NRDC to undertake Technology Commercialization for benefit of Start-Ups from 1st Jan 2023

New Delhi: Union Minister Dr. Jitendra Singh said that National Research Development Corporation will undertake Technology Commercialization for benefit of Start-Ups from 1st January next year. 

The Minister presided over a meeting with the Secretary, DSIR and senior officials of NRDC at the CSIR Centre in New Delhi. Dr. Singh informed that NRDC has concluded more than five thousand license agreements representing technologies in almost all industry sectors, besides facilitating the filing of over two thousand patents in



India.

NRDC assists the Inter-Ministerial Board of DPIIT in technically evaluating Startups for their recognition to avail benefits extended by the government and to date over seven thousand 500 applications of Startups have been assessed. NRDC has entered into an MoU with The Agricultural and Processed Food Products Export Development Authority for mentoring and monitoring export-oriented Agri-based Start-ups. NRDC is also associated with Indian Oil Corporation Limited for the implementation of their Start-up Scheme.