{"id":4632,"date":"2019-01-24T15:56:05","date_gmt":"2019-01-24T15:56:05","guid":{"rendered":"http:\/\/irst.world\/home\/?page_id=4632"},"modified":"2021-02-23T16:37:32","modified_gmt":"2021-02-23T11:07:32","slug":"funding-assistance","status":"publish","type":"page","link":"https:\/\/irst.world\/home\/funding-assistance\/","title":{"rendered":"Funding Assistance"},"content":{"rendered":"<p>[vc_row 0=&#8221;&#8221;][vc_column 0=&#8221;&#8221;][vc_column_text 0=&#8221;&#8221;]<\/p>\n<p style=\"text-align: left;\">Funding agencies are Govt. or Non-govt. body providing monitory grants for scientific research Areas-Science and Technology, Social sciences, etc. In India, various funding agencies are available which provide grants for research in the various field. These agencies conduct research schemes to promote research in India in the science and\/or medical stream and provide a research grant. Research funding is a term generally covering any funding for scientific research, in the areas of both &#8220;hard&#8221; science and technology and social science. It is a competitive process, in which potential research projects are evaluated and only the most promising receive funding. Such processes, which are run by government, corporations, or foundations, allocate scarce funds.<\/p>\n<p>TBI has constituted two different Seed Support Systems for Startup companies. Technology Development Board, Govt. of India. National Science &amp; Technology Entrepreneurship Development Board (NSTEDB), Govt. of India This scheme enables our TBI to offer early-stage financial support for deserving ideas\/technologies requiring up-scaling and related work.<\/p>\n<p>The Start-ups would be supported primarily on the following:-<\/p>\n<ul>\n<li>Product Development<\/li>\n<li>Testing and Trials<\/li>\n<li>Test Marketing<\/li>\n<li>Mentoring<\/li>\n<li>Professional Consultancy<\/li>\n<li>Filing of Patents<\/li>\n<li>Manpower<\/li>\n<li>Any other deemed necessary and recommended by the Management Committee constituted by IRST-TBI.<\/li>\n<\/ul>\n<p>Signing and exchange of agreement with Technology Development Board on 16th September 2013<\/p>\n<p>Quantum of Financial Assistance<\/p>\n<p>Maximum: Rs. 50 Lakhs<br \/>\nTBI would enter into a proper agreement with the start-up unit before providing Financial Support (by way of a Soft Loan)<br \/>\nAs this scheme is applicable only for Incubatees of our TBI, the first logical step would be to apply for Business Incubation Support in our TBI.<\/p>\n<h3><span style=\"text-decoration: underline;\"><strong><span style=\"color: #003300; text-decoration: underline;\">Angel Funding<\/span><\/strong><\/span><\/h3>\n<p>IRST-TBI has over the period of years developed contacts with several affluent individuals who provide capital for business start-ups, usually in exchange for convertible debt or ownership equity. IRST-TBI connects its incubated with Angel Investors as and when the company is ready to assimilate the funds effectively and grow.<\/p>\n<p>Facilitation of Government Grants:<\/p>\n<p>Funding to the Startups is also arranged through various grants available from the government through various schemes. IRSTTBI constantly follows the updates from the government e.g. DST, DSIR, DBT, DIT, MSME, TIFAC, and the like concerning funding schemes and recommends appropriate schemes to the incubates.