Overview & Selection
Selection of Innovators / Start-ups
- Selection of innovators/ start-ups: The i-TBI shall invite proposals from innovators/start-ups through an open call for providing ignition grant. A ‘Screening and Monitoring Committee (SMC)’ at the centre will evaluate applications, select grantees and monitor progress.
- i-TBI will provide ignition grant (grants-in-aid) as funding support to convert ideas into prototypes/products with commercialization potential. The maximum funding support to an innovator/start-up will be up to Rs. 10 lakhs, subject to approval of the Screening and Monitoring Committee.
- The following general and eligibility criteria will be followed for selecting innovators / start-ups for ignition grant.