Multiplier Grants Scheme
Multiplier Grants Scheme is implemented by DeitY (i.e., the Department of Electronics and Information Technology). The Scheme, basically, aims to bridge the gap between research & development and commercialization.
The current article covers the objectives of the Multiplier Grants Scheme; eligibility conditions under Multiplier Grants Scheme and procedures followed under Multiplier Grants Scheme.
Objectives of the Multiplier Grants Scheme –
The objectives of the Multiplier Grants Scheme are highlighted hereunder –
1. To establish, nurture and strengthen the links between the industry and the research institutes;
2. To encourage the institutes to carry out industry oriented research & development;
3. To boost and accelerate the development of indigenous goods/ products and services;
4. To reduce the gap between research & development/ proof of concept and commercialization/ globalization.
Eligibility under the Multiplier Grants Scheme –
The broad eligibility conditions prevalent under Multiplier Grants Scheme are highlighted hereunder –
1. The idea for collaborative research should have come from industry, industry consortium and academic institutions/ R&D bodies conducting industry specific research;
2. The project should be for innovation in the field of electronics and information technology in modules or products or packages or services;
3. The idea behind the project proposal should mainly focus on one main area of business in that particular industry;
4. The selected institute/ project investigator should have adequate skills as well as experience in the suggested field;
5. The investigator will assess the research & development capabilities of the institutions participating in the collaborative research under the Scheme;
6. The output of the suggested innovation should be commercially and technically viable;
7. The industry should possess the necessary staff for technical absorption and also the infrastructure for in-house production or a definite plan for outside procurement.
Procedure followed under the Multiplier Grants Scheme –
The procedure followed under the Multiplier Grants Scheme is briefly explained hereunder –
- The project proposal needs to be submitted by the academic institutions/ R&D bodies along with the industry/ industry consortium. Further, the project proposal is to be submitted to the Department of Electronics and Information Technology;
- The idea with regard to the collaborative research should originate from the industry/ industry consortium;
- Based on the availability of the funds, the proposals can be invited up to a maximum of three times in year;
- Scrutiny and evaluation of the proposals will be done by the ‘Working Group’ set up by the department;
- The working group may recommend the department for appropriate financial support. Further, based on the proposals being considered, the working group may also invite additional domain experts;
- The Project Review & Steering Group will do as under –
- Will carry out periodical steer as well as review the technical and financial progress of the project;
- May recommend grant release;
- May recommend continuity or extension or short-closure etc.;
- The grants under the proposed scheme would be subject to specified terms & conditions like –
- The grant amount should be spent for the project only and within a specified time;
- Any unutilized amount should be surrendered back to the Department;
- The grantee institution will have to maintain an audited report for permanent/ semi-permanent assets acquired out of the grant;
- Such assets will be the property of the department which can be sold or disposed off at the conclusion of the project by the department;
- The grantee institution will render progress-cum-achievement report for an interval of not more than 6 months;
- The grantee institution will also render an audited statement of accounts to the department;
- The department or its nominee has rights to access to the books and accounts maintained by the grantee institution;
- The department will also appoint a Project Review & Steering Group which will periodically monitor the project in all the respects (including technical and financial).