Technopreneur Promotion Programme (TePP)
If you are a budding non IT, non software entrepreneur or inventor and you need funds to finance your innovation, you must check this out. The Dept.of Scientific & Industrial Research, through a public advertisement, has invited applications from budding entrepreneurs or innovators to seek funding from the government for converting their ideas into working prototypes/models. Called the Technopreneur Promotion Programme (TePP), this is for promoting individual innovators to become technology entrepreneurs (technopreneurs).
The eligibility criteria for the programme are quite simple and uncomplicated. Any individual with an original idea/innovation, say- an engineer, scientist, farmer, artisan or even a housewife or a student can apply. Even companies can apply, provided their turnover does not exceed Rs. 10 lacs. The only requirement is that, the idea must have a commercial implication; it cannot be just for research or patenting purposes. The maximum amount of the sponsorship is 90% of the project cost or Rs 10 lacs, whichever is lower.
The government, since the inception of the program has sponsored more than 100 such ideas. Typically, the ideas tend to be industrial or scientific in nature and could be in fields as diverse as manufacturing, agriculture, medicine etc. Some previous examples include Micro-windmill generator, Solid Bio-mass Fired Furnace, Treatment of Pests in Cotton Fabrication of Portable X-ray Body Imaging Assembly et al.
Incidentally, the programme specifically filters out software development from its purview. It’s not too difficult to understand the rationale behind this exclusion. Industrial or scientific innovations in India are far more in need of funding than software startups; there is no dearth of funding for software entrepreneurs from VCs, seed funds, banks etc. Govt. programmes like STPI have mechanisms to nurture and incubate software startups. Besides, the IT industry anyway has a powerful godfather in NASSCOM, which has started influencing government policy quite significantly.The same is not true for industrial or scientific segments. A recent edition of the Business World has a lead story on how, some of the giants of Indian manufacturing like Larsen & Toubro are facing substantial exodus of their best manpower to the IT/software industry.
TePP seems to be well thought out. However, the government’s inefficiency is seldom due to the legislation or the lack of it; almost always, it is the implementation which is the culprit. One sincerely hopes that the process of filing applications, appearing before the committee and submitting arguments/documents in support of your claim is fast, fair and nonbeauracratic.
15 comments
It’s encouraging to innovators,
I would like to share one more opportunity for those who want to start their own venture. There is ahmedabad based, technology business incubator called NirmaLabs, It select the individual, groom them for 6 months. And it also provides the up to Rs. 20 lakhs. of seed funding for selected project
URL http://www.nirmalabs.org
Regards,
Nirav P. Karia
It’s encouraging to innovators,
I would like to share one more opportunity for those who want to start their own venture. There is ahmedabad based, technology business incubator called NirmaLabs, It select the individual, groom them for 6 months. And it also provides the up to Rs. 20 lakhs. of seed funding for selected project
URL http://www.nirmalabs.org
Regards,
Nirav P. Karia
Thanks Nirav for that information. With your permission, I would like to append this information to my post.
Dear Amit,
I have gone through the process of TePP funding. It is fairly easy and straight forward. The next phase funding is more interesting than the first.
Cheers.
Thanks for such a valuable information.
But isn’t is very low amount now a day????Another point, would patent registration required before applying for fund???
hi this is really a informative site.http://iimcalarvind.blogspot.com/
hi guys,
if there is anyone interested in getting the TePP funding for there innovative concepts, plz feel free to call me at IIT-KGP at 09734425758 or mail me at my ID i will do the needfull.
Cheers !
Hi Guys and Mr. Punit Saurabh,
Yes we are a group of Indian engineers working in Oman and have innovated the World’s cheapest Solar Evacuated Tube and set up the unit in Goa, registered as Goa Solar in Part I, with DITC.The unit is on the verge of construction but we lacks fund for moving forward at a required pace. Can you help us with the help of TePP? Do write to us. Your help will help to avert Global Warming plus create a huge amount of employment.
Hi Guys, NirmaLabs and Mr. Punit Saurabh,
Yes we are a group of Indian engineers working in Oman and have innovated the World’s cheapest Solar Evacuated Tube and set up the unit in Goa, registered as Goa Solar in Part I, with DITC.The unit is on the verge of construction but we lacks fund for moving forward at a required pace. Can you help us with the help of TePP? Do write to us. Your help will help to avert Global Warming plus create a huge amount of employment.
goasolar@gmail.com
hi guys,
i reaffirm .if there is anyone interested in getting the TePP funding for there innovative concepts, plz feel free to call me at IIT-KGP at 09734425758 or mail me at my ID i will do the needfull.same goes to Peter
Cheers !
we have a new concept.But v don’t know how many of them have tried this.We have some doubts regarding it.Whom can v approach to clarrify our doubts and start up with our progect?
