Established under the sponsorship of DSIR, New Delhi in SPMVV, Tirupati during 2008-09 was involved in monitoring several innovative Technical Proposals and Promoting Innovations in Individuals, Start-Ups and MSMEs (TOCIC-PRISM). It is one of the 13 centres in India promoting Innovative talent. The objective is to promote individual innovators through support mechanism at various stages to become technology based entrepreneurs (Technopreneurs). TOCIC, SPMVV is engaged in organizing several awareness programmes for the members in Science & Technology fields and general public in and around Andhra Pradesh
Who can apply
Any Indian citizen having innovative idea and wishing to translate these ideas into working prototypes /models /processes can apply for support under the PRISM scheme. Public funded institutions or organizations viz. Autonomous Organizations or Societies registered under the Societies Registration Act, 1860 or Indian Trusts Act, 1882 engaged in promotion of innovation are also eligible to apply.
Proposals submitted for possible support should preferably be in the following focus sectors: Green Technology, Clean Energy, Industrially Utilizable Smart Materials, Waste to Wealth, Affordable Healthcare, Water & Sewage Management and any other technology or knowledge intensive area.
Programme EligibilityPRISM Phase I
Category-I: Proof of Concept/ Prototypes/ Models Maximum support may be limited to Rs. 2.00 lakh or 90% of the total project cost whichever is lower. Total project cost may be up to Rs. 5.00 lakh.
Category-II: Fabrication of working model/ process know-how/ testing and trial /patenting/ technology transfer etc.(Innovation Incubation) Maximum support may be limited to Rs. 20.00 lakh or 90% of the total project cost whichever is lower. Total project cost may vary between Rs. 5.00 lakh to Rs. 35.00 lakh.PRISM Phase II
Maximum support may be up to Rs. 50.00 lakh limited to 50% of the total project cost. The total project cost may vary between Rs. 35.00 lakh to Rs. 100.00 lakh. The support may be provided for scaling up technology based innovations, including patenting, design registration, trademark registry, technology transfer to develop a marketable product or process towards enterprise creation. PRISM – R&D 6Maximum support may be up to Rs. 50.00 lakh, limited to 50% of the total project cost for developing technology solutions aimed at helping MSME clusters.
Coordinator, Dept.of Applied Microbiology