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1. Programme for Inspiring Inventors and Innovators " (PIII) Allocation of fund as per B.E. 2023-24 : Rs. 850.00 Lakhs (Time-limit for achieving the targets: 1 Year)

The programme is planned to encourage the innovators / inventors in developing new innovative technologies & products as well as rendering technical and financial assistance for protection of inventions by filing IPR in India and abroad.

The major activities carried out are:

1. Technology Development, Validation and Commercialisation (TDVC)

  • Support the technology from POC stage to Pre-commecialisation
  • Seed funding by way of equity for taking technology from pre-commercialisaion to commercialization stage

2. Patent Assistance

3. Managing Incubation Centres

Proposed Expenditures for the FY 2023-24 : Rs. 400.00 Lakhs

2. Programme for Development of Technology Inspiring For Commercialization” (PDTC) Allocation of fund as per B.E. 2023-24: Rs. 850.00 Lakhs (Time-limit for achieving the targets: 1 Year)

The major objective of the scheme is to provide support to lab scale technologies for making it acceptable by the industry through value-addition, dissemination of information on such developed technologies to industries and provide part of capital as seed fund.

The major activities carried out are:

  1. Maturing of Laboratory Scale Technologies for Commercialisation:  Value addition viz.  Basic Engineering Design Package (BEDP), Market survey, socio-economic Impact assessment of NRDC Licensed technologies etc.
  2. Dissemination of Information on Technologies: Exhibitions, Publications,  Advertisement, Industry Interaction meets
  3. Start-up India: Seed funding of manufacturing start-ups in incubation centres.
  4. Opening of outreach office of NRDC for promoting IP and Technology Transfer

Proposed Expenditures for the FY 2023-24 : Rs. 400.00 Lakhs

 

Proposed Expenditure Details

    
     

PDTC

    

 

Allocation

Proj. exp.

Maturing of Laboratory Scale Technologies for Commercialisation:  Value addition  

80

80

Dissemination of Information on Technologies: Exhibitions, Publications,  Advertisement, Industry Interaction meets

61

61

Stand-up India: Seed funding of manufacturing start-ups in incubation centres 

65

65

 Opening of outreach offices of NRDC for promoting IP and Technology Transfer

20

20

 Leagal & Professional Charges

27

27
     

Manpower cost

120

120
     

Other expenses

27

27
 

400

400
     

PIII

    
   

Rs lacs

Activities

Allocation*

Projected expenditure*

Technology Development, Validation and Commercialisation (TDVC)

500

500

Patent Assistance

25

25

Managing Incubation centres

30

30

Manpower cost

255

255

Leagal & Professional Charges

20

20

Other Expences

20

20
 

850

850

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