Multiplier Grants Scheme (MGS)
Posted 01/04/2023
| Description | The Multiplier Grants Scheme aims to support and fund industries such as IT, analytics, enterprise software, Internet of Things, artificial intelligence and technology hardware. |
| Provider Type Central Govt / State Govt / Private Sector | Central Govt |
| Provider Name | Department of Electronics and Information Technology, GoI |
| Amount | The grant offers a maximum of Rs 2 Cr for a duration of 2 years. Where the grantee is an industry consortium, Rs. 4 Crores is offered for 3 years. |
| Grant Conditions & Qualifying Criteria | 1. The idea for collaborative research should originate from industry/industry consortium, and academic institution(s)/R&D bodies undertaking industry specific research will submit the project proposal jointly with the industry/industry consortium to DeitY under MGS scheme. 2. The proposal should be for innovation in modules/ products/ packages/services in the area of E&IT 3. The proposal should be in the core area of business of the industry 4. The identified institute/ Project investigator should have the requisite expertise and track record in the proposed area 5.To ascertain the R&D capabilities of institutions taking up collaborative research under MGS,it is pertinent to look into i) level of professional courses in ICTE(B.Tech/M.Tech/PhD) being conducted by them; ii) prior Research Work/projects undertaken; iii)No. of papers published; iv)collaboration with industry if any v) the institution should be in existence for minimum 5 years. |
| Focus Sector (Healthcare, Defense, Agriculture, etc.) | |
| Provider Contact Email | NA |
| Provider Website URL | https://www.meity.gov.in/content/multiplier-grants-scheme |
| Type of funding (Grant, Loan or Equity) | Grant |
| Process | NA |
| Tips for Winning | NA |
| Provider Indian State | NA |
| Provider Contact Address | |
| Is Active | "Yes" |
| Other Details |
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