<\/p>\n<h2 style=\"text-align: center;\"><span style=\"color: #800000;\">Venture Development Process<\/span><\/h2>\n<div class=\"content\">\n<p class=\"padd-1\">Venture development at i2E is a structured process consisting of three phases, namely, PREPARE, DEVELOP and LAUNCH. In the first phase of PREPARE, aspiring entrepreneurs are provided instruction on the fundamentals of entrepreneurship through the preparatory learning modules, while in the more intense DEVELOP phase, they are exposed to the core elements of venture development through experiential learning, and pass through the NU-IDEA proprietary Ready-Set-Go stage-gates, to finally LAUNCH their ventures.<\/p>\n<\/div>\n<div class=\"row\">\n<div class=\"col-md-4\">\n<div id=\"cardLeft\" class=\"card card-1\">\n<div class=\"content\">\n<h2 class=\"text-center\">Phase -I (Basics)<\/h2>\n<ul class=\"card card-2\">\n<li class=\"tick-green\">Program Orientation<\/li>\n<li class=\"tick-green\">Phase-I of the program is the PREPARE phase, for approximately 3 months (on a part-time basis), and shall cover:<\/li>\n<li class=\"tick-green\">Program Orientation<\/li>\n<li class=\"tick-green\">Introduction to Entrepreneurship<\/li>\n<li class=\"tick-green\">Building Venture Teams<\/li>\n<li class=\"tick-green\">Accounting Fundamentals for Entrepreneurs<\/li>\n<li class=\"tick-green\">Marketing Basics<\/li>\n<li class=\"tick-green\">Rapid prototyping, Lean Design<\/li>\n<li class=\"tick-green\">Communication Skills<\/li>\n<li class=\"tick-green\">Initiation of business idea<\/li>\n<li class=\"tick-green\">Ranking\/grouping of candidates based on their readiness with a business idea<\/li>\n<li class=\"tick-green\">Certificate in Basics of Entrepreneurship<\/li>\n<\/ul>\n<ul class=\"card card-2\">\n<li class=\"tick-blue\">Initiation of business idea<\/li>\n<li class=\"tick-blue\">Ranking\/grouping of candidates based on their readiness with a business idea<\/li>\n<li class=\"tick-blue\">Certificate in basics of Entrepreneurship<\/li>\n<li class=\"tick-blue\">Note: A max of 250 students from Phase I quality for graduation into Phase II<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"col-md-4\">\n<div id=\"cardCenter\" class=\"card card-1\">\n<div class=\"content\">\n<h2 class=\"text-center\">Phase -II (Core)<\/h2>\n<ul class=\"card card-2\">\n<li class=\"tick-green\">Under this DEVELOP phase, for approximately six months (part-time, but with serious focus and time commitment), ventures are accelerated through the Ready-Set-Go stages, including:<\/li>\n<\/ul>\n<div class=\"content\">\n<h5>Ready Stage<\/h5>\n<ul>\n<li class=\"tick-blue\">Ideation<\/li>\n<li class=\"tick-blue\">Market Research, Competitive Analysis<\/li>\n<li class=\"tick-blue\">Customer Discovery<\/li>\n<li class=\"tick-blue\">Solution Design<\/li>\n<\/ul>\n<\/div>\n<div class=\"content\">\n<h5>Set Stage<\/h5>\n<ul>\n<li class=\"tick-blue\">Business Plan<\/li>\n<li class=\"tick-blue\">Investor Pitch<\/li>\n<li class=\"tick-blue\">Raising Capital<\/li>\n<\/ul>\n<\/div>\n<div class=\"content\">\n<h5>Go Stage<\/h5>\n<ul>\n<li class=\"tick-blue\">Business Model<\/li>\n<li class=\"tick-blue\">Financial Statements<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"col-md-4\">\n<div id=\"cardRight1\" class=\"card card-1\">\n<div class=\"content\">\n<h3 class=\"text-center\">Demo Day: Launch-ready venture<\/h3>\n<ul class=\"card card-2\">\n<li class=\"tick-green\">Prototype grant and Gap seed funding for promising ventures<\/li>\n<li class=\"tick-green\">Top two ventures to participate in Husky Startup Challenge at NEU, Boston<\/li>\n<li class=\"tick-green\">Diploma in Venture Development awarded jointly by NU &amp; APSSDC to graduating students<\/li>\n<li