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US-India Science and Technology Endowment Fund 2015

Deadline: 16-Aug-2015

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Award$400,000 or Rs 2.5 crore
EligibilityStartups, Corporate, Individual
CountryIndia
Scholarship provider contact

Indo-US Science & Technology Forum

Fulbright House, 12 Hailey Road
New Delhi - 110001, India
Phone: 91-11-42691700
Fax: 91-11-23321552
Website: www.indousstf.org
Email: endowment@indousstf.org

Description

The governments of the United States of America (through the Department of State) and India (through the Department of Science & Technology) have established the United States–India Science & Technology Endowment Fund (USISTEF) for the promotion of joint activities that would lead to innovation and entrepreneurship through the application of science and technology.The Endowment Fund activities are implemented and administered through the bi-national Indo-US Science and Technology Forum (IUSSTF).

Eligibility

Proposals must include a minimum of one partner from each country. Bi-national teams
applying to the Endowment will work together to commercialize technologies for societal
impact.
The Bi-national teams can include:
i) Start-up companies; or
ii) Incorporated companies; or
iii) Non-incorporated entities; or
iv) Individuals or consortia from academia, government laboratories, non-government R&D institutions.

  • Each bi-national team must include at the time of application an entrepreneurial (smallscale as opposed to large-scale) entity that will receive a portion of the grant and take the technology to the market. If partners are planning to form a new venture to commercialize the technology, the proposal should include planned incorporation date and the amount of grants requested for the new entity.
  • The proposed technology must have the potential to be commercialized within two to three years.

How to apply?

Candidate have to apply online going to the link provided in the page.

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