High Risk-High Reward Research
Science and Engineering Research Board (SERB)
Chemicals, technology hardware, healthcare & life sciences, aeronautics/aerospace & defence, agriculture, AI, AR/VR (augmented + virtual reality), automotive, telecommunication & networking, computer vision, construction, design, non-renewable energy, renewable energy, green technology, fintech, Internet of Things, nanotechnology, social impact, food & beverages, pets & animals, textiles & apparel.
Indian citizen residing in India, holding a regular academic/research position in a recognised institution can apply under this scheme. The proposals can be submitted by an individual or by a team of investigators.
SERB aims at supporting proposals that are conceptually new and risky, and if successful, expected to have a paradigm-shifting influence on science and technology. Proposals that address scientific issues which will result in ‘incremental’ knowledge will not be supported.
The research grant covers equipment, consumables, contingency and travels apart from overhead grants. No budget limit is prescribed for these projects.
First call in a financial year will be made in the first week of June of every year and the window will be opened for submission of research proposals from June 1 to July 31. Funding decision on the proposals will be communicated to the PIs during December and the grant will be released in January-February next year. The second call will be made in the first week of November of every year and the window will be opened for submission of research proposals November 1 to December 31. Funding decision on the proposals will be communicated to the PIs during May next year and the grant will be released in June-July.
To know more about this startup scheme by the Indian Government, click here.