Technology Development and Innovation Programme (TDIP)

Technology Development and Demonstration Programme (TDDP)

TDDP Start-ups

TDDP- Start-ups: Call for Proposals  
Round 1: Opportunity Area 'Waste to Wealth' [03 APR 08] 

Introduction

For the XIth plan, DSIR has been allotted a new fund ` Fund for Accelerating Start-ups in Technology (FAST) to promote Social/ scientific Entrepreneurs. This fund will be managed under TDDP-START-UPs scheme, which aims to support new enterprises developing and delivering innovative solutions to socially relevant problems, as identified in each round of proposal solicitation. 

Objectives

The scheme has the following objectives:

• To accelerate the creation of high technology start-ups by providing risk capital to the start-ups.

• To unleash the combined force of technology, entrepreneurial zeal and risk capital to promote new ventures with high social impact.

• To create and nurture a supportive eco-system by networking with all stakeholders. 

Towards achieving the above objectives, the Department provides financial support by way of loans to new Product/ Process Development projects taken up by Start-ups in Technology, in areas targeted in each round inviting proposals. 

Project Proposals

These projects should aim at development of a new product or a process (including development of process equipment) with significant scale-up potential to be eligible for investment by Investors at later growth stage. The projects should herald new technology in the sectors resulting in significant benefits to users, open up new markets and lead to global leadership position in the targeted niche market. 

Proposals for projects such as the following are considered for partial financial support:-

1. Converting intellectual property owned by the promoters into products/ processes to gain first mover/ fast second position in the market.

2. Converting intellectual property licensed –in by the promoters from national/ international research institutes into products/ processes to gain first mover/ fast second position in the market.

Projects not supported under the scheme are:

1. Basic Research projects/ studies/ reports.

2. Technologies not backed by protected Intellectual Property.

3. Incremental development projects leading to minor improvements in Products / Processes.

4. Projects with revenues that cannot be scaled-up to global level.

5. Projects of established (more than 3 year old) firms.

Activities Supported

TDDP-START-Ups would meet the total funds required to develop a working prototype and fortify the technology with a combination of strong IP & attractive business model, to take the venture forward subject, to a maximum of Rs 10 crores. Funds would not be provided for meeting expenses towards acquiring land and constructing buildings. The financial support from DSIR is mainly to meet the developmental expenditures for:

1. Manpower costs other than promoters, directors and existing full time employees ( Specialists employed, part-time/ full –time/ contract basis, exclusively for specified activities under the project); 

2. Consultancy ( cost of consultancy and equivalent services used exclusively for the development activity, including bought-in design, technical knowledge, patents, etc); 

3. Patenting (PCT and two international patents);

4. Running costs ( such as these of raw materials, consumables, hardware/ software tools, components/ sub-assemblies for prototype, equipment for pilot plant etc incurred directly as a result of proposed research activity)

5. Cost Testing, trials & international certification.

Cost of following activities are not supported under the scheme:

1. Pre-project activities (including preliminary literature survey and patent search) ,

2. Promoters salaries,

3. Industry overheads, 

4. Payments for technology received from commercial organisations,

5. Infrastructure facilities like land, building.

Who can make a proposal

Proposals can be submitted by Start-up firms in Technology meeting the following requirements:

• The firm is registered in India with majority ownership by Indian citizens and the enterprise is less than 3 year old. 

• The firm will use innovative technology in the targeted area - source of the innovative technology can be either the one generated by the promoter(s) or licensed in from national/ international research organizations like CSIR/IISc/IIT. 

• Project starts after research phase and details of research results including Intellectual Property need to be provided with the application.

• Projects need clear and sustainable stream of revenues at the end of limited government intervention.

• Land and building will not be supported with government funds. 

• Projects envisaging co-investment with financial institutes/ angel investors and also projects in advanced stage of implementation would be given due consideration.

Guidelines and Application Format

Guidelines and Application Format for TDDP Start-uos [Download as RTF or PDF]   [03 APR 08]

Procedure for submitting proposals

Original plus 4 copies along with one soft copy (in CD) to be submitted to:

Head (TDDP-START-Ups),
Department of Scientific and Industrial Research
Technology Bhawan
New Delhi, 110016

asrao@nic.in  ; fastdsir@gmail.com 
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Last Updated: April 3, 2008