Garware Fulflex India – Venture Center CSR Collaboration aims to support entrepreneurs / start ups working on technologies with potential social impact.
Under its Corporate Social Responsibility activities Garware Fulflex India has provided funding for entrepreneurs working on products and solutions based on Polymer Science & Technology at Venture Centre. This collaboration was launched in F.Y. 2022-2023.
Objective To support technology incubation and technology entrepreneurs associated with Venture Center, an incubator approved by the Central Government (DST-NSTEDB and DBT – BIRAC of Ministry of Science and Technology) and located at CSIR – NCL (an academic & research laboratory )
Scope
Garware Fulflex CSR Grant will enable an entrepreneur / startup to do prototype development /pilot trials / field testing / technology implementation and adoption of appropriate technologies
Theme / Focus Areas of Grant Program
Innovative Polymers & soft materials based products
Solutions for polymeric waste management & value addition
Circular Economy & Sustainability with regards to materials
Without limiting scope unduly, the projects and technology entrepreneurs chosen shall be:
Focused on a leveraging science and technology/ inventions
Focused on building a sustainable and scalable entrepreneurial venture
There shall be no restriction on the background of the entrepreneur. However, preference may be given to:
Women entrepreneurs
Startups with validated technology addressing problems related to Polymers
Social enterprises
Any other criteria suggested by the Project Oversight Committee (POC)
Monitoring and reporting
Venture Center shall constitute a Program Oversight Committee (POC) for selection of grantees and to oversee the implementation of the project.
The scope and extent of support to the grantee shall be decided on a case-to-case basis by POC
The Project Leader shall periodically review projects and report the progress to the POC
