DST launches INR 15 Crore fund to support India-Russia collaboration joint R&D and cross-country technology adaptation


DST launches INR 15 Crore fund to support India-Russia collaboration joint R&D and cross-country technology adaptation


The Department of Science and Technology has launched the India-Russia Joint Technology Assessment and Accelerated Commercialization Programme in partnership with the Federation of Indian Chambers of Commerce and Industry (FICCI) and Foundation for Assistance to Small Innovative Enterprises (FASIE) of the Russian Federation. The programme will connect Indian, and Russian Science & Technology (S&T) led SMEs and Start-ups for joint R&D for technology development and for cross-country technology adaptation.

Shri  D.B. Venkatesh Varma, Indian Ambassador to the Russian Federation, said “India has one of the largest startup ecosystems in the world, the number of unicorns is testament to the tremendous talent the country possesses. S&T-led innovation and entrepreneurship are priorities of both countries and will be a key point on the agenda as President Putin visits India later this year. 

Shri Sergey Polyakov, General Director, Foundation for Assistance to Small Innovative Enterprises (FASIE), Russia said “We are extremely happy to launch the India-Russia Joint Technology Assessment and Accelerated Commercialization Programme. 

Shri Dilip Chenoy, Secretary-General, FICCI stated “The launch of the India-Russia Joint Technology Assessment and Accelerated Commercialization Programme today is a testimony of both country’s commitment to further strengthen the S&T cooperation. 

Shri SK Varshney, Adviser & Head, International Cooperation DST stated that both countries have been working for many decades in areas of science & technology cooperation resulting into knowledge generation, proto-type development and institution built up.

The programme is accepting applications under two broad categories, i.e. Joint Partnership Projects and Technology Transfer/Adaptation. The last date to apply for the first round of the call is September 30, 2020. A dedicated portal www.indiarussiainnovate.org has been developed for this purpose.

Sources PIB

 

Print Friendly, PDF & Email