Launched By: Department of Electronics and Information Technology (DeitY)
Industry Relevance : IT Services, analytics, enterprise software, technology hardware, Internet of Things, AI.
Eligibility : Startups, incubator/academia/accelerators. Should have projects in electronics & information technology.
Multiplier Grants Scheme (MGS) Details : The MGS aims to encourage collaborative R&D between industry and academics/R&D institutions for development of products and packages.
Monetary Incentives: The Government grants for individual industry would be limited to a maximum of INR 2 Cr per project and the duration of each project should, preferably, be less than two years. For industry consortiums, these figures would be INR 4 Cr and three years.
Time Period Validity : 2-3 years
To know more about Multiplier Grants Scheme (MGS) startup scheme by the Indian Government, click here.
){kind=link}
0 Comments