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NRDC LAUNCHED A SCHEME FOR FUNDING OF COMMERCILIZATION OF COVID -19 COMBATING TECHNOLOGIES

Apr 29th, 2020 8:37 pm | By | Category: LATEST NEWS

(THE NEWSMAN OF INDIA.COM)
NRDC launched a scheme to Support the researchers and innovators to mature the lab scale Technologies to commercial scale technologies for combating Covid-19.The financial support is in the form of grant in aid is up to Rs 10 lakhs. Higher amount can also be considered in deserving proposal having high impact.The financial assistance is for value addition such as scaling up, prototype development, market testing of the prototype,generating data required by regulatory authorities and certification etc.The focus areas are eco friendly sanitisers,rapid test kits,PPEs,Ventilators, medicines and vaccines.Research Laboratories,Universities,Startups,MSMEs can apply for this grant. NRDC has also brought out a compendium on Indian technologies for combating Covid -19. Most of these technologies are at proof of concept (POC) tested and help the entrepreneurs to take the product to market at faster time as they do not have to reinvent the wheel.Startups /Entrepreneurs who would like to commercialise these POC tested technologies are also eligible for applying this grant for Commercializing these technologies. The last date for applying on prescribed application form is 15.5.2020.

For more details about the scheme and application form ,interested researchers and innovators can visit web site www.nrdcindia.com

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