Bootstrappers' Research Council (SRM BRC)
Tamil Nadu IVP grant of up to ₹3L (prototype) or ₹7L (commercialization) for DeepTech and product startups via SRM BRC as Knowledge Partner.
The Innovation Voucher Programme (IVP) is a unique initiative by the Government of Tamil Nadu, administered by the Entrepreneurship Development and Innovation Institute (EDII), aimed at fostering research and innovation among Micro, Small, and Medium Enterprises (MSMEs) and startups. The program specifically targets product-based and DeepTech ventures across diverse sectors including Agriculture, Environment, Energy, Horticulture, Veterinary, Fisheries, Engineering, Waste Management, Health, Automobiles, Nano-Technology, and Electronics. It serves as a crucial state-level mechanism to identify and nurture innovative ideas, providing essential grant support to transition them from conceptualization to market-ready products. The program's core objective is to enhance the innovation capacity of MSMEs, facilitating the conversion of promising ideas into commercially viable products or services. It actively promotes collaboration between industry, academia, and government bodies, thereby elevating awareness and participation of MSMEs in the broader science and innovation ecosystem of Tamil Nadu.
Rolling basis