Technology Development Fund (TDF)

Focus Areas

Significant upgradation/ improvements/developments in the existing products/processes/ applications
Technology readiness level upgradation from TRL 3 onwards to realization of products as per Tri-Services requirements
Development of futuristic technologies/innovative products which can be useful for defence applications
Import substitution of components whose technologies do not exist in the Indian industry
The scheme will be limited to development of technologies or prototypes of products having potential use for National Defence

The project cost of up to INR 50 Cr 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

Startup must be recognized by DPIIT as per GOI guidlines
Startup incorporated for less than 3 years from date of submission of application will be considered as nascent startups
Startup should not have received any grants/grants-in-aid by any government scheme for a similar technology
Any startup which is a public limited company, a private limited company, a partnership firm, a limited liability partnership, one-person company, sole proprietorship registered as per applicable Indian laws
The startup must be owned and controlled by a Resident Indian citizen with a shareholding of at least 51%
Nascent Startup should be incubated at one of the Central/State government assisted incubators