The Technology Development Board (TDB), established by the Government of India in 1996, promotes the development and commercialization of indigenous technology. As a statutory body under the Department of Science and Technology, TDB specially targets the Indian technology commercialization and fills the gap between research and market applications. Several innovative research projects fail to reach the market due to lack of financial resources for scale up and commercialization. TDB solves this issue by providing soft loans and equity funding to startups and industries.
The TDB’s support is aligned with national priorities, boosting the development of technologies that meet the requirements of an increasingly self-reliant India. The board has been vital in promoting an innovative culture across numerous sectors.