{"id":1490,"date":"2018-12-07T19:20:00","date_gmt":"2018-12-07T13:50:00","guid":{"rendered":"\/1490"},"modified":"2025-06-19T11:41:23","modified_gmt":"2025-06-19T06:11:23","slug":"tdb-financial-assistance-indigenous-technology-development-india","status":"publish","type":"post","link":"https:\/\/www.bananaip.com\/intellepedia\/tdb-financial-assistance-indigenous-technology-development-india\/","title":{"rendered":"Financial Assistance from Technology Development Board (TDB) for Industrial Concerns for the Development of Indigenous Technologies"},"content":{"rendered":"
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First Publication Date: 4th October 2010<\/div>\n
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Technology Development Board (TDB) <\/b>mandates to provide financial assistance to the industrial concerns and other agencies attempting development and commercial application of indigenous technology or adapting imported technology for wider domestic application.<\/div>\n
TDB was established as per the provisions of Technology Development Board Act, 1995 by Government of India through Department of Science and Technology. The funds collected by the TDB are through industrial concerns under the provisions of the Research and Development Cess Act, 1986, as amended in 1995 and through other donations (as donation made to this fund have full deduction for income tax purposes).<\/div>\n
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Eligibility to apply for financial assistance:<\/div>\n
<\/div>\n
    \n
  1. \n
    Domestically generated Intellectual property by Inventors or Industrial Concern<\/div>\n<\/li>\n
  2. \n
    Start-up companies and\/or technocrat-entrepreneurs in agricultural product processing, information technology etc<\/div>\n<\/li>\n
  3. \n
    Any enterprise who has developed technology with the assistance of an R&D institution<\/div>\n<\/li>\n
  4. \n
    Commercial enterprises companies incorporated under companies act, 1956 (excluding sole entrepreneur \/ sole proprietorship\/partnership concerns) cooperatives and other agencies are eligible to seek money from the Board for the development and application of technology-based product or service<\/div>\n<\/li>\n
  5. \n
    Applications from enterprises for commercialization of indigenous technologies may be considered if the project is for commercialization of technology developed through the financial support provided under other major support measures provided by the Government for enhancing innovation and technology development like Home Grown Technology (HGT) Technology Vision 2020 implementation projects of Technology Information, Forecasting and Assessment Council (TIFAC) or under the Programme Aimed at Technological Self Reliance (PATSER) of DSIR or under the Technopreneur Promotion Programme (TePP) jointly operated by DSIR and DST.<\/div>\n<\/li>\n<\/ol>\n
    The financial assistance by TDB is provided to industrial concerns either at commencement, start up or growth stages. The assistance may be in the form of loan or equity and\/or in exceptional cases, grant. The duration of any project selected for such assistance shall be three years.<\/div>\n
    The Board shall select the application on merit to provide financial assistance. Few criteria for selecting the application on merits as mentioned in the guidelines of TDB are as follows:<\/div>\n