Research Development and Innovation Fund (RDIF)

Research Development and Innovation Fund (RDIF) is a flagship initiative under the Department of Science and Technology (DST), Government of India. It is intended to boost investment in India's innovation and research and development sector.
will assist startups, private sector businesses, and industries operating in sunrise and strategic sectors in turning concepts into products and technologies that are competitive on a global scale. The scheme supports transformative, high-TRL projects, acquisition of critical technologies, and the creation of Deep-Tech Funds.
 

The Special Purpose Fund will receive the funds from the Consolidated Fund of India (CFI). The Anusandhan National Research Foundation (ANRF) will use a two-tiered funding approach to operationalise the program through a Special Purpose Fund (SPF): First level: SPF within ANRF as the custodian of funds. Second level: The implementation of the scheme shall be done by 2nd level fund managers. The 2nd Level Fund Manager can be in the nature of: Alternative Investment Fund structure (AIF), Development Finance Institutions (DFIs), Non-Banking Finance Corporation (NBFC) and Focused Research Organization (FRO), e.g. Technology Development Board (TDB), Biotechnology Industry Research Assistance Council (BIRAC), IIT Research Park etc.

• ● Scheme for Funding Industry Relevant R&D ›
• ● Collaborative Scientific Research Programme ›
• ● NIDHI-Centers of Excellence (NIDHI-CoE) ›
• ● Development Grant Scheme for Colleges ›
• ● NIDHI-PRomoting and Accelerating Young and ASpiring innovators & startups (NIDHI- PRAYAS) ›
• ● Small Business Innovation Research Initiative (SBIRI) ›