Technology Development Board

CHENNAI
III Floor, ‘Creative Enclave’,
148-150, Luz Church Road,
Mylapore,
Chennai - 600 004.
Tel: +91 - 44 - 24984821
BANGALORE
Suite 920, Level 9,
Raheja Towers,
26-27, M G Road,
Bangalore - 560 001.
Tel: +91 - 80 - 65462400
COIMBATORE
#1533, Trichy Road,
Coimbatore – 641018.
Tel: +91 - 422 - 6552921
HYDERABAD
Flat No. A-701,
Brindavan Apartments,
Niloufer Hospital Road,
Redhills, Hyderabad - 500034.
Tel: +91 - 40 - 60506009
COCHIN
Suite 49, 8th Floor, Centre A,
Alapatt Heritage Building,
MG Road, Cochin – 682035
Tel: +91 - 484 - 6506216
EMAIL
info@altacit.com
WEBSITE
www.altacit.com
A S SANGEETHA
TECHNOLOGY DEVELOPMENT
BOARD (TDB)

CHENNAI
Mylapore,
Chennai - 600 004.
Tel: +91 - 44 - 24984821
BANGALORE
Suite 920, Level 9,
Raheja Towers,
26-27, M G Road,
Tel: +91 - 80 - 65462400
COIMBATORE
#1533, Trichy Road,
Tel: +91 - 422 - 6552921
HYDERABAD
Flat No. A-701,
Tel: +91 - 40 - 60506009
COCHIN
Tel: +91 - 484 - 6506216
EMAIL
info@altacit.com
WEBSITE
www.altacit.com
Introduction
The Government of India constituted the Technology
Development Board (TDB) in September 1996, under the
Technology Development Board Act, 1995, as a statutory
body, to promote development and commercialization of
indigenous technology and adaptation of imported
technology for wider application. The board consists of 11
Board members.
The TDB is the first organization of its kind within the
government framework with the sole objective of
commercializing the fruit of indigenous research. The Board
plays a pro-active role by encouraging enterprises to take up
technology oriented products.

CHENNAI
Mylapore,
Chennai - 600 004.
Tel: +91 - 44 - 24984821
BANGALORE
Suite 920, Level 9,
Raheja Towers,
26-27, M G Road,
Tel: +91 - 80 - 65462400
COIMBATORE
#1533, Trichy Road,
Tel: +91 - 422 - 6552921
HYDERABAD
Flat No. A-701,
Tel: +91 - 40 - 60506009
COCHIN
Tel: +91 - 484 - 6506216
EMAIL
info@altacit.com
WEBSITE
www.altacit.com
-Contd.
Provides equity capital or loans to industrial concerns and
financial assistance to research and development institutions.
The loan carries a simple interest rate of 5% per annum. With
its pro-active stance the Board:
• Facilitates interaction between industry, scientists,
technocrats and specialists
• Fosters and innovation culture through contract and
cooperative research between industry and institutions
• Provides an interface with financial institutions and
commercial banks for leveraging funds
• Facilitates the creation of new generation of entrepreneurs
• Assists partnerships with other, similar technology
financing bodies
• Provides vistas for venturing into hi-tech areas
• Creates new job opportunities.

CHENNAI
Mylapore,
Chennai - 600 004.
Tel: +91 - 44 - 24984821
BANGALORE
Suite 920, Level 9,
Raheja Towers,
26-27, M G Road,
Tel: +91 - 80 - 65462400
COIMBATORE
#1533, Trichy Road,
Tel: +91 - 422 - 6552921
HYDERABAD
Flat No. A-701,
Tel: +91 - 40 - 60506009
COCHIN
Tel: +91 - 484 - 6506216
EMAIL
info@altacit.com
WEBSITE
www.altacit.com
-Contd.
• The Fund has been receiving grants from the Government of
India out of the cess collections from the industrial concerns
under the provisions of the Research and Development Cess
Act, 1986, as amended in 1995. Any income from investment
of the amount of the Fund and the recoveries made of the
amounts disbursed from the Fund are credited for building up
the Fund. The finance Act, 1999, enabled full deductions to
the donations made to the fund for income tax purposes.