SEEKING FOR FINANCIAL INVESTORS OF Rs 24.0 CORES
GOOD MORNING, I am I.V. SUBBA RAO, I have developed advanced new technology, it is named as iron ore pellitization. Still it is not introduced in India for small medium and major sponge iron manufacturing industries.
We are planning to set up 50 T.P.D Commercial production plant, its cost is 24 Cores, but we are not financially sound enough. We have applied for patent rights on JULY 2007, regarding this technology so many domestic and other country small scale sponge iron manufactures are contacting through mails and through phones. Lot of customers is interesting to utilize our technology, while before that they want to see the operation plant.
If I set up 50 TPD plant i.e., both ways it is like to pellet plant as well as commercial production plant. If any one help for us financial loan of Rs 24. 0 Cores (Indian currency). I will set up the plant as early as possible (6.0 to 9.0months).
After starting the commercial production we will start clearing ours loan immediately, other wise if want sponge iron material we will supply the material (just like barter system).
Through this technology small, medium and major sponge iron manufacturing industries (Karnataka, Orissa, Jharkand, Chatisgarh, West Bengal and Madhya Pradesh) can use this iron ore power easily. Because of this technology sponge iron and steel manufactures can get lot of marzines / profits, the Indian Sponge Iron /DRI Economic growth turn over gone up to 50,000 Cores per annum.
This product (fines using) is burning problem of India and aboard for sponge iron and steel manufactures. This is unique technology; I have received so many mails with in short time in India and abroad. If any one can give me an appointment I will meet you and explain all other details.
After starting the commercial production we will start clearing ours loan immediately, other wise if want sponge iron material we will supply the material (just like barter system).
But I can not show you any security like property or any other documents.
I am waiting for your early response.
Thanking you,
I.V.SUBBA RAO
RAGHUVAMSI TECHNOLOGIES
Ho.No.14-5-11.
OPP.BATCHU SRI DEVI HOUSE
SHIVALAYAM STREET
PEDDAPURAM
PIN:-533 437
ANDHARA PREDESH
INDIA-533437.
MOB:-09490188826
IF YOU WANT PLEASE SEE THE NOV2007 INTERNATIONAL STEEL MAGAZINE
New Technology of Iron Ore Pelletization for DRI / Sponge Iron
New Generation for Sponge Iron Steel Plant / Industries
I have developed & Research one new technology in Sponge Iron i.e. Iron Ore (powder) Pelletisation. This concept is developed physically and practically. After completion of this experiment we have tested this material by Joyti Spectro Analysis Pvt Limited, Hyderabad .
Presently, Iron ore pellets are being used by the small plants as well as big plants in India . It is natural material, that the raw material receiving from the iron ore mines in this material 20% to 25% of powder (i.e, 0 – 5 mm) is available. Some plants of the mining ore is being used by the ARC Furnaces. Some small plants using the same are facing some problems. By utilizing the ore powder, we can get kiln coating & ring formation also. But, for removing the same, we have to stop the Rotary kiln, once, from 60 to 90 days. Not only that, certain precautions, like separation of unburned coal, separation of unburned pallets from the Sponge Iron, material received from the kiln, before dispatch. In the present circumstances, they are using injet coal, coal lumps, coal chips,& lime stone may be used as fuel in Rotary Kiln. Still ore (i.e., 0.5mm) is not being used higher quantities.
This technology may be used in every plant, from 50 TPD plant to such a major plant’s. Without facing any problem Iron Ore may be used. By this technology we need not use injet coal / coal lumps / chips & lime stone in the raw material and also no need of separation after receiving from kiln. By this technology 20% to 25% ore of wastage powder from mines may be used, so that the cost of Fuel & production cost will be decreased.
Lakhs of tones deposits of iron ore is available in Indian iron ore mines, like Karnataka, NMDC, Madhya Pradesh and Goa . Out of which 40 - 50% is being used and out of the rest of the some is being got exported to the other countries like, China , Japan , Germany etc. By this technology 80% to 90% of ore powder (0 - 5mm) material may be used by small or major plants without any problems.
This opinion is being expressed after keen observation on this technology, since 2 years. Interested persons may contact for more details & information to the below Email address.
Email ID: raghuvamsi2007@yahoo.co.in, rvit_2007@yahoo.com
Thanking you,
I.V.SUBBA RAO
RAGHUVAMSI TECHNOLOGIES
Ho.No.14-5-11.
OPP.BATCHU SRI DEVI HOUSE
SHIVALAYAM STREET
PEDDAPURAM
PIN:-533 437
ANDHARA PREDESH
INDIA-533437.
