Union Minister of State (Independent Charge) for Science and Technology, Dr. Jitendra Singh, on 4 February launched the first open call of the Technology Development Board (TDB) under the Research, Development and Innovation (RDI) Fund, marking a major step towards strengthening India’s innovation ecosystem through structured, long-term financing for indigenous technologies.
Under the ANRF Framework
The initiative has been unveiled under the Anusandhan National Research Foundation (ANRF) and aims to support the commercialisation of high-risk, high-impact technologies. Officials said the move represents a significant shift from conventional government grant-based funding towards market-oriented financing instruments.
Focus on Advanced-Stage Technologies
The first TDB call under the RDI framework will focus on projects at Technology Readiness Level (TRL) 4 and above, particularly in emerging and strategic areas such as artificial intelligence, energy, and deep-tech.
Funding Structure
Under the scheme, up to 50 per cent of the total project cost will be supported through Second Level Fund Managers (SLFMs). The funding will be provided in the form of loans, equity, or hybrid instruments, with the remaining contribution coming from companies or private investors.
About Technology Readiness LevelsTechnology Readiness Levels (TRLs) are a globally used measurement system to assess the maturity of a technology. There are nine TRL levels, ranging from TRL 1 (lowest) to TRL 9 (highest). At TRL 4, multiple component technologies are integrated and tested together, indicating readiness for further development and scaling.
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