Technology Acquisition Fund Programme (TAFP)

Under the scheme, the funding is provided for exploring opportunities for Accelerated technology upgradation through Acquiring Technologies for specific projects and Activities. The Illustrative list of eligible activities include Technology, Energy, Efficiency, Productivity, Quality Audit, Evaluation, Assessment Studies and preparatory activities. Government grant is limited to 25% of the cost of Technology Acquisition and maximum amount shall not exceed Rs.10 crore per technology The implementing partner for the scheme is Global Innovation & Technology Alliance (GITA; https://www.gita.org.in/), a is a “not–for–profit” Section-8 Public Private Partnership (PPP) company promoted jointly by the Technology Development Board (TDB), Department of Science & Technology (DST), Government of India and the Confederation of Indian Industry (CII).