India-Russia Joint Technology Assessment and Accelerated Commercialization programme launched by Department of Science and Technology. The programme was launched in partnership with FICCI and FASIE Foundation of Russian Federation.
The main objective of the Commercialization programme is to connect startups and Small and medium-sized enterprises of India and Russia to develop technologies that will provide solutions for future. Also, the Commercialization programme aims to address societal challenges worldwide.
Technology Assessment and Accelerated Commercialization Programme
The Commercialization programme will run two yearly cycles. Around five projects are to be funded under every single cycle. The projects are mainly focus on medicines, pharmaceutical sector, renewable energy, Information Technology, and Information and Communications Technology.
Indian Federation of Indian Chambers of Commerce & Industry is to implement the programme representing Department of Science and Technology. The programme is accepting application under Technology transfer and partnership projects (TTPP).
www.indiarussiainnovate.org portal has been developed to implement the programme.
Federation of Indian Chambers of Commerce & Industry
In 1927, The FICCI was established by Purshottamdas Thakurdas (Gujarati cotton trader) and Ghanshyam Das Birla (Indian businessman) on the advice of Mahatma Gandhi.
It is a nonprofit organization. The headquarters of FICCI is in New Delhi and franchise present in 12 states and 8 countries in the globally.
India Russia Joint Technology Assessment Programme