CHENNAI
Mylapore,
Chennai - 600 004.
Tel: +91 - 44 - 24984821
BANGALORE
Suite 920, Level 9,
Raheja Towers,
26-27, M G Road,
Tel: +91 - 80 - 65462400
COIMBATORE
#1533, Trichy Road,
Tel: +91 - 422 - 6552921
HYDERABAD
Flat No. A-701,
Tel: +91 - 40 - 60506009
COCHIN
Tel: +91 - 484 - 6506216
EMAIL
info@altacit.com
WEBSITE
www.altacit.com
Objective
The TDB provides financial assistance to Indian industrial
concerns and other agencies, attempting development and
commercial application of indigenous technology, or adapting
imported technology to wider domestic applications.
The objectives are to:
• promote new ideas from small enterprises even at the risk of
failures;
• encourage production of competitive consumer products;
• motivate industries and R&D institutions for product
innovation;
• develop socially relevant and profitable technologies;
• identify and act in areas requiring strategic interventions;
• Invest in core Technological Strengths to Enable India
Industry to Stand-up to the competitive Pressure and Become
a global Player.

CHENNAI
Mylapore,
Chennai - 600 004.
Tel: +91 - 44 - 24984821
BANGALORE
Suite 920, Level 9,
Raheja Towers,
26-27, M G Road,
Tel: +91 - 80 - 65462400
COIMBATORE
#1533, Trichy Road,
Tel: +91 - 422 - 6552921
HYDERABAD
Flat No. A-701,
Tel: +91 - 40 - 60506009
COCHIN
Tel: +91 - 484 - 6506216
EMAIL
info@altacit.com
WEBSITE
www.altacit.com
-Contd.
The idea is that TDB‟s support for technology development
and commercialisation should be unique. Besides above:
With its proactive stance, the board:
•Facilitates interaction between industry, scientists,
technocrats and specialists;
•Facilitates the creation of new generation of entrepreneurs;
•Assists partnerships with other, similar technology financing
bodies;
•Creates new job opportunities.

CHENNAI
Mylapore,
Chennai - 600 004.
Tel: +91 - 44 - 24984821
BANGALORE
Suite 920, Level 9,
Raheja Towers,
26-27, M G Road,
Tel: +91 - 80 - 65462400
COIMBATORE
#1533, Trichy Road,
Tel: +91 - 422 - 6552921
HYDERABAD
Flat No. A-701,
Tel: +91 - 40 - 60506009
COCHIN
Tel: +91 - 484 - 6506216
EMAIL
info@altacit.com
WEBSITE
www.altacit.com
Board Members
The board consists of 11 Board members. The Government
reconstituted the Board in March 2000. The Board plays a pro-
active role by encouraging enterprises to take up technology-
oriented products. The board provides equity capital or loans to
industrial concerns and financial assistance to research and
development institutions. The loans carry a simple interest rate
of 5% per annum
TDB established Global Innovation & Technology Alliance (GITA)
as a Section 25 company in a joint venture between
Confederation of Indian Industry (CII) and TDB with an equity
contribution of 51:49 respectively

CHENNAI
Mylapore,
Chennai - 600 004.
Tel: +91 - 44 - 24984821
BANGALORE
Suite 920, Level 9,
Raheja Towers,
26-27, M G Road,
Tel: +91 - 80 - 65462400
COIMBATORE
#1533, Trichy Road,
Tel: +91 - 422 - 6552921
HYDERABAD
Flat No. A-701,
Tel: +91 - 40 - 60506009
COCHIN
Tel: +91 - 484 - 6506216
EMAIL
info@altacit.com
WEBSITE
www.altacit.com
Partners / Alliances

CHENNAI
Mylapore,
Chennai - 600 004.
Tel: +91 - 44 - 24984821
BANGALORE
Suite 920, Level 9,
Raheja Towers,
26-27, M G Road,
Tel: +91 - 80 - 65462400
COIMBATORE
#1533, Trichy Road,
Tel: +91 - 422 - 6552921
HYDERABAD
Flat No. A-701,
Tel: +91 - 40 - 60506009
COCHIN
Tel: +91 - 484 - 6506216
EMAIL
info@altacit.com
WEBSITE
www.altacit.com
-Contd.
GITA
The GITA will assist Department of Science & Technology
(DST) in implementing industrial research and development
programme with different countries under bilateral and
multilateral science and technology cooperation agreements.
In these country-specific programmes, if one industry from
India and one industry from another country proposed
jointly to do R&D for developing a marketable product, both
the governments will provide financial support up to 50% of
project cost to their respective industries.

