Grant for Research and Entrepreneurship across Aspiring Innovators in Technical Textiles |
Organization | Ministry of textles |
Source of funding | |
Scheme | Grant for Research and Entrepreneurship across Aspiring Innovators in Technical Textiles |
Type of funding | Grant |
Funding Amount | 5000000 |
Description | Grant-in-aid of normally upto INR 50 Lakhs for a period of 18 months. |
Range of funding | Rs 25 lakh to Rs 50 lakh |
Target investees | individual/ Startup |
Note | GREAT encourages young innovators, scientists/technologists, and
startup ventures in the field of Technical Textiles to translate their ideas into
commercial technologies/products and make India self-reliant. GREAT supports individual entrepreneurs or start-ups for functional prototypes or
commercialization of their technologies for Technical Textiles. |
Purpose | GREATbelieves in utilizing the inexhaustive talent pool and expertise of India in
Technical Textiles sector to bring innovative products/technologies to the
market:
i. Support young innovators/entrepreneurs in Technical Textiles totranslate
their prototypes to technologies/products.
ii. Support commercialization of technologies developed by innovators/startups in Technical Textiles.
iii. Bring forward a culture of rapid translation of ideas/prototypes to products through collaboration and association of different partners in the country and establishment of start-ups ecosystem in Technical Textiles. |
Focus area | Multiple focus areas |
Provides Funds For | A, B, C, D, E, |
Scheme Type | Ongoing scheme |
Recommended scheme | |
Scheme status | Live scheme |
More detail.. | Link |