Patent Acquisition and Collaborative Research & Technology Development (PACE)
#ID 147082
About
The scheme is part of DSIR-Industrial R&D Programme (IRD).The PACE scheme provides catalytic support to industries and institutions for development and demonstration of innovative product and process technologies, traversing the journey from proof of concept or laboratory stage to pilot stage, so that they can be launched for commercialization.
Eligibility
All industries registered in India, having a healthy financial track record or a promising financial health forecast, preferably those having DSIR recognized in-house R&D units; and also for R&D organizations/ academic institutions/ universities. The R&D organization / academic institution / university for collaboration with the industry should have the requisite expertise and track record in the proposed area of research
The support would be generally limited to 50% of the total project cost. However, maximum amount of Government support in any single project shall generally be limited upto Rs.5.00 Crores.
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