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Statutory Board

Technology Development Board

With a view to providing financial assistance to the industrial concerns for the development and commercialisation of indigenous technology in a dynamic economic environment. The Government of India constituted a Technology Development Board on 1st September 1996. As a Statutory Body under the Department of Science & Technology, New Delhi. The Technology Development Board invests in equity capital and gives soft loan to the industrial concerns and other agencies as applicable to-

Attempting the development and application commercial of indigenous technology.
or
 
Adapting imported technology to wider domestic application.

The Board has provided financial assistance to 97 projects in the emerging areas of health and medical. Engineering, Chemical, Agricultural, Energy and Waste Utilisation, Air and road transport, Information technology and telecommunication, etc.

The Board has also instituted two National Awards for the successful commercialisation of indigenous technology as per below:

  • Cash award of Rs.5 lakh each to
    • An industrial concern, which has successfully commercialised
    • The developer/provider of such technology.
  • Cash award of Rs.2 lakh to
    An SSI unit which has successfully commercialised a product based on indigenous technology.

Awards will be given annually on the Technology Day, i.e. 11th May every year.

For Further Details Please Contact :

TECHNOLOGY DEVELOPMENT BOARD
Department of Science and Technology
A-Wing, Ground Floor, Vishwakarma Bhavan,
Shaheed Jit Singh Marg, New Delhi - 110 016
Telephone No. 26537349, 26540111
Fax No. 26531862, 26540137
Visit Technology development board at http://www.tdbindia.org

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