In July 2025, the Department of Science
& Technology launched the Research, Development and Innovation (RDI)
Cell with a ₹1 lakh crore corpus
to bridge the gap between research and commercialisation. Managed through a Special Purpose Fund under the Anusandhan
National Research Foundation (ANRF), with ₹20,000 crore already
allocated in the FY26 Budget, the fund aims to transform India’s R&D. The
ANRF’s involvement is a novel step—it will serve as a single-window mechanism for R&D funding to academic
institutions and research bodies, and will source nearly 70% of its budget from private contributors,
encouraging industry to see R&D as an investment, not an expense.
Launched
under the Startup India framework, the RDI initiative will help startups
and enterprises access patient capital to pursue innovation in sunrise and strategic sectors such as
clean energy, biotechnology, quantum computing, robotics, and space technology.
Instead of one-way grants, financial support will come through concessional loans, equity, or blended
instruments, recognizing that deep-tech research requires long gestation
and long-term risk appetite.
Complementing this mission, Focused Research Organisations (FROs) such as the Technology Development Board (TDB) act as the financial bridge between lab-scale breakthroughs and market-ready enterprises. TDB provides low-interest loans covering up to 50% of project cost, equity participation up to 25%, and selective grants for projects of national importance. Startups with smaller projects—below ₹5 crore—can receive up to 70% of project funding, helping them commercialise indigenous technologies faster. The upcoming webinar will discuss how startups and enterprises can align with this framework and leverage mechanisms like the Technology Development Board to translate breakthrough research into scalable, sustainable growth. The webinar will furthermore serve as a forum for participants to exchange ideas and viewpoints.
Key Discussion Points
- Bridging the R&D–market gap through RDI
- Start-up financing through equity and concessional loans
- Building credibility through ANRF-backed projects
- Aligning innovation milestones with funding timelines
- Attracting investors to long-horizon R&D ventures