Technology Development Fund (TDF) Scheme
in Maharashtra
Last updated:
Technology Development Fund (TDF) Scheme in Maharashtra
Technology Development Fund (TDF) Scheme is a government scheme available to eligible residents of Maharashtra.
Apply for Technology Development Fund (TDF) Scheme in Maharashtra
Scheme Overview
Technology Development Fund (TDF) has been established to promote self-reliance in Defence Technology as a part of the 'Make in India' initiative.
Eligibility Criteria
- Public limited company, a private limited company, a partnership firm, a limited liability partnership, one-person company, sole proprietorship registered as per applicable Indian laws registered in India especially MSMEs and Startups.
- Startup must be recognized by Department for Promotion of Industry and Internal Trade (DPIIT) as per Government of India (GOI) guidelines.
- Startup incorporated for less than 3 years from date of submission of application will be considered as nascent startups.
- Nascent Startup should be incubated at one of the Central/State government assisted incubators.
- Startup should not have received any grants/grants-in-aid by any government scheme for a similar technology.
- The startup must be owned and controlled by a Resident Indian citizen with a shareholding of at least 51%.
Benefits
The project cost of up to INR 50,00,00,000/- will be considered for funding.
The funding may be up to 90% of the total project cost.
Industry may work in collaboration with academia or research institutions.
The funding will be linked to mutually agreed milestones.
Funds will be released either in advance against a bank guarantee of the same amount as collateral, or reimbursement based on the completion of milestones.
Subsequent installments will be released on successful completion of milestones.
Aims to provide financial assistance to startups for prototype development and trials.
Proposes to target nascent startups for project requirements inclusive of funding support of up to 20% to the incubators associated with the startup.
Option to create partnerships with academia, where the contribution of the academia is up to 40% of the total project effort.
Required Documents
| # | Document |
|---|---|
| 1 | Detailed Project Update Report |
| 2 | Utilization Certificate & Statement of Expenses (UC & SE) |
| 3 | Certificate from Chartered Accountant |
How to Apply in Maharashtra
Step 1: Every interested Industry /Technology expert/Academia must first register on the TDF portal.
Online Step 1: Every interested Industry /Technology expert/Academia must first register on the TDF portal.
Step 2: Click on "Register".
Online Step 2: Click on "Register".
Step 3: Fill Name, Contact Details, Organisation Name and choose your value in "Register As" and in "Focus Area" option.
Online Step 3: Fill Name, Contact Details, Organisation Name and choose your value in "Register As" and in "Focus Area" option.
Step 4: Click on the Check Box For Self-declaration of being an Indian Company with 51% of stakes with a Resident Indian Citizen.
Online Step 4: Click on the Check Box For Self-declaration of being an Indian Company with 51% of stakes with a Resident Indian Citizen.
Step 5: Agree to the Terms and Conditions by clicking the check box.
Online Step 5: Agree to the Terms and Conditions by clicking the check box.
Step 6: Verify the captcha then click on "Register" button.
Online Step 6: Verify the captcha then click on "Register" button.
Step 1: Visit the TDF portal.
Online Step 1: Visit the TDF portal.
Step 2: Click on "Proceed to Login" button and enter Email, Password and verify the captcha.
Online Step 2: Click on "Proceed to Login" button and enter Email, Password and verify the captcha.
Step 3: Click on "Login" button and furnish all the details as required.
Online Step 3: Click on "Login" button and furnish all the details as required.
Common questions in Maharashtra
Who can apply for Technology Development Fund (TDF) Scheme in Maharashtra?
Eligible residents of Maharashtra who meet the scheme’s overall criteria can apply for Technology Development Fund (TDF) Scheme. Refer to the eligibility section above for the complete checklist.
What documents are required for Technology Development Fund (TDF) Scheme in Maharashtra?
Applicants in Maharashtra typically need identity proof (Aadhaar), state residency proof, bank account details, and any scheme-specific documents listed in the documents section.
Frequently Asked Questions
Technology Development Fund (TDF) has been established to promote self-reliance in Defence Technology as a part of the 'Make in India' initiative. It is a programme of the Ministry of Defence.