Organisations that require such funding normally must go through competitive selections. Only those that have the most potential would be chosen. Funding is vital in ensuring sustainability of certain projects and SCPL can play a very important role in arranging for the required funding process.
We help you familiarise with the specific scheme application requirements which are crucial as failing to fulfil the requirement would result in rejection in the first stage of review. Making sure that you would be able to meet all the assessment criteria before planning to apply.
Government funding agencies always want to see that you have put in efforts to prepare your projects. It is essential that you display a sense of seriousness and keen to successfully deliver the projects that you are intended to carry out. It is always good to use evidence as a proof of any planning; this is a solid statement to persuade the funders that you are confident about what you are going to do for which SCPL provides you with much needed training and coordination.
We will help you access high priority Government Funding to develop unique solutions for Covid19 pandemic.
The present outbreak of coronavirus disease (COVID-19) was first reported from Wuhan, China, on 31 December 2019. Coronavirus disease (COVID-19) is a contagious infection instigated by a new virus that had not been previously reported on humans. COVID-19 has been acknowledged as a pandemic by WHO due to the frightening levels of spread and mortality rates. Mankind, to date, have not been able to identify a comprehensive treatment to prevent COVID-19.
In response to the epidemic severity, there is a crucial need to fast-track the development of diagnostics and vaccines for this novel coronavirus. Critical research is the need of the hour, because of the very limited level of knowledge around the new virus, and various means & techniques are necessary to fund significant research that can contribute to restrict this epidemic and prepare for outbreaks in the future. Crucial need to cultivate safe and effective counteractive measures that can be accessible, handy, and appropriate for is the need of the hour. Research is a vital and fundamental component of the answer to be able to detect key information gaps and research significances, and thereby hasten the production of serious scientific information and the most necessary medical products to contribute to the control COVID-19 emergency.
To support the readiness, and response for COVID-19, project proposals for funding are being implored for developing and production of Diagnostics, Vaccines, Novel Therapeutics, or any other method suitable for control of COVID-19 by Industry, Academia or Industry-Academia participation.
We understand you are passionate about developing new products and technologies to make this world a better place but getting access to grants and low-cost funding is critical to keep the R&D projects running smoothly.
SCPL understands you and what you do and is uniquely positioned to get you Government funding in the form of grants, low-cost loans or even equity funding in case of larger projects.
As you are aware getting funding from commercial investors is not viable in most cases and availing Govt. funding can be a tireless exercise.
The funding ranges from Rs.50 lac onwards up to Rs.10 crore in most cases and we involve in a detailed assessment before taking up your case so that we don't waste your time and ensure higher chances of success in getting you access to funding.
It usually takes at least 6 months to secure Govt. funding so you need to plan your requirement well in advance to ensure your projects don't get stuck or delayed.
We charge a combination of fixed fee including out of pocket expenses and success based fee which is transparent and milestone based ensuring you peace of mind.STAY SAFE, STAY WELL
To inspire, nurture and enhance the strategic research and innovation capabilities of the Indian technology driven industries, start-ups and SME’s, the Government of India has initiated several schemes, systems and platforms that help to make a difference in industry backed research and expedite novel, high quality products & technologies at affordable prices developed through state of the art.
Scinnovation Consultants Private Limited, in partnership with our strategic partner with a strong government network, assist our clients in identifying fundable projects, prepare documentation such as Detailed Project Report, get funding sanction and disbursal of funds. We are uniquely poised to assist our clients with our expertise in Intellectual Property and R&D incentives solutions having in-depth knowledge of the R&D ecosystem, Govt. interaction and building partnerships with academia.Types of funding
(typical funding size: Rs.10 lacs to Rs.100 crore disbursed on milestone basis):
Grant funding (normally royalty based conditional grant)
(1) What is Grant funding
A government grant is a financial aid given by the government for a beneficial project. It does not include technical support or other financial aid, such as a loan or loan guarantee or revenue sharing.
A soft loan is essentially a loan extended on lenient terms and conditions as compared to other loans. These lenient conditions can be in the form of lower interest rates, extended repayment duration with interest holidays. They are primarily provided by government financial institutions.
What are the Repayment option for soft loan?
(2) What are the Different funding agencies for Research & Development in India?
(3) What can I use the funds for and what does the funding cover?
Funding can be utilized for research and development projects, to develop new products and processes, to increase the affordability and innovative capability. Funding can also be utilized for further development of a product or process already available in the market.
R&D Funding normally cover the following costs:
(4) What are the Eligibility criterions?
(5) Documents required for funding (documents required will vary based on funding agency)
1. Detailed Project Report (DPR) of the R&D project along with summary
2. MOA AND AOA of the company
3. Certified Balance Sheet (Last 3 to 5 years)
4. DSIR certification (if available)
5. Patent landscape report
Deliverables by SCPL (with a strategic partner having strong Govt. networks)
(i) SCPL will evaluate the R&D projects with client and choose the most appropriate project for preparing a detailed project report (DPR) based on commercialization potential, patent landscape search and funding objectives
(ii) Submission of the application with funding agency
(iii) Supporting the client’s team on responding to queries raised from the funding agency
(iv) Monitoring status of the application on a timely basis and securing funds for the client through sanction and disbursement of funding
Team Scinnovation is highly competent in giving advisory services to clients in Intellectual property rights domain and in getting DSIR recognition to avail R&D tax incentives.
Mr Paresh Nayak
R&D Team member in NCR based Healthcare company
Scinnovation is well planned and time bound organization which helps clients to get their deliverables in time. The communication is very clear and effective. I would like to suggest that they provide support to their clients for writing their R&D plans and summarizing R&D projects.Mr Alpesh Suthar
R&D Manager in a Mumbai based Global Packaging company specializing FMCG and Pharma space
It has been a nice working experience working with Rajeev and team. They follow up with clients to get the work done and the work is done hand in hand. The deliverables have been as per our expectations that is the biggest plus point of Scinnovation.Mr. R.T. Prakash
R&D Head of one of the leading designers and manufacturers of Hydraulic Cylinders in India
It has been a nice working experience working with Rajeev and team. They follow up with clients to get the work done and the work is done hand in hand. The deliverables have been as per our expectations that is the biggest plus point of Scinnovation.Mr Santhosh Kumar Ragunathan
R&D Testing Engineer in a public ltd Auto company which supply products to OEMs