Startups

Scheme for Funding Industry Relevant R&D

The scheme is aimed at supporting ideas that address a well-defined problem of industrial relevance. The proposal, therefore, shall be jointly designed and implemented by the academic partner (which includes a partner from national laboratories/recognized R&D institutions as the case may be) and industry. The participating industry should ensure that the objectives are industrially relevant. Routine proposals that address conventional problems and those not related to industry, or with already established approaches are not encouraged.

Eligibility: (i) Academic Partner: Indian citizens residing in India. The academic partner must hold a regular academic/research position in an academic institution or national laboratories or recognised R&D institutions. More than one academic partner may be allowed. (ii) Industry Partner: All industries (including MSME & industrial R&D Centres) are eligible. More than one Industry and or more than one Investigator from one Industry can be associated in a project.

Funding Grant:
• The funding shall be shared between SERB and Industry. The industry share should not be less than 50 % of the total budget. Overhead is provided to the academic partner. The SERB share shall not exceed Rs. 50 lakh for a project. The upper cap may be relaxed on case to case basis.
• The funding can be provided for a maximum period of three years.
• The support from SERB shall be extended only to the academic partner and not to the industry. The research grant will be provided for equipment, manpower, consumables, travel, pilot plant study, and any other costs associated with the project.It is expected that the equipment will be installed in the institution where the academic partner is working. Time Line: The proposals can be submitted anytime of the year through the website.

Area: All Science Disciplines

Ministry/Dept: Department of Science & Technology (DST), Govt of India

Purpose: Capacity Building, Research

Institute Involved: Science and Engineering Research Board (SERB), Department of Science & Technology (DST), Govt. of India