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Scheme1: Programme for Inspiring Inventors & Innovators (PIII):

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
  1. Patent Assistance
  2. Managing Incubation Centres

 

Scheme2: Programme for Development of Technologies for Commercialisation (PDTC)

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.  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. Seed funding of manufacturing start-ups in incubation centres.
  4. Opening of outreach office of NRDC for promoting IP and Technology Transfer

 

Total Allocations are as follows:                                            (Rs in crores)

 

SCHEME

BE (2023-24) 

 

1

Programme for Inspiring Inventors & Innovators (PIII)

8.5

2

Programme for Development of Technologies for Commercialisation (PDTC) 

4.0

 

Total

12.50

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