Innovations for Defence Excellence

1) SPARK (Support for Prototype and Research Kickstart) Grant: iDEX provides grants up to Rs. 1.50 Cr (up to Rs. 10 Cr in case of iDEX Prime) to the start-ups/MSMEs to fund the projects in many technological areas under Defence India Start-up Challenges (DISC) and Open Challenge through the Support for Prototype and Research Kick start (SPARK Framework)



2) Partner Incubators Support to iDEX winners:-

(a) Partner Incubator will provide mentorship to startups/MSMEs selected by iDEX-DIO.

(b) Partner Incubator will run programs like accelerators, incubation, etc. to strengthen selected startups/MSMEs beneficial for the India defence sector.

(c) Partner Incubator will undertake initiatives to reach out, spread awareness and promote innovations for defence among students/ researchers at all levels in academia



3) The major benefits from iDEX Scheme to Indian Defence Innovation Ecosystem are:-

(a) Facilitate rapid development of new, indigenized, and innovative technologies for the Indian defence and aerospace sector, to meet needs for these sectors in shorter timelines

(b) Create a culture of engagement with innovative startups, to encourage co-creation for defence and aerospace sectors

(c) Empower a culture of technology co-creation and co-innovation within the defence and aerospace sectors.

Eligible Organisations/ Beneficiaries to avail the grants under Support for Prototype and Research Kickstart (SPARK), the eligibility is as follows:

i. Startups, as defined and recognized by Department of Industrial Policy Promotion (DIPP), Ministry of Commerce and Industry, Government of India.

ii. Any Indian company incorporated under the Companies Act 1956/2013,primarily a Micro, Small and Medium Enterprises (MSME) as defined in the MSME Act, 2006.

iii. Individual innovators are also encouraged to apply (research & academic institutions can use this category to apply), however they are supposed to form a Start-up before signing the SPARK Grant Agreement.

Online

Application Link: https://idex.gov.in/challenge-categories



Application Process: Please follow the website https://idex.gov.in for application process stepwise)

1) Company Incorporation Certificate, AoA and MoA(in case of Pvt. Ltd./ Public limited company)

2) DPIIT registration/valid MSME certificate

3) Latest Audited Balance Sheet, ITR, P&L statements of the Company, if applicable

4) Govt. Issued ID Card of applicant