Multiplier Grants Scheme

The Multiplier Grants Scheme (MGS) is an important initiative by the Government of India. The Department of Electronics and Information Technology (DeitY), now under the Ministry of Electronics and Information Technology (MeitY), launch the Multiplier grants scheme. It was introduced to support R&D activities in electronics and information technology. The multiplier grants scheme bridges the gap between innovation and commercialization. It connects industries and academic institutions to develop market-ready products. If the industry invests in a research project, the government matches the funding. This collaborative model helps startups, research bodies, and businesses bring new products and services to the market quickly. The multiplier grants scheme mgs is part of India’s broader push for innovation and Atmanirbhar Bharat. It helps in turning research into reality.

The multiplier grants scheme was launched by the Government of India to boost innovation and industry-driven research in the electronics and IT sector. Here are the main objectives of the multiplier grants scheme mgs:

• Strengthen collaboration between industries and academic or R&D institutions to promote real-world product development.
• Drive industry-focused multiplier grants scheme R&D to improve the commercial viability of research outputs.
• Support development of indigenous technology by reducing dependency on foreign products.
• Encourage innovation that can address national challenges in electronics, communication, and digital technologies.
• Provide funding assistance to bridge the gap between early research, prototype development, and final product commercialization.

The multiplier grants scheme benefits in India are practical and impactful, helping multiple stakeholders including startups, industries, and research bodies. Here are the major multiplier grants scheme benefits in India:

• Industries receive financial support from the government through matched grants, making innovation cost-effective.
• Academic institutions focus on industry-relevant research, improving the quality of education and training.
• Startups and MSMEs benefit from government backing to launch new products and technologies.
• The scheme supports faster product development, giving Indian industries a competitive edge.
• The multiplier grants scheme R&D helps create intellectual property (IPR) within India, improving national technological sovereignty.
• Royalty-sharing models help retain talent in academic and research organizations.
• Stronger links between academia and industry result in better technology transfer and commercialization.
• Helps industries reduce dependence on imported technology by promoting home-grown solutions.
• The multiplier grants scheme mgs procedure ensures regular monitoring, improving transparency and project success.

To apply for the Multiplier Grants Scheme MGS, institutions and industries must meet specific conditions. These ensure that the project has strong technical support and potential for commercialization. Below are six main eligibility points:

• Institutions applying under the scheme must offer technical programs such as B.Tech, M.Tech, or Ph.D. in the fields of Information, Communication, Technology, and Electronics (ICTE). These programs show that the institution has the required educational background to carry out R&D projects.
• The applying academic or research institution must have been in existence for at least five years. This ensures the institution has adequate experience, infrastructure, and credibility in the research field.
• Institutions must have carried out earlier research projects or have been involved in industry collaborations. This includes published research papers, completed R&D projects, and real-world problem-solving experience.
• Industries involved must show readiness to collaborate and invest in the research project. They must provide funds directly to the institution. This shows their commitment to the project and readiness for future commercialization.
• The institution must appoint a qualified Project Investigator with expertise in the proposed research area. The investigator should have a proven track record of technical work, publications, and leadership in research.
• The proposal must show that the innovation is technically sound and can be turned into a real product or service. A market study must also be included to prove commercial viability.

The multiplier grants scheme mgs procedure follows a structured and transparent method to support collaborative research between academic institutions and industry. This ensures that innovation moves efficiently from lab to market.

• Under the multiplier grants scheme, academic institutions or R&D bodies must jointly submit proposals with an industry partner or consortium. The idea must originate from the industry, which also provides financial contributions to support the R&D effort.
• Proposals under the multiplier grants scheme mgs are invited up to three times a year, depending on the availability of funds. Once proposals are received, the Ministry forms a Working Group to evaluate them. The group may include domain experts to provide technical input. After thorough assessment, the Working Group recommends suitable projects for financial aid.
• To oversee project progress, a Project Review and Steering Group (PRSG) is established. The PRSG regularly monitors both technical and financial milestones. It also plays a key role in approving the release of grants, recommending project extensions, or suggesting early closure when needed. Industry representation in PRSG ensures transparency and practical outcomes.
• The multiplier grants scheme mgs procedure also relies on existing government systems for project approvals and closures. All approved projects must follow the scheme's terms and conditions.
• The latest information on the multiplier grants scheme, including updates and current status, is available on the official website of the Ministry of Electronics and Information Technology. The multiplier grants scheme launched by the Indian government continues to foster innovation and strengthen industry-academia collaboration across the electronics and IT sector.

Process for Grants under the Multiplier Grants Scheme (MGS)

The Multiplier Grants Scheme MGS follows a structured grant process to ensure effective collaboration between industries and academic or R&D institutions. Below is a step-by-step explanation of the process:

• Idea Generation and Proposal Submission: The initial idea for research must originate from an industry or industry consortium. Academic institutions or R&D organisations interested in conducting sector-specific research must jointly submit the project proposal with the industry partner to the Department of Electronics and Information Technology. This joint submission is essential to qualify under the multiplier grants scheme mgs procedure.
• Proposal Requirements: The proposal must aim to promote innovation in electronics and IT. It should clearly present new concepts related to modules, products, packages, or services. The plan must include the entire journey from prototype development to commercialisation. Also, the innovation should target one core operational area of the industry.
• Role of the Project Investigator: The selected institution must nominate a qualified project investigator with strong expertise in the field. This investigator must have a proven research background and the ability to guide the project successfully. Their credibility plays a key role in project approval and execution.
• R&D Capability of the Institution: Institutions must demonstrate strong R&D capabilities. This is judged based on:

1. The level and quality of academic programs (B.Tech, M.Tech, Ph.D.)
2. Previous research projects and collaborations
3. Publications in technical journals
4. Active involvement with industry
5. A minimum of five years of operational history

• Market Research and Feasibility: Each proposal must include a market study. This should identify the target market, customer behaviour, supply-demand balance, SWOT analysis, and pricing of the new product or service. The innovation must be both technically feasible and commercially viable.
• Industry Standing: It is also important to evaluate the industry’s readiness. This involves checking for skilled manpower, in-house production capabilities, and infrastructure. If needed, a sub-committee may be formed to assess the industry’s potential and scalability for the proposed project.

Corpseed is one of the top consulting firms, offering comprehensive assistance on government schemes and benefits, guiding businesses through necessary processes. Under the Multiplier Grants Scheme (MGS), we support industries, academic institutions, and R&D centers in planning, applying, and executing collaborative research projects effectively. Our expert team helps in drafting complete project proposals that meet the scheme’s eligibility and innovation standards. We assist in forming industry-academia partnerships by identifying suitable institutions or consortia. 

Our support includes:

• Proposal Development: Helping create strong and clear documents that reflect innovative product ideas, technical feasibility, and commercialization plans.
• Documentation and Compliance: Managing every document required for application, including industry commitment letters, MoUs, and project budgets.
• Approval and Review Support: Coordinating with the Department of Electronics and IT, and helping the client in presenting the proposal before the Working Group or PRSG.
• Grant Disbursement Assistance: Monitoring fund release stages, ensuring all conditions and timelines are followed.
• IPR and Agreement Support: Helping in drafting clear IP-sharing agreements and making sure IPR rules under MGS are followed correctly.
• Post-Approval Guidance: Providing regular help during the project lifecycle, including reporting, audits, and renewal or extension, if needed.