Defence Monitor

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Rs 10 crore grant for start-ups under DRDO’s TDF scheme

Rs 10 crore grant for start-ups under DRDO’s TDF scheme

Hyderabad: Start-ups can compete for grant funding of up to Rs 10 crore each for developing high-technology solutions against specific requirements posted by Defence Research and Development Organisation (DRDO) under its Technology Development Fund (TDF) scheme. T-Works and T-Hub on Friday co-hosted a high-level DRDO team led by Director Nidhi Bansal to orient start-ups and MSMEs on TDF scheme.Bansal said start-ups working with T-Works and T-Hub can make efficient use of the funds awarded by DRDO-TDF. "In fact, 20 per cent of the awarded funds may be used by start-ups to utilise services of supporting incubators," she said. The TDF has…
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