Grant for Research & Entrepreneurship across Aspiring Innovators in Technical Textiles (GREAT) — Frequently Asked Questions
Answers to the questions founders most often ask about Grant for Research & Entrepreneurship across Aspiring Innovators in Technical Textiles (GREAT) — who qualifies, the funding amount, required documents and how the application works.
Frequently asked questions
What is the maximum funding amount under GREAT?
The program offers a grant-in-aid of up to ₹50 Lakhs (₹50,00,000) per project.
What is the application deadline for GREAT?
No specific deadline has been announced. Applicants should regularly check the Ministry of Textiles portal for updates.
Who can apply for the GREAT grant?
Both individual applicants (Indian citizens, minimum 21 years old, incubated in an incubator) and startup companies (registered as private limited, partnership, or LLP, incorporated within the last 5 years, turnover less than ₹100 Crores, with minimum 51% Indian ownership) can apply.
Is DPIIT or MSME registration required to apply?
The program details do not mention a requirement for DPIIT or MSME registration.
Does the GREAT program take equity in my company?
No, the funding is a grant-in-aid, which is non-repayable and does not involve equity dilution.
What expenses can the grant cover?
The grant is intended for developing functional prototypes or commercializing technologies in technical textiles. Specific expense categories are not detailed, but it is expected to cover project-related costs.
How do I apply for GREAT?
Applications must be submitted through the official Ministry of Textiles portal at https://texmin.nic.in/.
What documents are required at the time of application?
Individual applicants need a Letter of Support from their incubator and a No Objection Certificate (NOC) if employed. Startups must provide incorporation documents, project leader details, and proof of R&D facility or incubator association. A formal MoU with the incubator is required before final grant approval.
Can I apply if I already own a technical textiles startup?
No, individual applicants who are promoters or shareholders of an existing Technical Textiles startup are not eligible.
What is the age limit for individual applicants?
Individual applicants must be at least 21 years old at the time of application.
Who offers Grant for Research & Entrepreneurship across Aspiring Innovators in Technical Textiles (GREAT)?
Grant for Research & Entrepreneurship across Aspiring Innovators in Technical Textiles (GREAT) is offered by National Technical Textiles Mission (NTTM), a government body. It is provided as non-dilutive funding.