CHENNAI
Mylapore,
Chennai - 600 004.
Tel: +91 - 44 - 24984821
BANGALORE
Suite 920, Level 9,
Raheja Towers,
26-27, M G Road,
Tel: +91 - 80 - 65462400
COIMBATORE
#1533, Trichy Road,
Tel: +91 - 422 - 6552921
HYDERABAD
Flat No. A-701,
Tel: +91 - 40 - 60506009
COCHIN
Tel: +91 - 484 - 6506216
EMAIL
info@altacit.com
WEBSITE
www.altacit.com
Venture Capital Funds
In India, UTI was the first company to start venture scheme
under the name of India Technology Venture Scheme in 1997. In
1999 UTI's executive trustee met the then chairperson, TDB and
secretary, TDB and requested TDB's participation in venture
capital fund. The board in its 13th meeting dated 19 November
1999 approved TDB's participation in UTI-India Technology
Venture Unit Scheme (ITVUS) with a commitment of Rs. 25 Cr.
This was the first commitment by TDB in any venture capital
fund, and the agreement for this was signed on 6 July 2000.
Thereafter on a case-by-case basis, TDB' board took the decision
to participate in the different venture funds (as given in the list as
annexure) as limited liability partner.

CHENNAI
Mylapore,
Chennai - 600 004.
Tel: +91 - 44 - 24984821
BANGALORE
Suite 920, Level 9,
Raheja Towers,
26-27, M G Road,
Tel: +91 - 80 - 65462400
COIMBATORE
#1533, Trichy Road,
Tel: +91 - 422 - 6552921
HYDERABAD
Flat No. A-701,
Tel: +91 - 40 - 60506009
COCHIN
Tel: +91 - 484 - 6506216
EMAIL
info@altacit.com
WEBSITE
www.altacit.com
-Contd.
So far TDB has been participating in venture funds which are
mainly concentrated in technology orientation, early-stage
projects and also on investment in state-level funds where
TDB's presence was inadequate. The initiative of TDB has also
given the confidence to venture capitalist/private equity funds
to come up in a big way to support the technology-based
projects with a pronounced emphasis on sectors witch which
are growth drivers of Indian economy.
The TDB has so far supported 12 venture capital funds with a
total commitment of Rs. 310 Cr. leveraging total funds
aggregating to Rs. 2713 Cr. from other investors

CHENNAI
Mylapore,
Chennai - 600 004.
Tel: +91 - 44 - 24984821
BANGALORE
Suite 920, Level 9,
Raheja Towers,
26-27, M G Road,
Tel: +91 - 80 - 65462400
COIMBATORE
#1533, Trichy Road,
Tel: +91 - 422 - 6552921
HYDERABAD
Flat No. A-701,
Tel: +91 - 40 - 60506009
COCHIN
Tel: +91 - 484 - 6506216
EMAIL
info@altacit.com
WEBSITE
www.altacit.com
TDB National Awards
The board instituted a national award for
successful commercialization of
indigenous technology by an industrial
concern. The National award of Rs. 10
Lakhs is shared equally between the
industrial concern that has successfully
commercialized the indigenous
technology and the developer/provider of such technology.
In August 2000, TDB introduced a cash award of Rs. 2 lakh and a
trophy to an SSI unit that has successfully commercialized a
technology-based product. The first SSI award was given on 11
May 2001 and thereafter it has been decided to give the Award
for SSI Unit every year on the Occasion of Technology Day, i.e. 11
May. The cash awards were later revised to Rs. 5 lakh in 2011–
2012.

CHENNAI
Mylapore,
Chennai - 600 004.
Tel: +91 - 44 - 24984821
BANGALORE
Suite 920, Level 9,
Raheja Towers,
26-27, M G Road,
Tel: +91 - 80 - 65462400
COIMBATORE
#1533, Trichy Road,
Tel: +91 - 422 - 6552921
HYDERABAD
Flat No. A-701,
Tel: +91 - 40 - 60506009
COCHIN
Tel: +91 - 484 - 6506216
EMAIL
info@altacit.com
WEBSITE
www.altacit.com
HOW DOES IT HELP
Get financial assistance from the Technology Development Board
• The TDB is the first organization of its kind within the government
framework with the sole objective of commercializing the fruit of
indigenous research. The Board plays a pro active role by
encouraging enterprises to take up technology oriented products.
• The Technology Development Board invests in equity capital or gives
soft loans to industrial concerns and other agencies,as applicable,
attempting development and commercial application of indigenous
technology, or adapting imported technology to wider domestic
application.
Funding Criteria
The Technology Development Board invests in equity capital or gives
loan to industrial concerns and other agencies, attempting development
and commercial application of indigenous technology, or adapting
imported technology to wider domestic applications.

