India Spain co-operation on industrial R&D 2014

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Transcript of India Spain co-operation on industrial R&D 2014

Page 1: India Spain co-operation on industrial R&D 2014

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Funding support for challenging, collaborative and industry-ledR&D Projects between India and Spain, leading to commercialization

India-Spain Programme ofCooperation on Industrial R&D

November 20, 2014

RFP Opening Date

Project Funding Support

In IndiaDepartment of Science and Technology (DST), Government of India, will fund the awarded Indian projects through GITA. The awarded projects will have at least 50% industry R&D component.

• Funding will be limited to 50% of the total eligible national cost of the project with a limit of INR 150 Lakhs per project .

• Public funded academic and research organisation applicants may receive grants-in aid up to 100% of its part of eligible national cost in the project.

• Industry may receive up to 50% of its part of eligible national cost by way of soft loan repayable upon successful completion of the project.

In Spain• As per CDTI's regulations eligible costs will include

amortisation of capital assets, outsourced technical collaborations, material costs, technical personnel costs and other costs (indirect costs, audit costs).

• CDTI will only consider proposals of Spanish Companies with a minimum budget of 175,000 euros or 500,000 euros in cases when Spanish consortium formed by and Economic Interest Grouping.

• Soft loan of up to 75% (exceptionally up to 85%) of the eligible costs of the Spanish Co/s in the awarded project at an annual fixed interest rate equivalent to Euribor (Euro Interbank Offered Rate). Soft loan must be paid back to CDTI in 10 years with initial moratorium from 2 to 3 years.

• Out of the 75% of the soft loan granted to the awarded companies, up to 20% (large corporations), 25% (SMEs) and exceptionally 30% for SMEs participating for the first time in CDTI's international programmes% may be considered a grant in aid, and therefore non reimbursable.

April 15, 2015

RFP Closing Date

(17:30 hrs IST in India)

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Eligible Technology Sectors

This Request For Proposal (RFP) is open to all projects based on merit that include Science & Technology (S&T) development leading to commercial success, social good and benefit to both countries. There is however a specific focus on the following technology areas:

• Smart Cities

• Clean Technologies

• Information & Communication Technologies (ICT)

International (Bilateral) Cooperation DivisionDepartment of Science & Technology

Government of India

IndianImplementation Agency

IndianFunding Ministry/Department

Spanish Funding Ministry/Department - Spanish Implementation Agency

Page 2: India Spain co-operation on industrial R&D 2014

Types of Projectsto be Supported

Selection Criteria

• Joint Technology Development leading to pre-commercialization prototype development, wherever applicable.

• Projects should be innovative, user-need based and market-driven, leading to new product or process and eventual commercialization.

• The project should be innovative aiming to lead to a new or substantial improvement of a product, process or service with clear commercial potential.

• The project must show balanced effort of R&D activities and resources both in India and in Spain.

• Duration of projects will be from 1 to a maximum of 3 years.

• The industry partners from India must contribute at-least 50% of their participation cost in the project with own economic resources. Industry partners from Spain must contribute at least 30% of their participation cost in the project with own economic resources.

• The application will be strengthened by the participation of academic and institutional researchers as a component of the R&D project.

SPAININDIA

Who Can Apply?

Eligible Indian applicants must be researchers or managers of for-profit companies that operate and are headquartered in India. Academic institutions, research centres, hospitals (including not-for-profit research institutes recognized by DST/GITA) that are headquartered and operate in India are strongly encouraged to participate in the project as co-investigators.

Please note

• Indian companies must be registered corporations in India under the Indian Companies Act 1956 and maintain a minimum of 51% Indian ownership.

• Sole proprietors and partnership firms are not eligible for support under this RFP.

• Representatives from subsidiaries of firms headquartered and owned outside India are not eligible to receive funding from DST/GITA.

• Industry partners from India must contribute at least 50% of their participation cost in the project with own economic resources.

Eligible Indian Applicants

Eligible Spanish Applicants

Eligible Spanish applicants from the industry are companies, either private or public, operating and registered in Spain and holding a valid Spanish company tax code (CIF). No minimum Spanish capital percentage ownership is required. Spanish subsidiaries of companies headquartered outside of Spain may also be eligible for support.

As per CDTI's internal regulations, the Spanish consortia should be led by a Spanish Company. Collaboration with other entities such as research centres, technological centres, universities, hospitals and other R&D-performing organisations is permitted under CDTI's regulations, as subcontractors of the Spanish companies present in the consortia.

Foreign Technology Action DepartmentDirectorate of International Programmes

Global Innovation & Technology Alliance (GITA) is a Not–for–Profit Company, jointly incorporated by Technology Development Board (TDB) of Department of Science & Technology (DST), Government of India and Confederation of Indian Industry (CII).

T: +34 91 581 56 07 (Spain), +91 11 4129 3000 (India)

F: +34 91 581 55 94

E: [email protected]

http://www.cdti.es/

CDTI - Spain's National Innovation Agency

C/ Cid 4, Madrid – 28001

Vimal Kumar

http://gita.org.in

T: +91-11- 4577-2043

F: +91-11-4577-2014

E: [email protected]; [email protected]

th4 Floor, IGSSS Building, 28, Institutional Area Lodi Road, New Delhi – 110 003, India

Global Innovation & Technology Alliance (GITA)