DIT supports R&D projects in industries (public and private Sector), academic institutes, research labs in the identified thrust area related to Information Technology (Hardware / Software), Information and Broadcasting,Industrial Electronics, Consumer Electronics, Microelectronics & Photonics, Capital Good Development, Strategic Electronics, Communications, Rural Application, Health & Biotechnology,  Components including microwaves & millimeter waves and Materials. For eligible criteria, nature of support other information like proposal forms, contact persons, etc.

 a) Credit Linked Capital Subsidy Scheme for Technology Up gradation Capital subsidy @ 12% upto Rs. 4.8 lakhs on loans taken for technology upgradation - for individual SSIs.

 b) Credit Guarantee Fund Scheme for Small Industries with the objective of making available credit to SSI units, particularly tiny units, for loans up to Rs. 10 lakhs without collateral/third party guarantees. The Scheme is being operated by the Credit Guarantee Trust Fund for Small Industries (CGTSI) set-up by Government of India and SIDBI.

 d) Participation in International Fairs/Exhibitions With a view to ensure that exporters from small-scale sector exhibit their products in the International Exhibitions, required assistance & support is provided. Expenditure on account of space rent, handling and clearing charges,insurance and shipment charges etc. are met by the office of the Development Commissioner (Small Scale Industries) under one of the plan schemes.

 e) The Single Point Registration Scheme of NSIC was launched as a Market Support Measure for the SSI sector. Under this Scheme, the following benefits are given to the SSI units which get them selves registered with the NSIC:

 f) SSI Market Development Assistance The scheme offers funding upto 90% in respect of to and fro air fare for participation by SSI Entrepreneurs in overseas fairs/trade delegations. The scheme also provide for funding for producing publicity material (upto 25% of costs) Sector specific studies (upto Rs. 2 lakhs) and for contesting anti-dumping cases (50% upto Rs. 1 lakh) - for individual SSIs & Associations.

 a) Technology management Program(TMP) An organization/institution seeking support under the Technology Management Programme would need to make a proposal to our department - outlining among other things essential information such as: the background of the proposal, need, usefulness of outcome, organizations etc. which would be benefited, specific outputs, methodology of approach, kind of support expected, specific break up of expenses, time targets etc. - which would be considered together with other such proposals received in the Department.

 b) Technopreneur Promotion Programme (TePP) The activities under TePP includes providing financial support to selected & screened Individual innovators having original ideas for converting them into working models, prototypes etc. The assistance under TePP includes to undertake the activities like,

TePP support to the innovators is limited to 90% of the total cost of the project & remaining 10% is to be borne by the innovator/inventor.

 c) Research, Development, Design and Engineering (RDDE) projects of industry The Department provides on a selective basis partial financial support to research, development, design and engineering (RDDE) projects to be proposed by industry in the following areas:

    *  Development and Demonstration of new or improved product and process technologies including
          those for specialized capital goods, for both domestic and export markets.

The partial financial support by DSIR is primarily meant for covering expenditure involved in prototype development and pilot plant work, test and evaluation of products flowing from such R&D, user trials etc. Bulks of costs of the project are from the industry’s resources.

   *  Collaborative projects of common interest to the concerned sector/area, proposed by a group of  industries/users, national research organizations etc.         

    *  Projects may cover products and processes in various important industries such as metallurgy, electrical, electronics, instrumentation, mechanical engineering, earth moving and industrial machinery, chemicals &  explosives etc.        

 d)  "Technology Development and Demonstration",  Indigenous Development of Capital Goods and "Technology Absorption" projects can be made by the industrial firms having well established in-house R&D jointly with a good track record of R&D achievements or even jointly with national research organizations. If the projects involve collaboration with assistance from identified research laboratories, the scope of work and responsibilities of each participating establishment in the project should be highlighted. Preference will be given to proposals from in-house R&D units of industry recognized by DSIR. 

DBT gives fund for BIOTECH PRODUCT & PROCESS DEVELOPMENT For details visit http://dbtindia.nic.in/proposals/proposalmain.html  The emphasis is to develop novel products and processes and to evolve strategies for utilization of such products/processes by various biotech industries. Using microbial processes, genetic engineering, computational analysis, computer simulation and other processes, new products and process development in the area of human and animal healthcare, agriculture, environment, and diagnostics have been undertaken. The endeavor is to provide need-based scientific leads to generate and transform R&D results into products or processes utilizable by the industry and beneficial for the society. The technologies developed are supported for patenting purposes to give full protection to the process developed under Patent Act. Technology transfers facilitate through BCIL and NRDC and through direct interaction with potential industries is another important thrust activity.

5. Small Industries Development Bank of India SIDBI: Direct credit Scheme Setting up of a new SSI unit/ service sector unit. Expansion / Diversification/   modernization/ technology up gradation/ quality certification. Any other activity considered relevant to the project. For undertaking various marketing related activities Acquisition of additional machinery / equipment  Meeting working capital requirements including gap in MPBF or margin on selective basis.  Any other activity as per guidelines (having linkages and benefits accruing to SSI sector from the proposed assistance).  All activities covered under erstwhile marketing assistance scheme for SSIs. 

Fast Track Financing Schemes (FTFS): To meet financial requirements of existing clients on a fast track basis for purpose(s) such as acquisition of additional machinery, equipment, miscellaneous fixed assets, undertaking various marketing related activities, quality up gradation and modernization measures, meeting working capital requirements. Financing integrated Cleaner Production measures: To provide finance for environment cleaner technologies. Credit Linked Capital Subsidy Schemes CLCSS: The objective of the scheme is to facilitate technology up gradation of tiny and SSI units in the specified products / sub-sectors as indicated below by providing12% capital subsidy for induction of proven technologies. SIDBI Venture Capital Limited (SVCL) is a wholly owned subsidiary of SIDBI, to oversee the Venture Capital operation of SIDBI. SVCL will manage the various Venture Capital Funds launched/ being launched by SIDBI. Current fund managed by SVCL is: 

 DISCLAIMER: The list of the Funding Agencies (Government or Private) in our web site is mere indicative and is not automatically endorsed by SIIC. Hence, any person or entity decides to avail of their services they are advised to inquire about the credentials of the Agency before sharing any information which they think is crucial for their Business.

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