CHENNAI
Mylapore,
Chennai - 600 004.
Tel: +91 - 44 - 24984821
BANGALORE
Suite 920, Level 9,
Raheja Towers,
26-27, M G Road,
Tel: +91 - 80 - 65462400
COIMBATORE
#1533, Trichy Road,
Tel: +91 - 422 - 6552921
HYDERABAD
Flat No. A-701,
Tel: +91 - 40 - 60506009
COCHIN
Tel: +91 - 484 - 6506216
EMAIL
info@altacit.com
WEBSITE
www.altacit.com
-Contd.
2.1 Commercial enterprises, (excluding sole entrepreneur sole proprietorship
concerns) cooperatives and other agencies are eligible to seek money from the
Board for the development and application of technology-based product or
service.
2.2 If the project is for the commercialisation of technology, developed by a
domestic R&D institution, the enterprise should apply, along with an agreement
signed by the R&D institution willing to transfer the technology. The R&D
institution shall be any one of the following: –
o National laboratory
o State laboratory
o Academic institution
o Co-operative Research Association
o Registered R&D Foundation/Trust/Society
o In-house R&D unit in industry recognised by Government (Department of
Scientific and Industrial Research – DSIR)
o Scientific and Industrial Research Organisation recognised by Government
(DSIR)
o Commercial R&D company recognised by DSIR

CHENNAI
Mylapore,
Chennai - 600 004.
Tel: +91 - 44 - 24984821
BANGALORE
Suite 920, Level 9,
Raheja Towers,
26-27, M G Road,
Tel: +91 - 80 - 65462400
COIMBATORE
#1533, Trichy Road,
Tel: +91 - 422 - 6552921
HYDERABAD
Flat No. A-701,
Tel: +91 - 40 - 60506009
COCHIN
Tel: +91 - 484 - 6506216
EMAIL
info@altacit.com
WEBSITE
www.altacit.com
-Contd.
2.3 If an enterprise has developed the technology with the assistance of an R&D
institution (listed in 2.2 above),the application to the Board by such enterprise or
its associate will also be considered (contract or joint or sponsored research).
2.4 Applications from enterprises, with or without any, other partners (listed in 2
2 above), for commercialization of indigenous technologies may be considered if
the project is for commercialization of technology developed through the
financial support provided under Home Grown Technology (HGT) /Mission
projects / Technology Vision 2020 implementation projects of Technology
Information, Forecasting and Assessment Council (TIFAC) or under the
Programme Aimed at Technological Self Reliance (PATSER) of DSIR or under the
Technopreneur Promotion Programme (TePP) jointly operated by DSIR and DST.
2.5 Start-up companies and/or technocrat-entrepreneurs, with or without any
other partners (listed in 2.2 above), in agricultural product processing,
information technology or designing and developing special engineering
machinery are encouraged to apply for projects in these areas.

CHENNAI
Mylapore,
Chennai - 600 004.
Tel: +91 - 44 - 24984821
BANGALORE
Suite 920, Level 9,
Raheja Towers,
26-27, M G Road,
Tel: +91 - 80 - 65462400
COIMBATORE
#1533, Trichy Road,
Tel: +91 - 422 - 6552921
HYDERABAD
Flat No. A-701,
Tel: +91 - 40 - 60506009
COCHIN
Tel: +91 - 484 - 6506216
EMAIL
info@altacit.com
WEBSITE
www.altacit.com
-Contd.
2.6 Where legal title to domestically generated intellectual
property is held (or filed for) by an individual generator (e.g.
inventor) of such property or by an industrial concern, such
individual or industrial concern shall also be eligible to apply
2.7 If the activity adapting and commercialising imported
technology, financial assistance from the Board may be provided
for :-
1. effecting crucial modifications for wider domestic
applications through an ‘R&D institution’ (listed in 2.2 above) or
through an individual (2.6 above) and/or.
2. further development of commercialisable technology
imported when that technology is at ‘proof-of-concept’ or design
stage.