class=\"tick-green\">One transferable course credit issued by NU<\/li>\n<\/ul>\n<\/div>\n<div class=\"content\">\n<h3 class=\"text-center\"><span style=\"color: #000000;\">Venture Launch<\/span><\/h3>\n<ul class=\"card card-2\">\n<li class=\"tick-green\">After graduation, i2E infrastructure resources and advisory services shall be available to ventures for approximately 3 months to help raise the money and\/or build the venture further. LAUNCH is defined as the stage when the venture has generated self-sustaining revenues or when it has raised external funding to the tune of INR 2,500,000 (25 lakhs)<\/li>\n<\/ul>\n<ul class=\"card card-2\">\n<li class=\"tick-blue\">Continue to use i2E resources, and get advice and guidance to raise money and build and grow a venture.<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>[\/vc_column_text][vc_column_text css=&#8221;.vc_custom_1549784445798{margin-top: 20px !important;margin-right: 20px !important;margin-bottom: 20px !important;margin-left: 20px !important;border-top-width: 10px !important;border-right-width: 10px !important;border-bottom-width: 10px !important;border-left-width: 10px !important;padding-top: 15px !important;padding-right: 15px !important;padding-bottom: 15px !important;padding-left: 15px !important;border-left-color: #81d742 !important;border-left-style: solid !important;border-right-color: #81d742 !important;border-right-style: solid !important;border-top-color: #81d742 !important;border-top-style: solid !important;border-bottom-color: #81d742 !important;border-bottom-style: solid !important;border-radius: 30px !important;}&#8221;]<\/p>\n<table class=\"contentpaneopen\" style=\"height: 27px;\" width=\"680\">\n<tbody>\n<tr>\n<td class=\"contentheading\" style=\"text-align: center;\" width=\"100%\">\n<h3><span style=\"text-decoration: underline;\"><strong>Research Funding Agencies and Proposal Writing<\/strong><\/span><\/h3>\n<h3><a href=\"http:\/\/irst.world\/home\/wp-content\/uploads\/2019\/01\/IRST-FUNDING-PROPOSAL.pdf\"><span style=\"color: #800000;\">CLICK &#8211;<\/span>&#8211;\u00a0 \u00a0IRST-FUNDING PROJECTS PROPOSAL\u00a0\u00a0\u00a0\u00a0<\/a><\/h3>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3>&#8211; Funding for innovation pilot projects<\/h3>\n<h3>&#8211; Funding for projects from established networks<\/h3>\n<p>The call is addressed to scientists requiring temporary support for preparing a major grant application within a strategic field of the university and to researchers who are planning an innovative interdisciplinary pilot project. A maximum of CHF 50,000 can be applied for as a grant.<\/p>\n<p>Research proposals from established networks are also accepted.<\/p>\n<p><strong>Who can apply?<\/strong><\/p>\n<ul>\n<li>Professors or group leaders who are preparing a major grant proposal as responsible PI or coordinator (NCCR, ERC, Horizon 2020 coordination) or who need support in realizing an interdisciplinary project idea (e.g. to apply Sinergia),<\/li>\n<li>Researchers who are planning a pilot project with high innovation potential concerning support from Innosuisse or the establishment of a spin-off,<\/li>\n<li>Researchers who would like to carry out a project within the framework of a recognized research network.