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Application process
TePP Phase II: Seamless Scale-up Support (S3T) Scheme:
Details/Steps in the application process | |
Step 1 | Submit proposal online through VC-TUC site |
Step 2 | VC-TUC coordinator reviews the proposal/suggest changes |
Step 3 | Resubmit the proposal online through VC-TUC site |
Step 4 | Proposal sent to technical evaluation (by Chairperson of Phase-I Project Monitoring Committee) |
Step 5 | TUC will send proposals to two experts/angles for comments - based on which TUC will evaluate the proposal |
Step 6 | Evaluated proposals will be send to TePP Secretariat - which will examine, seek further comments, if necessary, and put forth proposal to TePP Screening Committee (TSC) for consideration; |
Step 7 | Innovators will be given an opportunity to present before the TSC; Once approved, to facilitate "financial closure", innovator will be given a letter of intent - which can be used to firm up agreements with banks etc. |
Step 8 | After "financial closure", applicant signs "Terms & Conditions" prior to the actual release of funds |
Step 9 | First release based on assessment of needs by TePP official; subsequent releases on assessments by TUC/Project Monitoring Committee |
Step 10 | Funds released by DSIR directly to the innovator |
Step 11 | Project completion/closure report will be reported to TSC for feedback and record |
Abbreviations: | DSIR - Department of Scientific and Industrial Research |
TePP - Technopreneur Promotion Program
TUC - TePP Outreach Center TSC - TePP Screening Committee (high-level committee appointed by DSIR/TePP administrators which makes the final funding decisions) TMC - TUC Monitoring Committee (this is a local/TUC level committee) VC - Venture Center |