Technology Development Fund (TDF) Scheme

> Funding Support:

• The project cost of up to INR 50,00,00,000/- will be considered for funding.
• The funding may be up to 90% of the total project cost.
• Industry may work in collaboration with academia or research institutions.
• The funding will be linked to mutually agreed milestones.
• Funds will be released either in advance against a bank guarantee of the same amount as collateral, or reimbursement based on the completion of milestones.
• Subsequent installments will be released on successful completion of milestones.

> Purpose of Funding Support:

• Aims to provide financial assistance to startups for prototype development and trials.
• Proposes to target nascent startups for project requirements inclusive of funding support of up to 20% to the incubators associated with the startup.
• Option to create partnerships with academia, where the contribution of the academia is up to 40% of the total project effort.

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• Public limited company, a private limited company, a partnership firm, a limited liability partnership, one-person company, sole proprietorship registered as per applicable Indian laws registered in India especially MSMEs and Startups.
• Startup must be recognized by Department for Promotion of Industry and Internal Trade (DPIIT) as per Government of India (GOI) guidelines.
• Startup incorporated for less than 3 years from date of submission of application will be considered as nascent startups.
• Nascent Startup should be incubated at one of the Central/State government assisted incubators.
• Startup should not have received any grants/grants-in-aid by any government scheme for a similar technology.
• The startup must be owned and controlled by a Resident Indian citizen with a shareholding of at least 51%.

> Registration process:

Step 1: Every interested Industry /Technology expert/Academia must first register on the TDF portal.

Step 2: Click on &quot;Register&quot;.

Step 3: Fill Name, Contact Details, Organisation Name and choose your value in &quot;Register As&quot; and in &quot;Focus Area&quot; option.

Step 4: Click on the Check Box For Self-declaration of being an Indian Company with 51% of stakes with a Resident Indian Citizen.

Step 5: Agree to the Terms and Conditions by clicking the check box.

Step 6: Verify the captcha then click on &quot;Register&quot; button.

> Post-Registration process:

Step 1: Visit the TDF portal.

Step 2: Click on &quot;Proceed to Login&quot; button and enter Email, Password and verify the captcha.

Step 3: Click on &quot;Login&quot; button and furnish all the details as required.

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