Government of India had announced flagship initiative of Startup India that is intended to catalyze startup culture and build a strong and inclusive ecosystem for innovation and entrepreneurship in India,
TCOE India invited applications under the scheme named DCIS (Digital Communication Innovation Square (DCIS) under Champion Services Sector Scheme (CSSS)) on behalf of Department of Telecom (DoT) in year 2021 and 2022
TCOE India is implementing the Scheme on behalf of the Department of Telecom. The Implementing Agency (IA) is working under the overall supervision of the Apex Committee and guidelines issued by the DoT. IA successfully organized all the meetings and sought all the necessary recommendations from respective authorities to execute the scheme smoothly during DCIS 2021.
As per the scheme norms Successful applicants will be offered funding support in the form of a grant of up to Rs. 50 lakhs for Startup, Rs. 2 Cr. for MSME and 10Cr for consortium. However, the grant up to Rs. 10 Cr. may be considered for technology products requiring higher funding on the recommendation by TEC and approval by Apex Committee. The fund disbursement will be milestone-based and will be released in 4 installments as follows :-
For more information, visit: https://dcis.dot.gov.in/
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