For ACADEMIC INNOVATION RESEARCH (AIR):
(a). Under the scheme, academia (Public or Private Institute, University, NGO, or Research Foundation) having a well-established support system for research shall be the primary applicant. It can apply either: (1) Individually, or (2) Jointly with academic* and/or industrial** partner
*For Public or Private Institute, University, NGO, or Research Foundation, proper registration/accreditation from a government body is mandatory
**Participating company (if any) should be registered under the Indian Companies Act, 2013 with at least 51% Indian shareholding i.e., shares of the Company should be held by Indian Citizens holding Indian passport (Indian citizens do not include Person of Indian Origin (PIO) and Overseas Citizenship of India (OCI) holders).
(b). The applicant Company should have adequate in-house facility to address the project implementation or incubated with any of the recognized incubation facility.
For CONTRACT RESEARCH SCHEME (CRS):
(a). Academia* has to be the Primary Applicant with one or more partners of which at
least one is a company**
*For Public or Private Institute, University, NGO, or Research Foundation, proper registration/accreditation from a government body is mandatory
**Participating company should be registered under the Indian Companies Act, 2013 with at least 51% Indian shareholding i.e., shares of the Company should be held by Indian Citizens holding Indian passport (Indian citizens do not include Person of Indian Origin (PIO) and Overseas Citizenship of India (OCI) holders).
(b). The applicant Company should have adequate in-house facility to address the project implementation (which shall be evaluated during the site visit) or incubated with any of the recognized incubation facility.