This competition aims to fund business-led, collaborative research and development (CR&D) projects focused in Net Zero Technologies, for innovative proposals developed between the UK and India. The deadline is 12th February 2025.
India-UK Collaborative R&D
The project must demonstrate the following criteria:
- A clear game-changing or disruptive innovative idea leading to new products, processes or services
- A strong and deliverable business plan that addresses and documents, market potential and needs
- Sound, practical financial plans and timelines
- Good value for money will always be a consideration in Innovate UK and the Department of Science and Technology funding decisions
- A clear, evidence-based plan to deliver significant economic impact, return on investment, and growth through commercialization, as soon as possible after project completion
- Considerable potential to significantly benefit the UK and India economy
- Benefits of participants from the countries working together and how this adds value
- A clear definition of where intellectual property (IP) can be used and shared between the participants and countries
- A clear route to exploitation or commercialization
India-UK Collaborative R&D Eligibility Criteria
The project must
- Have a grant funding request of no more than INR 150.00 Lakhs (India) & between £100,000 and £300,000 (UK only)
- Start by 1 September 2025
- End by 29 February 2027
- Last between 6 and 18 months
The project must:
- Be innovative
- Be a new product, process, or service
- Involve a technological risk
- Have a high market potential in the participating countries
Department of Science & Technology (DST), Government of India, will fund the selected projects, for a total project funding as a “Royalty Based Conditional Grant” for Indian applicants to a maximum of INR 150 lakhs per project or 50% of the Indian Project cost, whichever is lower. The deadline is 12th February 2025.
For further details, visit the official website: tdb.gov.in
