EDII Tamil Nadu Innovation Voucher Programme — Frequently Asked Questions
Answers to the questions founders most often ask about EDII Tamil Nadu Innovation Voucher Programme — who qualifies, the funding amount, required documents and how the application works.
Frequently asked questions
How much funding is offered?
Up to ₹3 lakhs under Voucher A for prototype development and up to ₹7 lakhs under Voucher B for commercialization.
What is the application deadline?
The programme has a rolling deadline and is always open for applications.
Who can apply?
Manufacturing MSMEs and startups that are registered and located in Tamil Nadu. You must also be willing to co-finance the investment and have a CIBIL score of 750 or more (if applicable). Additionally, you must not have any prior contract with the designated Knowledge Partner.
Is DPIIT or MSME registration required?
The programme does not require DPIIT registration. However, you must be a manufacturing MSME or startup, which typically implies MSME registration is needed, but this is not explicitly stated as a requirement.
Does the programme take equity?
No, the funding is a grant, so no equity is taken.
What can the grant be used for?
Voucher A covers idea validation, research, and prototype development. Voucher B covers service engineering, prototyping refinement, design services, technology transfer, IP procurement, product testing, quality validation, certification, project management, and mentorship.
How are applications evaluated?
Applications undergo state-level screening and evaluation to identify innovative proposals.
How can I apply?
Applications are accepted online through the EDII Tamil Nadu website at https://www.editn.in/Web-IVP.
Is there any co-financing requirement?
Yes, applicants must be willing to co-finance the innovation investment as per IVP norms.
Who offers EDII Tamil Nadu Innovation Voucher Programme?
EDII Tamil Nadu Innovation Voucher Programme is offered by EDII, Tamil Nadu, an academic institution. It is provided as non-dilutive funding.
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