Technology Development Fund (TDF) Scheme
Ministry: Ministry Of Defence
Technology Development Fund (TDF) has been established to promote self-reliance in Defence Technology as a part of the 'Make in India' initiative.
About This Scheme
Benefits
> 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.
Eligibility
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Required Documents
- ✦Detailed Project Update Report
- ✦Utilization Certificate & Statement of Expenses (UC & SE)
- ✦Certificate from Chartered Accountant
✦ Required ◦ Optional
How to Apply
Quick Info
- Level
- Central Government
