Total Budget: ₹1 lakh crore
Nature of Financing
The RDI Fund provides long-term, innovation-driven financing through the following modes:
- Low interest long-term loans, typically unsecured, for eligible R&D and deep-tech projects.
- Equity financing, particularly for startups and early-stage deep-tech ventures.
- Contributions to Deep-Tech Fund of Funds (FoF) or other ROI-oriented FoFs aligned with national innovation priorities.
The scheme does not provide:
- Grants;
- Short-term loans, as these are expected to be met through commercial financing.
Quantum of Financing
The scheme shall provide financing up to 50% of the total assessed project cost. The remaining cost must be met by the project proponent through self-financing or commercial sources. In exceptional cases or strategic sectors, this limit may be relaxed with the approval of the EGoS.