologies, etc)
- Affordable healthcare
- Maternal and child health
- Assisted living for elderly and disabled
- Other innovations in healthcare
- Sustainability
- Energy transition / Clean & Renewable Energy
- Environment & Climate Technology
- Waste to Value
- Agriculture and Agri-allied fields
- Circular Economy
- Carbon Capture & Utilization
Eligibility of Applicants and Project Leaders for projects
- Every project proposal will need to identify a Project Leader and an Applicant/ Grantee
- The Project Leader (PL) will be an individual who will take responsibility for executing the project.
- The Applicant or Grantee can be either of the following:
- Case 1: Applicant is an individual
- Case 2: Applicant is a company
- PL has to be an individual (one person).
- PL is required to be at least 18 years of age as on the date of call for applications.
- PL is required to be Indian Citizen. An Indian citizen is defined as one who is in possession of a government approved proof of nationality such as a valid passport, voter’s id etc. Exceptional cases of foreign nationals with potential for impact in India will be considered.
- PL has to pursue the project or startup full time with no other concurrent commitments during the project duration.
- PL cannot be pursuing a long-term academic/research project (like doctoral students) with significant obligations during the project duration.
- PL must have completed basic undergraduate training in natural sciences/engineering/ medicine. Essential qualification is PhD/ MTech/ BTech/ BPharm /MD/ MBBS/ BDS/ MSc / MPhil/ M Des/ MPH /MBA / MSW and equivalents, with under‐ graduate training in Science, Medicine, Engineering. Applicants with a BSc degree with at least 1 year of full-time work or research experience shall also be eligible
- If Applicant is a company, the Company/LLP should be registered under the Indian Companies Act, 1956/2013
- The company should be owned by resident Indian citizens i.e. minimum 51% of the capital is beneficially owned by resident Indian citizen(s) and / or Indian companies, which are ultimately owned and controlled by resident Indian citizens