Thematic Focus Areas: Polymer Technology
Within the broad area of “Polymer Technology”, the following themes are of special interest :
– Developing environment-friendly/sustainable solutions
– Solutions that provide credible documentation/reporting of the environmental impact (esp footprint in terms of waste, carbon etc)
– Demonstrating impactful and high-visibility solutions for society using synthetic polymers
Preference may be given based on :
– Relevance to the polyurethane industry
– Capacity creation of a lasting nature of relevance to the industry
Nature of projects planned to be supported
Category A | Category B | |
Title | Bharat Seats Polymer Tech Grants | Bharat Seats Polymer Tech Fellows |
Purpose | Technology development/ deployment projects | Targeted support to enhance capacity development and build in-depth understanding of problem definitions |
A1) Grants to support early stage ideas/ pre-competitive R&D that will help generate the data for follow-on funding. A2) Grants to support generating key validation of the technology required before fundraising or market entry. | B1) Support for travel/visits/ trade show attendance etc for building in-depth understanding of industry needs B2) Other capacity development efforts | |
Mode of support | Grant to an organization (company/ R&D organization) | Reimbursement of costs by Venture Center against approved project and budget |
Intended applicants | Organization (for profit startups or non-profit organization) with a focus on R&D/ tech innovation. | Individuals with track record/plans to build competency/ research programs on industry relevant polymer technology. |
Who is eligible? | – Startups / Company / LLP registered under the relevant acts in India – R&D organizations engaging with Venture Center under TechEx.in program (Note: Others can apply but on selection will need to formally associate with Venture Center) | Individuals with track record/plans to build competency/ research programs on industry relevant polymer technology. |
Topics not eligible | – Topics of no relevance to polymer technology – Projects that have no element of new technology development and advancement | |
Preference may be given for | Novel and innovative ideas/ solutions | Women professionals/ researchersApplicants with a track record of contributions to industry projects |
Other requirements | – The Applicant/ Grantee shall be an organization. – If Applicant is a company, the Company/LLP should be registered under the relevant acts in India. – Every Applicant must nominate a competent Project Leader (PL) who will take responsibility for executing the project – PL has to be an individual (one person). – PL is required to be at least 18 years of age as on the date of call for applications. – Startup applicants need to meet Eligibility / Admissions Criteria of Venture Center for incubatee companies. | – Applicant is required to be at least 18 years of age as on the date of call for applications. – Applicant must be associated formally with an organization (as employee, student etc) |
Duration | Maximum of 6 months extendable by 2 months after review. | |
Indicative budget | Flexible within overall budget typical: Rs 6-9 lakhs/ project | Flexible within overall budget Indicative Cap: Rs 1 lakh |