To collaborate with the lead, your organisation must be one of the following UK registered:

• business of any size
• large organisation (business only)
• academic institution
• research and technology organisation (RTO)

Only UK registered partners must be listed in the Project Partner section of your application on the Innovation Funding Service (IFS). Your Indian partner will not receive any of this UK competition funding. Indian partners will be funded by the DST programme following a parallel application.

Each organisation in your consortium will receive funding from its respective national funding body.

(A)Funding for Indian Applicants

Selected project participants will receive funding from TDB, on behalf of Department of Science & Technology (DST), Government of India, in India and from UK Research and Innovation (UKRI) in UK respectively. Funds will be provided in accordance with the national laws, rules, regulations and procedures established by each organization, and/or each jurisdiction/country. TDB on behalf of the Department of Science & Technology (DST), Government of India, will fund the successful projects, as follows:

• Total project funding as “Royalty Based Conditional Grant” for Indian applicants to a maximum of INR 150 lakhs per project or 50% of the Indian Project cost, whichever is lower
• Indian industry share can range from INR 100 lakhs minimum to INR 125 lakhs maximum, if partnering with Indian R&D organization/academic institution.
• Indian R&D organization/academic institution share can be upto INR 50 lakhs maximum and may receive up to 100% of their costs (within applicable range specified above and as per proposal) on a reimbursement/advance basis as a Grant
• Indian industry may receive up to 50% of their part of the eligible cost on a reimbursement basis, for costs already incurred on a proportionate basis on the completion of milestones
• Funding from other public sector sources will be taken into account when awarding grant, and applicants will be asked to declare funding from other sources in the application

In addition to submitting the Application Form and its appendices, the Indian Project Lead will also be required to submit/upload the following:

• Covering letter
• Common Proposal Form
• Presentation for Evaluation Committee Meeting – add photographs in PPT
• Memorandum of Understanding (MoU) between All Consortium Partners. This MoU should basically cover the following points:
• oPercentage sharing of IP Rights on new product/process/knowledge being developed/ created/invented during this collaborative R&D Process.
• oBackground IP’s of the partnership (If Any) to be used for this project scope.
• oProbable/possible market for the new product/process/knowledge & rights to manufacture/License in the respective market for the period of Time (time span)
• % sharing of Royalty
• oDispute and arbitration clause
• oExclusivity and Non-Exclusivity rights if any
• Duration of this agreement in force
• Registration Certificate of all project partners, including Academia/R&D Labs, issued by competent authority
• In case of in-house R&D Centres, all relevant certificates from stakeholders, competent authority relevant for in-house R&D, Defence Manufacturing & production should be submitted.
• Audited Annual Reports (including Income Tax Return, Balance Sheet, and Profit & Loss Account & Auditor’s Reports) of all Consortium partners for the last three Financial Years.
• Know Your Customer (KYC) documents of all Consortium partner(s). KYC means Identity & Address proof of the organization which includes Company PAN Card, Electricity Bill, etc.)
• Self-Declaration of Applicant on Company letterhead, signed by MD/CEO/Company Secretary, as all Statutory Norms are complied by the Applicant till date.
• Share Holding Patter of the Company (highlighting the Foreign Investment, if any)
• Copy of all relevant Certification like CMMI, ISO, etc. if any.