CHENNAI
Mylapore,
Chennai - 600 004.
Tel: +91 - 44 - 24984821
BANGALORE
Suite 920, Level 9,
Raheja Towers,
26-27, M G Road,
Tel: +91 - 80 - 65462400
COIMBATORE
#1533, Trichy Road,
Tel: +91 - 422 - 6552921
HYDERABAD
Flat No. A-701,
Tel: +91 - 40 - 60506009
COCHIN
Tel: +91 - 484 - 6506216
EMAIL
info@altacit.com
WEBSITE
www.altacit.com
-Contd.
What types of projects can be funded?
The type of projects include–
• Development and commercialisation of a new product/ process/
application through indigenous technology.
• Significant improvements in the existing product/ process/ application.
• Substantial quality upgradation, reduced material consumption, reduced
energy consumption, cost reduction, improved competitiveness,
improved ergonomics.
• Development and deployment of technology or design to satisfy existing
occupational health and/or safety standards, or improve upon them.
• Development and deployment of technology or design necessary to
satisfy domestic or foreign environmental requirements or standards
current or anticipated.
• Development and deployment of technology or design necessary to
satisfy the requirements of domestic legislation, and/or decisions of the
judiciary or product liability legislation in export markets.

CHENNAI
Mylapore,
Chennai - 600 004.
Tel: +91 - 44 - 24984821
BANGALORE
Suite 920, Level 9,
Raheja Towers,
26-27, M G Road,
Tel: +91 - 80 - 65462400
COIMBATORE
#1533, Trichy Road,
Tel: +91 - 422 - 6552921
HYDERABAD
Flat No. A-701,
Tel: +91 - 40 - 60506009
COCHIN
Tel: +91 - 484 - 6506216
EMAIL
info@altacit.com
WEBSITE
www.altacit.com
-Contd.
• Adaptation/modification to product/process which has
been imported so as to make it suitable for wider
domestic application.
• Replacement of imported raw materials/components with
indigenous substitutes.
• Proving the socio-commercial viability of new and/or
renewable sources of energy commercially delivered to
consumers.
• Development of technology to meet the medical standards
and proving socio-commercial viability of bio-medical
equipment and devices.
• Hazardous, waste recycling management.

CHENNAI
Mylapore,
Chennai - 600 004.
Tel: +91 - 44 - 24984821
BANGALORE
Suite 920, Level 9,
Raheja Towers,
26-27, M G Road,
Tel: +91 - 80 - 65462400
COIMBATORE
#1533, Trichy Road,
Tel: +91 - 422 - 6552921
HYDERABAD
Flat No. A-701,
Tel: +91 - 40 - 60506009
COCHIN
Tel: +91 - 484 - 6506216
EMAIL
info@altacit.com
WEBSITE
www.altacit.com
-Contd.
• The activities / expenditures which can be funded include the following
• Development, test and evaluation necessary for establishing proof-of-
applicability of product, process or application.
• Costs of a capital nature including cost of acquisition of technology of
foreign origin which is at “proof-ofconcept” or design stage requiring
substantial indigenous technology development.
• Fabrication, testing and trial of prototypes.
• Setting-up pilot/demonstration plant including testing and trials.
• Industrial product design.
• Field trials (including limited market development, except as stand-alone
activity)
• Setting-up the first or demonstrator commercial scale manufacturing
unit using the innovative technology.
• Cost of studies, surveys and blue or grey-collar training necessary or
incidental to the above.
• R&D / engineering consultancy for prototype / pilot plant / trials and
testing.

CHENNAI
Mylapore,
Chennai - 600 004.
Tel: +91 - 44 - 24984821
BANGALORE
Suite 920, Level 9,
Raheja Towers,
26-27, M G Road,
Tel: +91 - 80 - 65462400
COIMBATORE
#1533, Trichy Road,
Tel: +91 - 422 - 6552921
HYDERABAD
Flat No. A-701,
Tel: +91 - 40 - 60506009
COCHIN
Tel: +91 - 484 - 6506216
EMAIL
info@altacit.com
WEBSITE
www.altacit.com

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