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Get financial assistance from the Technology Development Board

The Government of India constituted the Technology Development Board (TDB) in September 1996, under the Technology Development Board Act, 1995, as a statutory body, to promote development and commercialization of indigenous technology and adaptation of imported technology for wider application. The board consists of 11 Board members. The Government reconstituted the Board in March 2000.

The TDB is the first organization of its kind within the government framework with the sole objective of commercializing the fruit of indigenous research. The Board plays a pro active role by encouraging enterprises to take up technology oriented products.

The Technology Development Board invests in equity capital or gives soft loans to industrial concerns and other agencies,as applicable, attempting development and commercial application of indigenous technology, or adapting imported technology to wider domestic application.

Funding Criteria

The Technology Development Board invests in equity capital or gives loan to industrial concerns and other
agencies, attempting development and commercial application of indigenous technology, or adapting imported
technology to wider domestic applications.

2.1 Commercial enterprises, (excluding sole entrepreneur sole proprietorship concerns) cooperatives and other agencies are eligible to seek money from the Board for the development and application of technology-based
product or service.

2.2 If the project is for the commercialisation of technology, developed by a domestic R&D institution, the enterprise should apply, along with an agreement signed by the R&D institution willing to transfer the technology. The R&D institution shall be any one of the following: –
o National laboratory
o State laboratory
o Academic institution
o Co-operative Research Association
o Registered R&D Foundation/Trust/Society
o In-house R&D unit in industry recognised by Government (Department of Scientific and Industrial
Research – DSIR)
o Scientific and Industrial Research Organisation recognised by Government (DSIR)
o Commercial R&D company recognised by DSIR

2.3 If an enterprise has developed the technology with the assistance of an R&D institution (listed in 2.2 above),the application to the Board by such enterprise or its associate will also be considered (contract or joint or sponsored research).

2.4 Applications from enterprises, with or without any, other partners (listed in 2 2 above), for commercialization of indigenous technologies may be considered if the project is for commercialization of technology developed through the financial support provided under Home Grown Technology (HGT) /Mission projects / Technology Vision 2020 implementation projects of Technology Information, Forecasting and Assessment Council (TIFAC) or under the Programme Aimed at Technological Self Reliance (PATSER) of DSIR or under the Technopreneur Promotion Programme (TePP) jointly operated by DSIR and DST.

2.5 Start-up companies and/or technocrat-entrepreneurs, with or without any other partners (listed in 2.2 above), in agricultural product processing, information technology or designing and developing special engineering machinery are encouraged to apply for projects in these areas.

2.6 Where legal title to domestically generated intellectual property is held (or filed for) by an individual generator (e.g. inventor) of such property or by an industrial concern, such individual or industrial concern shall also be eligible to apply

2.7 If the activity adapting and commercialising imported technology, financial assistance from the Board may be provided for :-

1. effecting crucial modifications for wider domestic applications through an ‘R&D institution’ (listed in 2.2 above) or through an individual (2.6 above) and/or.

2. further development of commercialisable technology imported when that technology is at ‘proof-of-concept’ or design stage.

What types of projects can be funded?
The type of projects include–

Development and commercialisation of a new product/process/application through indigenous technology.

Significant improvements in the existing product/ process/ application.

Substantial quality upgradation, reduced material consumption, reduced energy consumption, cost reduction,improved competitiveness, improved ergonomics.

Development and deployment of technology or design to satisfy existing occupational health and/or safety standards, or improve upon them.

Development and deployment of technology or design necessary to satisfy domestic or foreign environmental requirements or standards current or anticipated.
Development and deployment of technology or design necessary to satisfy the requirements of domestic legislation, and/or decisions of the judiciary or product liability legislation in export markets.
Adaptation/modification to product/process which has been imported so as to make it suitable for wider
domestic application.
Replacement of imported raw materials/components with indigenous substitutes.
Proving the socio-commercial viability of new and/or renewable sources of energy commercially delivered to
consumers.
Development of technology to meet the medical standards and proving socio-commercial viability of bio-medical
equipment and devices.
Hazardous, waste recycling management.
The activities / expenditures which can be funded include the following
Development, test and evaluation necessary for establishing proof-of-applicability of product, process or application.
Costs of a capital nature including cost of acquisition of technology of foreign origin which is at “proof-ofconcept”
or design stage requiring substantial indigenous technology development.
Fabrication, testing and trial of prototypes.
Setting-up pilot/demonstration plant including testing and trials.
Industrial product design.
Field trials (including limited market development, except as stand-alone activity)
Setting-up the first or demonstrator commercial scale manufacturing unit using the innovative technology.
Cost of studies, surveys and blue or grey-collar training necessary or incidental to the above.
R&D / engineering consultancy for prototype / pilot plant / trials and testing.
For more detailed information
Or visit the Technology Development Board Website – http://tdb.gov.in/
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