RDI Fund (RDIF)

The RDI Fund (RDIF) is a strategic initiative launched under the Technology Development Board (TDB) of India to foster a culture of high-end research, development, and innovation within the industrial landscape. The primary objective of this fund is to provide targeted financial support to industrial concerns that are actively engaged in developing new technologies or significantly improving existing ones. Unlike general development grants, the RDIF focuses specifically on the 'Research and Innovation' phase of a project, helping bridge the gap between a conceptual breakthrough and a market-ready prototype. This call for proposals invites enterprises to submit projects that demonstrate high technical merit and the potential for commercial scalability. By offering this support, the TDB aims to reduce the financial risk often associated with deep-tech research and encourages private sector investment in indigenous technology development. The fund is particularly geared towards projects that align with national priorities, such as self-reliance in manufacturing and advanced engineering. Selected applicants receive assistance to cover costs related to laboratory testing, trials, and the refinement of innovative processes. This program serves as a catalyst for founders and companies looking to establish India as a global hub for technological excellence and high-value intellectual property creation.