1 / 26

Public – Private partnership for Supporting Innovations in Small and Medium Enterprises (SME’s)

Public – Private partnership for Supporting Innovations in Small and Medium Enterprises (SME’s) R.R.Abhyankar, Scientist ‘G’ Department of Scientific & Industrial Research Ministry of Science & Technology Government of India. DEPARTMENT OF SCIENTIFIC & INDUSTRIAL RESEARCH (DSIR).

ilya
Download Presentation

Public – Private partnership for Supporting Innovations in Small and Medium Enterprises (SME’s)

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Public – Private partnership for Supporting Innovations in Small and Medium Enterprises (SME’s) R.R.Abhyankar, Scientist ‘G’ Department of Scientific & Industrial Research Ministry of Science & Technology Government of India

  2. DEPARTMENT OF SCIENTIFIC & INDUSTRIAL RESEARCH (DSIR) • Departmental Plan Schemes. • Council of Scientific & Industrial Research. • National Research Development Corporation. • Central Electronics Limited. • Consultancy Development Center.

  3. Programmes for Supporting Innovation in SME’s • Technology Development & Demonstration Programme (TDDP). • New Millennium Indian Technology Leadership Initiatives (NMITLI). • Pharmaceutical Research & Development Support Fund (PRDSF). • Small Business Innovation Research Initiative (SBIRI).

  4. PROJECT FUNDING AT PILOT SCALE : CO-FINANCING

  5. OBJECTIVES • BUILD INDIGENOUS CAPABILITIES FOR DEVELOPMENT AND COMMERCIALISATION OF CONTEMPORARY PRODUCTS AND PROCESSES OF HIGH IMPACT • SYNERGISE RESEARCH ACTIVITIES OF INDUSTRY WITH THOSE OF NATIONAL RESEARCH INSTITUTIONS

  6. TYPE OF PROJECTS SUPPORTED • PROJECTS FOR DEVELOPMENT AND DEMONSTRATION OF NEW OR IMPROVED PRODUCT OR PROCESS TECHNOLOGIES • PROJECTS FOR ABSORPTION AND UPGRADATION OF IMPORTED TECHNOLOGY

  7. AREAS OF PROJECT SUPPORT • RAW MATERIALS, COMPONENTS AND OTHER DEVELOPMENTAL EXPENDITURE • PRODUCT/PROCESS SIMULATION STUDIES AND CONSULTANCY • TESTING AND EVALUATION • CONSUMABLES & FIELD TRIALS

  8. EXTENT OF SUPPORT • MAINLY A CATALYTIC SUPPORT • COVERS GENERALLY ABOUT 30 TO 40% OF THE PROJECT COST • RELEASE TO BE MADE IN INSTALMENTS DURING THE PROJECT TENURE DEPENDING ON THE REQUIREMENTS OF THE PROJECT

  9. POST PROJECT RESPONSIBILITIES OF THE INDUSTRY • TO COMMERCIALISE THE RESULTS OF THE PROJECT IF THE PROJECT IS SUCCESSFUL • AFTER START OF COMMERCIAL PRODUCTION, MAKE ROYALTY PAYMENTS TO DSIR, IN THE FORM OF ANNUAL ROYALTY/LUMP SUM PAYMENTS, UP TO 1.3 TIMES THE SUPPORT EXTENDED BY DSIR

  10. MODUS OPERANDI FOR APPROVAL • IN-HOUSE SCRUTINY • SCRUTINY BY OUTSIDE EXPERTS AND, IF NECESSARY, FIELD VISITS • PROMISING PROJECTS FURTHER CONSIDERED BY ‘TECHNICAL ADVISORY COMMITTEE’ BEFORE DEPARTMENT’S FINAL APPROVAL • PROJECT COSTS IN EXCESS OF Rs. 1.5 CRORES NEED APPROVAL OF ‘STANDING FINANCE COMMITTEE’ • AGREEMENT AMONGST DSIR AND PARTICIPATING AGENCIES

  11. EXECUTION OF THE PROJECT • IS THE RESPONSIBILITY OF THE EXECUTING/COLLABORATING AGENCY • REVIEWING, AT INTERVALS, BY PROJECT REVIEW COMMITTEE OF EXPERTS AND ALSO GUIDE IN TECHNICAL ISSUES

  12. TRACK RECORD • NEARLY 150 PROJECTSSUPPORTED • TOTAL SUPPORT OF NEARLY Rs. 60 CRORES OUT OF A CUMULATIVE PROJECT COST OF NEARLY Rs. 200 CRORES • TOTAL FUNDS RELEASED - MORE THAN Rs. 40 CRORES

  13. Multiplier Effect in the Technological Innovation and Commercialisation Chain 1 10 100 1000 Relative Financial Scale TDIP (PATSER) SBIRI (Biotechnology)

  14. New Millennium Indian Technology Leadership Initiatives (NMITLI) • Began in 2000-01 • Largest public-private partnership (65 private + 175 public) • 37 on-going unique projects • Aggregate outlay Rs. 220 cr. • Current year Budget Rs. 60 cr. Contd…

  15. New Millennium Indian Technology Leadership Initiatives (NMITLI) • Loan @3% interest and Grants-in-aid • Proactive effort, widespread consultation, stringent screening • Invitation to the best partner • Tight monitoring with foreclosure clause • Innovation centered technology leadership programmes

  16. Technology Development Board (TDB) • Began in September, 1996 • Development & commercial application of Indigenous Technology • Equity capital/soft loan/grants • 50% loan @5% interest or 50% equity • 141 Agreements so far Rs. 662.94 cr. • Current year Budget Rs. 43.50 cr. Contd…

  17. Technology Development Board (TDB) • Translation of indigenous technology into commercial products/services • Adaptation of imported technology for wider applications • Emphasis on technology driven projects in any sector • Leveraging similar funds from financial institutions and banks • Creating new job opportunities

  18. Pharmaceutical Research & Development Support Fund (PRDSF) programme • Support for collaborative R&D in drugs and pharmaceuticals sector. • Publicly funded R&D institutions and pharma industry joint projects funded. • The support is extended in critical areas of national health requirements.

  19. Small Business Innovation Research Initiative (SBIRI) • Support to small businesses for early pre-proof of concept innovation and late stage commercialization. • High risk R&D is supported. • Involvement of private industries in development of projects of high societal relevance.

  20. Conclusion • The Government has addressed the support to innovation in SME’s through various mechanisms. • Mechanisms have shown signs of success.

  21. Thank You

More Related