The United States–India Science & Technology Endowment Fund (USISTEF) seeks to support and foster joint applied R&D to generate public good through the commercialization of technology developed through sustained partnerships between U.S. and Indian researchers and entrepreneurs.
Eligibility: 1. Proposals must have at least one Indian and one U. S. partner for the complete duration of the proposed project. Primary partners from both sides must have significant and synergistic roles in the development and commercialization of technologies for the specific application described in the proposal.
2. The relationship between the U.S. and Indian partners must be clearly defined, including ownership of intellectual property rights for the technology proposed to be developed and commercialized.
3. At least one of the partners must be an entrepreneurial entity (preferably a small or mediumscale enterprise) and the team may include any combination of the following:
(i) Incorporated companies including start-ups; or (ii) Non-incorporated entities; or (iii) Academic, governmental and non-governmental research institutions or their consortia (iv) Individuals
Funding Grant: Ignition Stage I: Grant support up to INR 50,00,000/-
Ignition Stage II: Grant support up to INR 1,00,00,000/-