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प्रौद्योगिकी विकास बोर्ड TECHNOLOGY DEVELOPMENT BOARD

Department of Science & Technology

Modes of Funding

The mandate of TDB is to provide financial assistance to the industrial concerns and other agencies attempting development and commercial application of indigenous technology or adopting imported technology for wider domestic application. The financial assistance can be in form of Loan, Equity and Grants. The Board does not levy any processing, administrative or commitment charges from the applicant.

LOAN

The financial assistance to the industrial concerns is provided a soft loan at 5% simple interest per annum. The financial assistance is 50 % of the un incurred project cost. The loan amount is disbursed in tranches based on pre decided technical and financial milestones. One Year moratorium is also provided to the company on completion of the project. The loan is generally repaid in 9 monthly installments.

 

EQUITY

TDB contributes by way of equity capital in an industrial concern on its commencement start-up and/or growth stages. It is up to 25 % of the approved project cost, provided such investment does not exceed the capital paid up by the promoters.

 

GRANT

TDB also provides financial assistance by way of grants to industrial concerns and R&D institutions engaged in developing indigenous technologies. The sanction of grants is provided in exceptional cases having importance towards fulfilling national interest.

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