High Risk-High Reward Research

High Risk-High Reward Research

 

Headed By: 

Science and Engineering Research Board (SERB)

 

Industry Applicable: 

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.

 

Eligibility:

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.

 

Overview: 

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.

 

Fiscal Incentives: 

The research grant covers equipment, consumables, contingency and travels apart from overhead grants. No budget limit is prescribed for these projects.

 

Time Period: 

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.

By | 2018-03-31T09:08:22+00:00 January 10th, 2018|govt scheme|