From 1 January 2023, the National Research and Development Corporation (NRDC) will conduct commercialization of the technology for Indian start-ups.
Union Minister Jitendra Singh said Thursday that from 1 January 2023, the National Research and Development Corporation (NRDC) will start commercializing the technology to the benefit of Indian start-ups.
Mr Singh, who presided over a meeting with the NRDC chief, DSIR and senior officials at the CSIR center in New Delhi, said the NRDC has signed more than 5,000 license agreements representing technologies from almost every industry sector since its establishment. rice field. The minister said he has also facilitated the filing of over 2000 patents in India.
NRDC has assisted the Inter-Ministerial Board (IMB) of DPIIT in technically assessing that start-up companies are allowed to avail of the extended benefits provided by the Government of India and to date More than 7,500 applications from companies have been evaluated, he said.
NRDC has also partnered with Indian Oil Corporation Limited (IOCL) to implement start-up schemes from start-up identification and holding to product launch, Singh said.
The Minister also noted that NRDC has signed a MoU with the Agriculture and Processed Food Export Development Authority (APEDA) to guide and monitor export-oriented agriculture-based start-ups.
Singh also said that the Technology Development, Validation and Commercialization Program (TDVC) program will provide grants to provide financial support to startups, incubators and MSMEs focused on the pain points of Indian society and brick-and-mortar manufacturing. Said it was a scheme. Economics.