MOB:-09490188826
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RAGHUVAMSI IRON ORE PELLETZATION TECHNOLOGIES (GREEN FIELD PROJECT)
SEEKING FOR INVESTORS
GOOD MORNING, I am I.V. SUBBA RAO, I have developed advanced new technology, it is named as iron ore pellitization. Still it is not introduced in India for small medium and major sponge iron manufacturing industries.
We are planning to set up 50 T.P.D Commercial production plant, its cost is 24 Cores, but we are not financially sound enough. We have applied for patent rights on JULY 2007, regarding this technology so many domestic and other country small scale sponge iron manufactures are contacting through mails and through phones. Lot of customers is interesting to utilize our technology, while before that they want to see the operation plant.
If I set up 50 TPD plant i.e., both ways it is like to pellet plant as well as commercial production plant. If any one help for us financial loan of Rs 24. 0 Cores (Indian currency). I will set up the plant as early as possible (6.0 to 9.0months).
After starting the commercial production we will start clearing ours loan immediately, other wise if want sponge iron material we will supply the material (just like barter system).
Through this technology small, medium and major sponge iron manufacturing industries (Karnataka, Orissa, Jharkand, Chatisgarh, West Bengal and Madhya Pradesh) can use this iron ore power easily. Because of this technology sponge iron and steel manufactures can get lot of marzines / profits, the Indian Sponge Iron /DRI Economic growth turn over gone up to 50,000 Cores per annum.
This product (fines using) is burning problem of India and aboard for sponge iron and steel manufactures. This is unique technology; I have received so many mails with in short time in India and abroad. If any one can give me an appointment I will meet you and explain all other details.
After starting the commercial production we will start clearing ours loan immediately, other wise if want sponge iron material we will supply the material (just like barter system).
But I can not show you any security like property or any other documents.
I am waiting for your early response.
PERSONNEL NOTE: - OUR PATENT IS UNDER PENDING.
Thanking you,
RAGHUVAMSI TECHNOLOGIES
Ho.No.14-5-11.
OPP.BATCHU SRI DEVI HOUSE
SHIVALAYAM STREET
PEDDAPURAM
PIN:-533 437
ANDHARA PREDESH
INDIA-533437.
MOB:-09490188826
IF YOU WANT PLEASE SEE THE NOV2007 INTERNATIONAL STEEL MAGAZINE
New Technology of Iron Ore Pelletization for DRI / Sponge Iron
New Generation for Sponge Iron Steel Plant / Industries
I have developed & Research one new technology in Sponge Iron i.e. Iron Ore (powder) Pelletisation. This concept is developed physically and practically. After completion of this experiment we have tested this material by Joyti Spectro Analysis Pvt Limited, Hyderabad .
Presently, Iron ore pellets are being used by the small plants as well as big plants in India . It is natural material, that the raw material receiving from the iron ore mines in this material 20% to 25% of powder (i.e, 0 – 5 mm) is available. Some plants of the mining ore is being used by the ARC Furnaces. Some small plants using the same are facing some problems. By utilizing the ore powder, we can get kiln coating & ring formation also. But, for removing the same, we have to stop the Rotary kiln, once, from 60 to 90 days. Not only that, certain precautions, like separation of unburned coal, separation of unburned pallets from the Sponge Iron, material received from the kiln, before dispatch. In the present circumstances, they are using injet coal, coal lumps, coal chips,& lime stone may be used as fuel in Rotary Kiln. Still ore (i.e., 0.5mm) is not being used higher quantities.
This technology may be used in every plant, from 50 TPD plant to such a major plant’s. Without facing any problem Iron Ore may be used. By this technology we need not use injet coal / coal lumps / chips & lime stone in the raw material and also no need of separation after receiving from kiln. By this technology 20% to 25% ore of wastage powder from mines may be used, so that the cost of Fuel & production cost will be decreased.
Lakhs of tones deposits of iron ore is available in Indian iron ore mines, like Karnataka, NMDC, Madhya Pradesh and Goa . Out of which 40 - 50% is being used and out of the rest of the some is being got exported to the other countries like, China , Japan , Germany etc. By this technology 80% to 90% of ore powder (0 - 5mm) material may be used by small or major plants without any problems.
This opinion is being expressed after keen observation on this technology, since 2 years. Interested persons may contact for more details & information to the below Email address.
Email ID: raghuvamsi2007@yahoo.co.in, rvit_2007@yahoo.com
Thanking you,
RAGHUVAMSI TECHNOLOGIES
Ho.No.14-5-11.
OPP.BATCHU SRI DEVI HOUSE
SHIVALAYAM STREET
PEDDAPURAM
PIN:-533 437
ANDHARA PREDESH
INDIA-533437.
MOB:-09490188826
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