Centre relaxes norms for startups to avail funds from DSIR

The Centre on Sunday relaxed the norms for deep-tech startups to avail financial assistance from the Department of Scientific and Industrial Research.

At the 42nd foundation day celebrations of the DSIR, the Union Science and Technology Minister Jitendra Singh announced the removal of the three-year viability criteria for deep-tech startups to avail financial assistance of up to Rs 1 crore under the Industrial Research and Development Promotion Program (IRDPP) of the department.

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