Submit a Post India-Russia Joint Technology Assessment & Accelerated Commercialization Program: Apply by Sept 30 - Noticebard

India-Russia Joint Technology Assessment & Accelerated Commercialization Program: Apply by Sept 30

Share on facebook
Facebook
Share on twitter
Twitter
Share on whatsapp
WhatsApp
Share on linkedin
LinkedIn
Share on email
Email
About

The Department of Science & Technology (DST) invites applications from Indian Techno-Entrepreneurs for the India-Russia Joint Technology Assessment & Accelerated Commercialization Program 2020.

The India-Russia Joint Technology Assessment and Accelerated Commercialization Programme are a bilateral initiative of India and Russia focused on strengthening the relationship based on Science, Technology, and Innovation.

Objectives

The key program objectives are:

  1. Promote joint research and development (R&D) between India and Russia
  2. Promote validated technology transfer between India and Russia
  3. Promote innovation and entrepreneurship development through financial, capacity building, mentorship, and business development support to create a successful joint enterprise.
Funding

The program is jointly funded by DST, Govt. of India, and FASIE and will provide access to public funding for the joint selected projects with the participation of at least one SME from Russia and one SME/ Startup from India.

The project comprises of two annual cycles and five projects will be funded under each program cycle. For each annual cycle of the program, total funding of INR 7.5 Crores will be made available to the Indian entrepreneurs with INR 1.5 Crores committed to each of the top five projects shortlisted.

Focus Areas

The program will prioritize, but not limit, applications under the following thematic areas:

  1. IT & ICT, including AI, AR, VR
  2. Medicine/ Pharmaceuticals
  3. Renewable Energy
  4. Aerospace
  5. Clean Technologies/ Alternative Technologies
  6. Environment
  7. New materials
  8. Biotechnologies
  9. Artificial intelligence
  10. Robotics and drones
Eligibility Criteria
  • Only S&T-based Indian SMEs and start-ups, as defined and incorporated under the Indian laws are eligible to apply.
  • Universities, academic institutions, research organizations, and other public bodies can only participate as subcontractors (30%).
  • Must have a prior identified project partner in Russia.
  • The maximum funding per project would be INR 1.5 Crore and the applicant must co-finance 50% of the amount requested from DST, GoI.
  • Permissive use of funding: Salary, materials, subcontractors, technology modification, design & development, testing & trials, and similar miscellaneous costs.
  • Project Duration: 18 to 24 months.
How to Apply?

Interested candidates can apply online by clicking here. The last date to apply is September 30, 2020.

Contact

Dr. Rajiv Kumar, Scientist-E,

Department of Science and Technology, Govt. of India

Email ID: rajivarc@nic.in

For full notification, click the link below.

India-Russia Joint Technology Assessment & Accelerated Commercialization Program 2020

 

 

 

Disclaimer : We try to ensure that the information we post on Noticebard.com is accurate. However, despite our best efforts, some of the content may contain errors. You can trust us, but please conduct your own checks too.

Share on facebook
Facebook
Share on twitter
Twitter
Share on whatsapp
WhatsApp
Share on linkedin
LinkedIn
Share on email
Email

Leave a Comment

x