Seed Support Scheme

TDB has provided financial assistance of Rs. 100 lakh each as grant to 36 Technology Business Incubators (TBIs) and Science & Technology Entrepreneur Park (STEPs) aggregating Rs. 3600 lakh under Seed support System for Start-ups in Incubators to incubate innovative technological ideas and to graduate them to successful commercialization. The assistance is positioned to create techno-entrepreneurs apart from acting as a bridge between development & commercialization of the technologies. The grant is meant to support the start-ups primarily for product development, testing & trials, test marketing, mentoring, professional consultancy, filing patents, manpower and other area as deemed necessary.

The financial assistance by TDB would facilitate the STEPs/TBIs to build up an incubation fund out of the inflows over a period of 5 years. The inflow would be ploughed back to support the next round of start-ups. The assistance to the incubatees may be in form of loan or equity.

36 STEPs/TBIs (Listed below) have been released Rs. 23 crores.