Technology Development Board Invites Project Proposals.

Technology Development Board -TDB, a statutory body, is first of its kind in the Government of India and an unique organisation to provide financial assistance by way of equity or loan or grants to industrial concerns and other agencies attempting commercial applications of indigenous technology or adapting imported technology for wider domestic applications and to entrepreneurs engaged in developing indigenous technology for commercial applications at incubator centers, R&D institutes, recognized by the Central Government. The assistance of loan is limited upto 50% of the project cost at a simple interest of 5% per annum.

TDB has provided financial support of about Rs.800 crores to 173 projects with a capital outlay of about Rs.2600 crores till 31st March 2007. These projects are in the areas of Healthcare, Pharmaceuticals, Chemicals, Transportation, Engineering, Agriculture, Information Technology, Telecommunication, Energy & Waste Utilization etc.

TDB priories projects of national importance and social relevance and encourages innovative technology based proposals besides supporting the incubation of new ventures resulting in commercialization. TDB accepts the project proposals throughout the year. You can download the application format and required information, guidelines from the below link and duly filled in proposals with supporting documents can be submitted to,

The Secretary,
Technology Development Board,
Department of Science & Technology,
Government of India,
A-Wing, Ground Floor,
Vishwakarma Bhawan,
Shaheed Jeet Singh Marg,
New Delhi – 110016.
Tel:91.11.2653-7349, 2654-0100.
Fax:91.11.26531862.
http://www.tdbindia.org

Please Note: The information provided here is in good faith and I request people to make use of this opportunity if they are really going to impliment the projects and do no use the facility just to take the equity/grant/loan.

4 Comments

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    Respected sir

    I am Dr.M. Vijay Antony working as project developer for Viruksha Emission solution, Chennai

    I like to setup an Indian ayurvedic pharma company (medicinal plants) I am in search of financial support for my company i.e., ventures capital or through loan basis.

    My aim:

    1. To setup an ayurvedic pharma company
    2. Medical tourism
    3. Medicinal plants research and development to develop new drugs.
    4. Technology transfer

    For set up an ayurvedic pharma our company is in need of 1000 acre of land. The cost it is 3.5 Cr approximately. I need minimum of 5Cr as loan or venture capital or grant to start the project. Kindly do needful for me.

    1. Guide me how and where to get venture capital or by loan in India.
    2. Information regarding how to trade medicinal plant products

    Waiting for your favorable reply.

    By

    Dr. M. Vijay Antony
    funantony@yahoo.com

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