The Government of Gujarat has introduced the Scheme for Awards to MSMEs under the Industrial Policy 2020. This scheme aims to recognize and…
Innovations for Defence Excellence
Ministry: Ministry Of Defence
Department: Department Of Defence Production
Aimed at creation of an ecosystem to foster innovation and technology development in Defence and Aerospace by engaging Industries (incl MSMEs, start-ups, individual innovators R&D institutes, academia) and provide them grants and other supports to carry out R&D innovation for adoption in D&A Sector
About This Scheme
Benefits
1) SPARK (Support for Prototype and Research Kickstart) Grant: iDEX provides grants up to Rs. 1.50 Cr (up to Rs. 10 Cr in case of iDEX Prime) to the start-ups/MSMEs to fund the projects in many technological areas under Defence India Start-up Challenges (DISC) and Open Challenge through the Support for Prototype and Research Kick start (SPARK Framework)
2) Partner Incubators Support to iDEX winners:-
(a) Partner Incubator will provide mentorship to startups/MSMEs selected by iDEX-DIO.
(b) Partner Incubator will run programs like accelerators, incubation, etc. to strengthen selected startups/MSMEs beneficial for the India defence sector.
(c) Partner Incubator will undertake initiatives to reach out, spread awareness and promote innovations for defence among students/ researchers at all levels in academia
3) The major benefits from iDEX Scheme to Indian Defence Innovation Ecosystem are:-
(a) Facilitate rapid development of new, indigenized, and innovative technologies for the Indian defence and aerospace sector, to meet needs for these sectors in shorter timelines
(b) Create a culture of engagement with innovative startups, to encourage co-creation for defence and aerospace sectors
(c) Empower a culture of technology co-creation and co-innovation within the defence and aerospace sectors.
Eligibility
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Eligible Organisations/ Beneficiaries to avail the grants under Support for Prototype and Research Kickstart (SPARK), the eligibility is as follows:
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i. Startups, as defined and recognized by Department of Industrial Policy Promotion (DIPP), Ministry of Commerce and Industry, Government of India.
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ii. Any Indian company incorporated under the Companies Act 1956/2013,primarily a Micro, Small and Medium Enterprises (MSME) as defined in the MSME Act, 2006.
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iii. Individual innovators are also encouraged to apply (research & academic institutions can use this category to apply), however they are supposed to form a Start-up before signing the SPARK Grant Agreement.
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Required Documents
- ✦) Company Incorporation Certificate, AoA and MoA(in case of Pvt. Ltd./ Public limited company)
- ✦) DPIIT registration/valid MSME certificate
- ✦) Latest Audited Balance Sheet, ITR, P&L statements of the Company, if applicable
- ✦) Govt. Issued ID Card of applicant
✦ Required ◦ Optional
How to Apply
Application Link: https://idex.gov.in/challenge-categories
Application Process: Please follow the website https://idex.gov.in for application process stepwise)
Quick Info
- Level
- Central Government
- Launched
- 3 May 2021
Categories
Data Sources
- https://www.myscheme.gov.in/schemes/idex ↗Accessed 6 days ago
- https://www.myscheme.gov.in/schemes/idex ↗Accessed 14 days ago
- https://www.myscheme.gov.in/schemes/idex ↗Accessed 14 days ago
- https://www.myscheme.gov.in/schemes/idex ↗Accessed 22 days ago
- https://www.myscheme.gov.in/schemes/idex ↗Accessed 1 months ago
- https://www.myscheme.gov.in/schemes/idex ↗Accessed 1 months ago
- https://www.myscheme.gov.in/schemes/idex ↗Accessed 1 months ago
