Rs 10-crore grant to startups by DRDO's TDF

Hyderabad: T-Works and T-Hub co-hosted a high-level DRDO team led by Director Nidhi Bansal to orient startups and MSMEs on DRDO's Technology Development Fund (TDF) Scheme.

Under the scheme, startups can compete for funding of up to Rs10 crore each for developing high-technology solutions against specific requirements posted by DRDO-TDF.

Jayesh Ranjan, Principal Secretary, Industries and ITE&C Dept, said: "The Telangana Government has always been proactive in facilitating unique central government schemes such as DRDO-TDF to reach our startups.

We have T-Works, T-Hub, We-Hub, and RICH as part of our innovation ecosystem to drive startup growth in the State and the country."

T-Works, a leading prototyping centre, will enable startups to develop products which meet stringent quality standards of DRDO through access to industry-grade equipment and in-house technical experts.