<\/li>\n<\/ul>\n<p>[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column width=&#8221;2\/3&#8243;][vc_column_text]<\/p>\n<h4><span style=\"text-decoration: underline;\"><span style=\"color: #008000;\"><em><strong>LIST OF FUNDING AGENCIES FOR RESEARCH PROPOSALS<\/strong><\/em><\/span><\/span><\/h4>\n<p>&nbsp;<\/p>\n<h4 style=\"text-align: center;\"><span style=\"color: #808000;\"><a href=\"http:\/\/www.aerb.gov.in\/\" target=\"_blank\" rel=\"noopener noreferrer\">Atomic Energy Regulatory Board (AERB)<\/a><\/span><\/h4>\n<h4 style=\"text-align: center;\"><span style=\"color: #808000;\"><a href=\"http:\/\/drdo.gov.in\/drdo\/boards\/ardb\/rules&amp;grants_intro.htm\" target=\"_blank\" rel=\"noopener noreferrer\">Aeronautics Research and Development Board (ARDB)<\/a><\/span><\/h4>\n<h4 style=\"text-align: center;\"><span style=\"color: #808000;\"><a href=\"http:\/\/www.barc.gov.in\/brns\/index.html\" target=\"_blank\" rel=\"noopener noreferrer\">Board of Research in Nuclear Sciences (BRNS)<\/a><\/span><\/h4>\n<h4 style=\"text-align: center;\"><span style=\"color: #808000;\"><a href=\"http:\/\/www.csir.res.in\/\" target=\"_blank\" rel=\"noopener noreferrer\">Council of Scientific &amp; Industrial Research(CSIR)<\/a><\/span><\/h4>\n<h4 style=\"text-align: center;\"><span style=\"color: #808000;\"><a href=\"http:\/\/drdo.gov.in\/\" target=\"_blank\" rel=\"noopener noreferrer\">Defense Research &amp; Development Organisation (DRDO)<\/a><\/span><\/h4>\n<h4 style=\"text-align: center;\"><span style=\"color: #808000;\"><a href=\"http:\/\/www.dae.gov.in\/\" target=\"_blank\" rel=\"noopener noreferrer\">Department of Atomic Energy<\/a><\/span><\/h4>\n<h4 style=\"text-align: center;\"><span style=\"color: #808000;\"><a href=\"http:\/\/dbtindia.nic.in\/\" target=\"_blank\" rel=\"noopener noreferrer\">Department of Biotechnology (DBT)<\/a><\/span><\/h4>\n<h4 style=\"text-align: center;\"><span style=\"color: #808000;\"><a href=\"http:\/\/chemicals.nic.in\/\" target=\"_blank\" rel=\"noopener noreferrer\">Department of Chemicals &amp; Petrochemicals, Ministry of Chemicals &amp; Fertilizers<\/a><\/span><\/h4>\n<h4 style=\"text-align: center;\"><span style=\"color: #808000;\"><a href=\"http:\/\/deity.gov.in\/\" target=\"_blank\" rel=\"noopener noreferrer\">Department of Electronics and Information Technology<\/a><\/span><\/h4>\n<h4 style=\"text-align: center;\"><span style=\"color: #808000;\"><a href=\"http:\/\/www.icar.org.in\/\" target=\"_blank\" rel=\"noopener noreferrer\">Indian Council of Agricultural Research (ICAR)<\/a><\/span><\/h4>\n<h4 style=\"text-align: center;\"><span style=\"color: #808000;\"><a href=\"http:\/\/www.icmr.nic.in\/\" target=\"_blank\" rel=\"noopener noreferrer\">Indian Council of Medical Research (ICMR)<\/a><\/span><\/h4>\n<h4 style=\"text-align: center;\"><span style=\"color: #808000;\"><a href=\"http:\/\/www.icssr.org\/\" target=\"_blank\" rel=\"noopener noreferrer\">Indian Council of Social Science Research (ICSSR)<\/a><\/span><\/h4>\n<h4 style=\"text-align: center;\"><span style=\"color: #808000;\"><a href=\"http:\/\/insaindia.org\/\" target=\"_blank\" rel=\"noopener noreferrer\">Indian National Science Academy (INSA)<\/a><\/span><\/h4>\n<h4 style=\"text-align: center;\"><span style=\"color: #808000;\"><a href=\"http:\/\/www.isro.org\/\" target=\"_blank\" rel=\"noopener noreferrer\">Indian Space Research Organisation (ISRO)<\/a><\/span><\/h4>\n<h4 style=\"text-align: center;\"><span style=\"color: #808000;\"><a href=\"http:\/\/www.mod.nic.in\/\" target=\"_blank\" rel=\"noopener noreferrer\">Ministry of Defence<\/a><\/span><\/h4>\n<h4 style=\"text-align: center;\"><span style=\"color: #808000;\"><a href=\"http:\/\/dod.nic.in\/\" target=\"_blank\" rel=\"noopener noreferrer\">Ministry of Earth Science<\/a><\/span><\/h4>\n<h4 style=\"text-align: center;\"><span