5 months ago
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The Centre connected Sunday (January 4, 2026) relaxed norms for deep-tech start-ups to avail fiscal assistance from the Department of Scientific and Industrial Research (DSIR).
At the 42nd instauration time celebrations of the DSIR, Union Science and Technology Minister Jitendra Singh announced the removal of the three-year viability criteria for deep-tech start-ups to avail fiscal assistance of up to ₹1 crore nether the Industrial Research and Development Promotion Programme (IRDPP) of the department.
The DSIR extends fiscal assistance of up to ₹1 crore to start-ups nether the IRDPP lone if they beryllium to beryllium sustainable and viable for a minimum play of 3 years.
Describing the determination arsenic an inducement to accelerate and prolong start-ups, Mr. Singh said, "The removal of the three-year beingness request is simply a important inducement to assistance deep-tech start-ups standard faster, adjacent earlier they are afloat connected their own." However, the start-ups volition person to support due valuation standards linked to technological maturity, the Minister said.
The determination is expected to supply aboriginal momentum to projects arsenic good arsenic promising innovators and entrepreneurs.
Addressing the gathering, the Minister said that portion the Rs 1 lakh crore Research, Development and Innovation (RDI) money has generated unprecedented enthusiasm crossed the country, it is designed to enactment start-ups that person achieved a definite level of technological maturity.
"For early-stage innovators oregon start-ups, a wide handbasket of schemes already exists crossed departments specified arsenic DST, CSIR, TDB (Technology Development Board) and others,” Mr. Singh said.
