Unlocking Financial Avenues: Modes of Assistance
Discover the diverse modes of financial assistance offered by the Technology Development Board (TDB) to drive the development and commercialization of indigenous and adapted technologies for broader domestic applications.
Mode of Assistance | Description |
---|---|
Loan @ 5% Simple Annual Interest | Avail financial support in the form of a loan with a 5% simple annual interest rate. The loan can cover up to 50% of the project cost. |
Equity | Benefit from equity investment, with TDB providing support up to 25% of the project cost. |
Grant | In projects of national importance, TDB offers grants to facilitate development and application. |
Empower your innovation journey with TDB's versatile financial assistance