style=\"color: #808000;\"><a href=\"http:\/\/envfor.nic.in\/\" target=\"_blank\" rel=\"noopener noreferrer\">Ministry of Environment &amp; Forests (MoEF)<\/a><\/span><\/h4>\n<h4 style=\"text-align: center;\"><span style=\"color: #808000;\"><a href=\"http:\/\/mohfw.nic.in\/\" target=\"_blank\" rel=\"noopener noreferrer\">Ministry of Health &amp; Family Welfare<\/a><\/span><\/h4>\n<h4 style=\"text-align: center;\"><span style=\"color: #808000;\"><a href=\"http:\/\/petroleum.nic.in\/\" target=\"_blank\" rel=\"noopener noreferrer\">Ministry of Petroleum &amp; Natural Gas<\/a><\/span><\/h4>\n<h4 style=\"text-align: center;\"><span style=\"color: #808000;\"><a href=\"http:\/\/powermin.nic.in\/\" target=\"_blank\" rel=\"noopener noreferrer\">Ministry of Power<\/a><\/span><\/h4>\n<h4 style=\"text-align: center;\"><span style=\"color: #808000;\"><a href=\"http:\/\/www.rural.nic.in\/\" target=\"_blank\" rel=\"noopener noreferrer\">Ministry of Rural Development<\/a><\/span><\/h4>\n<h4 style=\"text-align: center;\"><span style=\"color: #808000;\"><a href=\"http:\/\/www.indianrailways.gov.in\/\" target=\"_blank\" rel=\"noopener noreferrer\">Ministry of Railways<\/a><\/span><\/h4>\n<h4 style=\"text-align: center;\"><span style=\"color: #808000;\"><a href=\"http:\/\/ssi.nic.in\/\" target=\"_blank\" rel=\"noopener noreferrer\">Ministry of Small Scale Industries<\/a><\/span><\/h4>\n<h4 style=\"text-align: center;\"><span style=\"color: #808000;\"><a href=\"http:\/\/texmin.nic.in\/\" target=\"_blank\" rel=\"noopener noreferrer\">Ministry of Textiles<\/a><\/span><\/h4>\n<h4 style=\"text-align: center;\"><span style=\"color: #808000;\"><a href=\"http:\/\/urbanindia.nic.in\/\" target=\"_blank\" rel=\"noopener noreferrer\">Minist<\/a><\/span><\/h4>\n<p><span style=\"color: #ffffff;\">+IRST +INDIA, +IRST +WORLD, +Ph.D. +research +journals, +Scopus +journals, +Scopus +index +journals, +international +conferences, +internships +industrial, +visits +patents +design +patents, +Ph.D. +admissions, +university +internships, +internships +1month, +certification+courses, +placement, +assistance, +soft +skill +development, +RESEARCH &amp; +DEVELOPMENT, <span class=\"display-name\">INSTITUTION +OF +RESEARCH +SCIENCE +AND +TECHNOLOGY,<\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[vc_row 0=&#8221;&#8221;][vc_column 0=&#8221;&#8221;][vc_column_text 0=&#8221;&#8221;] Funding agencies are Govt. or Non-govt. body providing monitory grants for scientific research Areas-Science and Technology, Social sciences, etc. In India, various funding agencies are available which provide grants for research in the various field. These agencies conduct research schemes to promote research in India in the science and\/or medical stream [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"spay_email":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v16.0.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Funding Assistance - IRST<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/irst.world\/home\/funding-assistance\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Funding Assistance - IRST\" \/>\n<meta property=\"og:description\" content=\"[vc_row 0=&#8221;&#8221;][vc_column 0=&#8221;&#8221;][vc_column_text 0=&#8221;&#8221;] Funding agencies are Govt. or Non-govt. body providing monitory grants for scientific research Areas-Science and Technology, Social sciences, etc. In India, various funding agencies are available which provide grants for research in the various field. 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