United States - India Science & Technology Endowment Fund

The governments of the United States of America (through the Department of State) and India (through the
Department of Science & Technology) have established the United States - India Science & Technology
Endowment Fund for promotion of joint activities that would lead to innovation and techno-preneurship
through the application of science and technology. The aim of the Fund is to support and foster joint
applied R&D to generate public good through commercialization of technology achieved through
sustained partnerships between US and Indian researchers and entrepreneurs.
The Endowment Fund activities are implemented and administered through the bi-national Indo-US
Science and Technology Forum (IUSSTF).
Endowment Fund
United States - India Science and Technology
" C O M M E R C I A L I Z I N G T E C H N O L O G I E S F O R S O C I E T A L I M P A C T "
OBJECTIVES
PROGRAM AREAS
financially promising joint US-India entrepreneurial
initiatives. These initiatives can originate from
government, academic, non-governmental or
commercial entities, and any combination thereof
provided they focus on applied R&D, incorporate a
business plan and proof of commercial concept, and
have significant sustainable commercial potential.
Healthy individual: Affordable biomedical devices,
diagnostic / preventive / curative measures, or food and
nutrition products to improve health. (Drug
development and clinical trials are not eligible activities
in this category).
Empowering citizens: Reducing the digital/technology
divide. This could include amongst others, information
and communication technologies with societal impact
in areas such as water, agriculture, financial inclusion,
and education.
To select and support through a grants program
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ELIGIBILITY ¡
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Proposals must include a minimum of one partner from
each country. Bi-national teams applying to the
Endowment will work together to commercialize
technologies for societal impact.
The Bi-national teams can include:
i) Start-up companies; or
ii) Incorporated companies; or
iii) Non-incorporated entities; or
iv) Individuals or consortia from academia, government
laboratories, non-government R&D institutions.
Each bi-national team must include at the time of
application an entrepreneurial (small-scale as opposed
to large-scale) entity that will receive a portion of the
grant and take the technology to the market. If partners
are planning to form a new venture to commercialize the
technology, the proposal should include planned
incorporation date and the amount of grants requested
for the new entity.
The proposed technology must have the potential to be
commercialized within two to three years.
*Subject to Dollar Exchange Rate
Indo-US S&T Forum
CALL FOR EXECUTIVE SUMMARY
For more information, please visit:
www.indousstf.org
FUNDING
Size of each award: Up to Rs. 2.50 Crores (equivalent $400,000 approx.*)
Submission Deadline: 30 November 2013

The governments of the United States of America (through the Department of State) and India (through the Department of Science & Technology) have established the United States – India Science & Technology Endowment Fund for promotion of joint activities that would lead to innovation and technopreneurship through the application of science and technology. The aim of the Fund is to support and foster joint applied R&D to generate public good through commercialization of technology achieved through sustained partnerships between US and Indian researchers and entrepreneurs.

Eligibility

• Proposals must include a minimum of one partner from each country. Bi-national teams applying to the Endowment Fund will work together to commercialize technologies for societal impact.
• The Bi-national teams can include:

1. Start-up companies; or
2. Incorporated companies; or
3. Non-incorporated entities; or
4. Individuals or consortia from academia, government laboratories, non-government R&D institutions.

• Each bi-national team must include at the time of application an entrepreneurial (small-scale as opposed to large-scale) entity that will receive a portion of the grant and take the technology to the market. If partners are planning to form a new venture to commercialize the technology, the proposal should include planned incorporation date and the amount of grants requested for the new entity.
• Relationships between the U.S. and Indian partners must be clearly defined, including ownership of intellectual property rights for the technology proposed to be developed and commercialized.
• The proposed technology must have potential towards commercialization within 2-3 years.

Grant Size: Rs. 2.50 crore or approximately US $ 400,000 

How to apply: Applications can be submitted online at http://iusstf-ef.ciieindia.org/?k=e174206637ca555c2f7a0f44acaa818d8aa757b1 

Last date to register online: November 30, 2013

For more details, visit: http://www.usistef.org/index.aspx