Session - 5
The financial support is a critical factor for stimulating the innovation eco-system i.e. converting the idea into products/process, prototype up-scaling, validation and market commercialization. The session covered the following issues:
- Availability of funds viz research grants, early stage technology development funds
- Availability of funds w.r.t seed money, venture capital for innovation and startups
- Success stories of startups and innovators, who were able to secure funding to help them grow their ideas.
This session brought the experts from funding organizations (public & private), venture capitalist to highlight the funding schemes/programmes available for promoting technology development and commercialization.