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 disrupt your industry
We understand you are passionate about developing new products/ 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, that is why we are 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 crores in most cases. 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 fees, which includes out of pocket expenses and upfront fee. The manner in which this is charged is transparent therefore ensuring you have 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.
(1) What are the Different funding agencies for Research & Development in India?
(2) 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:
(3) What are the Eligibility criterions?
(4) 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