TDB Core Funding

The Technology Development Board (TDB) Core Funding scheme is a flagship financial initiative by the Department of Science and Technology, Government of India. It is designed to bridge the gap between research and commercialization by providing essential capital to Indian industries. The primary objective is to foster an environment of innovation where indigenous technologies are not just developed in labs but are successfully brought to the marketplace. This funding supports ventures that are working on the commercial application of home-grown innovations or those looking to adapt and scale imported technologies for the specific needs of the Indian domestic market. By providing soft loans and financial assistance, the scheme reduces the high risk associated with technology-driven startups and industrial projects. The TDB has historically played a pivotal role in the 'Make in India' initiative by supporting diverse sectors including healthcare, telecommunications, energy, and manufacturing. Unlike traditional bank loans, this core funding is tailored for projects that involve a significant element of technological uncertainty but possess high potential for social and economic impact. The board evaluates proposals based on their technical feasibility, commercial viability, and the potential for creating a sustainable ecosystem for Indian intellectual property. This program ensures that Indian companies can compete globally by leveraging modernized tools and processes without being stifled by initial capital shortages.