Technology Development Fund (TDF) scheme

About Technology Development Fund (TDF) scheme:

• It is a flagship programme of Ministry of Defence executed by Defence Research and Development Organisation (DRDO) under ‘Make in India’ initiative.
• The main objectives of the scheme are:
• To provide Grant in Aid to Indian industries, including MSMEs and Start-ups, as well as academic and scientific institutions for the development of Defence and dual use technologies that are currently not available with the Indian defence Industry.
• To engage with the private industries especially MSMEs and Start-ups to bring in the culture of Design & Development of Military Technology and support them with Grant in Aid.
• To focus on Research, Design & Development of Niche technologies which are being developed for the first time in the country.
• To create a bridge amongst the Armed Forces, research organizations, academia and qualifying/certifying agencies with private sector entities.
• To support the futuristic technologies having a Proof of Concept and converting them into prototype.
• Funding Support:
• The funding will be through provision of grants to the Industry.
• The project cost of up to INR 10 Cr will be considered for funding, subject to a maximum of 90% of the total project cost.
• Industry may work in collaboration with academia or research institutions.
• The work involvement of academia cannot exceed 40% of the total project cost.
• Project Duration: Maximum development period will be two years.