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Post Budget Webinar 2025 - Research, Development and Innovation and Deep Tech Fund of Funds

Post Budget Webinar 2025 - Research, Development and Innovation and Deep Tech Fund of Funds
आरंभ करने की तिथि :
Mar 05, 2025
अंतिम तिथि :
Mar 10, 2025
17:15 PM IST (GMT +5.30 Hrs)
प्रस्तुतियाँ समाप्त हो चुके

This refers to Paragraphs 79 and 80 of the Budget Speech 2025-26, which highlight the establishment of a mechanism to drive private sector-led research and innovation at a ...

This refers to Paragraphs 79 and 80 of the Budget Speech 2025-26, which highlight the establishment of a mechanism to drive private sector-led research and innovation at a commercial scale. This initiative is backed by an allocation of ₹20,000 crore as a corpus for the Research, Development, and Innovation scheme, forming part of the ₹1 lakh crore fund for private sector R&D announced in the Budget 2024-25.

In light of this, a Post-Budget Webinar 2025 will be conducted in virtual mode on March 5, 2025. The link to this webinar is https://pmindiawebcast.nic.in/

The Department of Science and Technology (DST) and MyGov are organizing this activity to gather insights from sector experts, facilitating the development of more effective policies, measures, and schemes.

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CHANDA NAGARAJU
CHANDA NAGARAJU 1 year 2 सप्ताह पहले
Boosting Economic Growth: Private sector R&D is often more closely aligned with market needs, leading to faster commercialization of innovations and job creation. Enhancing Competitiveness: Driving innovation enables industries to develop cutting-edge technologies and products, increasing their competitiveness in the global market.
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CHANDA NAGARAJU 1 year 2 सप्ताह पहले
Market Demand and Global Integration Support access to international markets and supply chains through trade policies and export incentives. Align research priorities with national development goals and industry needs to ensure relevance. Encourage foreign direct investment (FDI) in innovation, allowing multinational firms to establish R&D centers locally.
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Capacity Building and Talent Development Invest in STEM education and vocational training to build a skilled workforce for research-intensive industries. Encourage corporate R&D internships and apprenticeships to bridge the academia-industry gap. Promote entrepreneurial training programs to equip researchers with business and commercialization skills.
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Commercialization and Market Linkages Set up technology transfer offices (TTOs) to help translate research into marketable products. Develop innovation accelerators and incubators focused on scaling up research-based products. Create national or regional innovation marketplaces to connect researchers, startups, and investors.
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CHANDA NAGARAJU 1 year 2 सप्ताह पहले
Research & Development (R&D) Ecosystem Foster university-industry collaboration by encouraging research institutions to partner with businesses for applied research. Establish industry-driven R&D hubs or technology parks that bring together startups, corporations, and academia. Support open innovation models, allowing companies to collaborate and share research without losing competitive advantages.
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Funding and Financial Support Create public-private partnership (PPP) models where government funds de-risk early-stage research while private firms drive commercialization. Establish innovation funds that provide venture capital, low-interest loans, or grants for R&D-intensive startups and SMEs. Introduce R&D tax credits and accelerated depreciation for companies investing in research.
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Policy and Regulatory Framework Develop policies that encourage private sector investment in R&D through tax incentives, grants, and regulatory support. Establish intellectual property (IP) protection laws that incentivize innovation while ensuring fair market competition. Streamline bureaucratic processes to facilitate the commercialization of research.
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Venture Capital and Funding Mechanisms: Creating funds or providing access to venture capital to support startups and research-focused businesses can catalyze innovation. Commercialization Support: Programs to help researchers and companies translate their ideas into commercially viable products or services, including mentorship and access to markets, can be highly effective.
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Innovation Clusters and Ecosystems: Establishing innovation hubs where companies, startups, academic institutions, and investors can collaborate may foster creativity and commercialization of new ideas. Intellectual Property (IP) Protections: Strengthening IP laws ensures that innovators can reap the benefits of their creations, encouraging more investment in research.
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