USISTEF: Science and Technology Endowment Fund 7336 views

Indo-US and T Forum – (USISTEF) Fund

United States-India Science and Technology Endowment Fund Commercializing Technologies for societal impact. Both government of the United States of America (Department of State) and that of India (Department of Science & Technology) have established the United States – India Science & Technology Endowment Fund (USISTEF) for promotion of joint activities that would lead to innovation and techno-entrepreneurship through the application of science and technology.

Core disciplines:

1. Biomedical devices & diagnostics
2. Food and nutrition products
3. Preventive & curative measures to improve health
4. Agriculture
5. Education
6. Financial inclusion
7. Information and communication technology
8. Water Empowering Citizens:

Bi-national teams of entrepreneurs and innovators with:

1. Innovative product or technology beyond the idea stage
2. High societal impact
3. Significant potential to commercialize within 2-3 years

The Endowment Fund activities are implemented and administered through the bi-national Indo-US Science and Technology Forum (IUSSTF).

The fund aims to select and subsequently financially support promising joint U.S.-India entrepreneurial (candidates) initiatives that address the theme of “commercializing technologies for societal impact” through the competitive grant program.

Grant amount:

Funding Grants size up to Rs. 2.50 crores or approx $ 400,000.

Eligibility condition

Proposals must include a min. of one partner from each participating country

The bi-national teams can include:

• Incorporated companies including start-ups; or
• Non-incorporated entities; or
• Individuals or consortia from academia, government laboratories, non-government R&D institutions CALL FOR EXECUTIVE SUMMARY

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