Incubation centre opened at NRDC to provide support to startups

National Research Development Corporation (NRDC) reorients itself to become the only national level PSU, which is providing its services for taking the lab scale technologies developed by Public Funded Research Institutes (PFRI) to industry

Incubation centre startups NRDC

New Delhi: Union minister of state for science & technology Jitendra Singh inaugurated an incubation centre at National Research Development Corporation (NRDC), Delhi to provide multi-prong support to startups.

Singh on the occasion said he was glad to note NRDC had reoriented itself to become the only national level PSU, which is providing its services for taking the lab scale technologies developed by public funded research institutes (PFRI) to industry.

The minister said that the corporation is providing support to startups through its various activities like IP Filing support to startups, incubation support for nurturing startups through its incubators at NRDC HQ, CSIR-NAL and CSIR-IMMT, technology development fund, seed funding to early stage startup, association with DPIIT for recognising start-ups and finally association with IOCL for mentoring & monitoring of startups.

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The team NRDC was urged to take a wholesome approach to establish a national level facility which should provide one-stop solution to all the needs of the ever growing startups ecosystem of the country. He said, it must house facilities like TRL assessment, IP exchange, design clinic, model incubation facility etc. In order to find world market for Indian technologies, NRDC should aim to provide technology transfer services through hub and spoke model, specially to African and Asian Countries, the minister added.

Commodore (retd) Amit Rastogi, chairman and managing director of NRDC, during his presentation, said Uniphore, an Indian unicorn and The Leader in Conversational AI & Automation received funding of ₹30 lakh and technology support from NRDC in 2008. Rastogi said that his team will strive hard to make the corporation one of the world’s best and leading organization for technology transfer.

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NRDC has created the facilities for incubating start-ups and is also promoting beneficial schemes to provide support in terms of funding, mentoring, IP assistance and other allied services to the Start-ups. In the last one year, the corporation has established three incubation centres and one outreach centre. Another outreach centre is planned for inauguration in January 2023 at Guwahati to promote startups in North East. 10,000 Start-ups have received support in respect of IP filing, Incubation and start-up registration so far.

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