Promoting Innovation in Individuals, Start-ups & MSMEs
Scheme for Funding Industry Relevant R&D
January 3, 2023
Scheme for Development of Ayush Clusters
January 3, 2023
Benefits
For Phase I (Category I): Maximum support may be limited to
2.00 lakh or 90% of the total project cost whichever is lower.
For Phase I (Category II): Maximum support may be limited to
20.00 lakh or 90% of the total project cost whichever is lower.
For Phase II: Maximum support may be up to 50.00 lakh limited
to 50% of the total project cost. The support may be provided
for scaling up technology-based innovations.
For R&D Proposals: Maximum support may be up to 50.00 lakh,
limited to 50% of the total project cost for developing technology
solutions aimed at helping MSME clusters.
The funding would be provided for maximum period of 3 years.
Subsidy
To whom / eligible ?
To whom
Eligibility ?
- For Phase I (Category I): Any
Indian citizen including student
innovator can avail support to
develop their novel idea into
demonstrable models/prototypes. - For Phase I (Category II): Any
Indian citizen having innovative
ideas. - For Phase II: Successful PRISM
innovators or innovators who have
successfully demonstrated proof
of concept with the support of
other government
institutions/agency. - For R&D Proposals: Any R&D
institute / autonomous
institutions/public funded
laboratories/ academic institutes
and so on.
Submission of Application
How to apply
Documents to be submitted
Contact
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