"The programme is a multilateral initiative involving BRICS member countries. It seeks to promote collaborative research and innovation under the BRICS STI umbrella. The program aims to build a consortium of minimum two (2)member states (Project consortia) focused on technology maturation, and development of a business model towards future commercialization and market deployment of innovations."
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"With regards to Proposals submitted to DBT: 1) Indian partners eligible for funding support shall be academic/research organizations engaged in scientific research, that is, legal entities such as institutions/ universities/ registered societies/ registered trusts/ Section-8 companies (not-for-profit)/ voluntary organizations recognized as a Scientific and Industrial Research Organisation (SIRO) by the Department of Scientific and Industrial Research. With regards to proposals being submitted to CSIR: 1) The Joint Projects can be proposed and submitted by CSIR institutes/units in collaboration with international industries/organisations in the member BRICS countries. 2) CSIR will fund only CSIR institutes in this program. 3) The scientific R&D performing Indian industry (for-profit companies) are also encouraged to participate in this call by investing their own resources or come in collaboration with research/academic organization, on a cost sharing basis where their contribution should be minimum 50% of the total project cost, claimed by the CSIR institute."
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