Statutory Board

Science and Engineering Research Board

The  Science  and  Engineering  Research  Board  (SERB)  is  a  statutory  body established  through  an  Act  of  Parliament.  Supporting  basic  research  in  emerging areas  of  Science  &  Engineering  are  the  primary  and distinctive  mandate  of  the Board. The Board structure,  with both financial and administrative powers vested in the  Board,  would  enable  quicker  decisions  on  research  issues,  greatly  improving thereby our responsiveness to the genuine needs of the research scientists and the S&T system

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Technology Development Board

With a view to providing financial assistance to the industrial concerns for the development and commercialization of indigenous technology in a dynamic economic environment The Government of India constituted 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.
• Adapting imported technology to wider domestic application.


The Board has provided financial assistance to 372 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.

As part of National Technology Day celebration on 11th May every year, TDB presents following three Awards, to industrial concerns who have successfully commercialized an indigenous technology.

One (1) cash award of Rs. 25 lakh and a trophy to an industrial concern which has successfully developed & commercialized an indigenous technology. However, in case the technology developer and commercializing organizations are different each one would be eligible for cash prize and a trophy.

Three (3) cash awards of Rs. 15 lakh and a trophy each to a Micro, Small and Medium Enterprise that have successfully commercialized a technology product based on indigenous technology.

A cash award of Rs. 15 lakhs which was introduced for the first time for the F.Y. 2017-18 i.e. National Technology Start-up Award for promising new technology with potential for commercialization.

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

For Further Details Please Contact:

Technology Development Board,
Department of Science & Technology,
Block II, Second Floor, Technology Bhawan,
New Mehrauli Road, New Delhi-110016.
Tel: 26537349/26535049
Fax: 26531862, 26540137
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