Technology Development Fund (TDF) Scheme

Technology Development Fund (TDF) Scheme Latest News

Recently, the Defence Research and Development Organisation has handed over seven technologies developed under the Technology Development Fund (TDF) scheme to armed forces.

About Technology Development Fund (TDF) Scheme

• It has been established to promote self-reliance in Defence Technology as a part of the ‘Make in India’ initiative.
• It encourages the participation of public/private industries, especially MSMEs and startups, so as to create an ecosystem for enhancing cutting-edge technology capability in the defence sector.
• Nodal Ministry: Ministry of Defence.
• Funding Support
  • The project cost of up to INR 50 crore will be considered for funding.
  • The funding may be up to 90% of the total project cost.
  • Project Duration: The maximum development period will be four (4) years.

‹ ›

Eligibility criteria for Technology Development Fund (TDF) Scheme

• Entity Type: A public limited company, a private limited company, a partnership firm, a limited liability partnership, a one-person company, or a sole proprietorship registered as per applicable Indian laws registered in India especially MSMEs and Startups.
• The industry must be owned and controlled by a resident Indian citizen.
• An entity with excess of 49 percent foreign investment not be eligible.
• Start up
  • Startups must be recognized by the Department for Promotion of Industry and Internal Trade (DPIIT) as per Government of India (GOI) guidelines.
  • Startups incorporated for less than three years from date of submission of application will be considered as nascent startups.
  • A nascent Startup should be incubated at one of the Central/State government assisted incubators.
  • Startups should not have received any grants/grants-in-aid by any government scheme for a similar technology.
  • The startup must be owned and controlled by a Resident Indian citizen with a shareholding of at least 51%.

Source: PIB