Amid COVID-19 pandemic the Technology Development Board (TDB), a statutory body under the Department of Science & Technology, has invited proposal applications from Indian companies and enterprises to address protection and home-based respiratory intervention for COVID-19 patients. The proposal may include technologically innovative solutions like low-cost masks, cost-effective scanning devices, technologies for sanitization of large areas as well as for contactless entry, rapid diagnostic kits and oxygenators, and ventilators. TDB provides financial assistance by means of soft loans up to 50% of project cost @ 5% simple interest per annum, Equity participation up to a maximum of 25% of the project cost or grant in exceptional cases for encouraging the commercial application of indigenously developed technology; and for adapting imported technology to wider domestic application. The technologically innovative solutions have been invited for; Reportedly, the proposals may be submitted online via TDB website www.tdb.gov.in on or before 27th March 2020. The submitted proposals will be evaluated on the basis of scientific, technical, commercial, and financial merits. The details can be downloaded from www.tdb.gov.in.
Amid COVID-19 pandemic the Technology Development Board (TDB), a statutory body under the Department of Science & Technology, has invited proposal applications from Indian companies and enterprises to address protection and home-based respiratory intervention for COVID-19 patients.
The proposal may include technologically innovative solutions like low-cost masks, cost-effective scanning devices, technologies for sanitization of large areas as well as for contactless entry, rapid diagnostic kits and oxygenators, and ventilators.
TDB provides financial assistance by means of soft loans up to 50% of project cost @ 5% simple interest per annum, Equity participation up to a maximum of 25% of the project cost or grant in exceptional cases for encouraging the commercial application of indigenously developed technology; and for adapting imported technology to wider domestic application.
The technologically innovative solutions have been invited for;
Reportedly, the proposals may be submitted online via TDB website www.tdb.gov.in on or before 27th March 2020. The submitted proposals will be evaluated on the basis of scientific, technical, commercial, and financial merits. The details can be downloaded from www.tdb.gov.in.