Phase II: Seamless Scale-up Support for TePP (S3T)

Eligibility

• Innovator who has successfully completed TePP Phase-I project and desires to take innovation to market by becoming Technopreneur.

• Innovators who have worked on `Phase-1 concept proving stage’ with support from other government agencies or with their own funds.

• Independent innovator taking up collaborative innovation in partnership with commercial firm using TePP Open Innovation Network.

• Entrepreneur taking CSIR rural technologies (with high social impact) to market.

Scope & Support

• Proposals aim at incubating enterprise promoted by independent Innovator. Activities aim at improving market access , by carrying out such value added work like adding product features, protection by patenting, aesthetic design, limited production for market seeding etc, as per approved business plan. 

• Maximum support under this category is Rs 45,00,000/- subject to a maximum 50% of approved project cost. An amount equivalent to government grant has to be raised by the technopreneur from Financial Institutes/ Angel investors etc.

Mechanism

• The applicant will be presenting their achievements in prior phase and plans for commercialization to TEPP Outreach Centre (TUC).

• For TePP Phase-1 innovators, the technical evaluation of phase-II proposal will be done by Chairperson of Phase-1 Project Monitoring Committee. For innovators not supported under Phase-1, an independent evaluation of their past work will be done by nominated experts. For entrepreneurs taking CSIR rural technologies to market, the evaluation will be done by concerned CSIR lab director. 

• The evaluated proposals are put forth to TePP Screening Committee (TSC) for consideration. Applicant will be given an opportunity to make presentation to TSC. If TSC recommends the proposal for TePP support, it will be processed on file for approval and release of grant. 

• To facilitate `financial closure’ the innovator will be given letter of intent, based on which innovator can firm up agreements with banks/ institutions to raise innovator’s part of resources.

• After Financial closure, the applicant has to sign "Terms & Conditions" prior to the actual release of grants-in-aid.

• The first release is based on assessment of need by TePP officer and subsequent releases are based on assessment by Project Monitoring Committee/authorized TUC.

• Project completion/ closure will be reported to TSC for feedback and record. 

Limiting conditions

• Eligibility is limited to those mentioned above.

• There is a need to submit viable Business plan. 

• TePP support will not exceed 50% of approved project cost subject to ceiling of Rs 45 lakhs and innovator need to raise resources for balance of the project cost. This arrangement has to be made before release of first sanction by TePP.

• Funds will be released to Innovator.

• Manpower costs supported will not exceed 20% of the total grant amount. Innovator’s salary and rental expenses for use of own facilities are not eligible for support.

• Travel costs supported will not exceed 5% of the total grant amount.

Application Form  RTF PDF and Terms and Conditions RTF PDF

Last Updated: October 30, 2009