The Scheme for iDEX-Innovations for Defence Excellence (launched in May 2021 by the Defence Innovation Organization (DIO) under the Department of Defence Production (DDP), Ministry of Defence) provides grants to start-ups, MSMEs, and individual innovators. The scheme funds projects in Defence and Aerospace technology areas under Defence India Start-up Challenges (DISC) and Open Challenge through the Support for Prototype and Research Kickstart (SPARK Framework).
iDEX aims to foster a culture of innovation in the Indian Defence and Aerospace sectors by engaging industries, including start-ups, MSMEs, R&D institutes, and academia. It supports the rapid development of new technologies to meet the evolving needs of the Indian Armed Forces, contributing to self-sufficiency in defence technology.
Objectives of iDEX:
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Facilitate rapid development of indigenized and innovative technologies for the Defence and Aerospace sectors.
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Create a culture of engagement with innovative start-ups to encourage co-creation for these sectors.
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Empower a culture of technology co-creation and co-innovation in the Defence and Aerospace sectors.
Funding Mechanism:
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SPARK Grant: Up to ₹1.50 crore (up to ₹10 crore for iDEX Prime) for start-ups/MSMEs working in the defence sector, with a focus on prototype development and research kick-start.
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Partner Incubators: Selected iDEX winners will receive mentorship from partner incubators, including accelerator programs and initiatives to spread awareness about innovations in defence.
Benefits
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SPARK (Support for Prototype and Research Kickstart) Grant:
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Provides grants up to ₹1.50 crore for projects under Defence India Start-up Challenges (DISC) and Open Challenge.
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iDEX Prime offers grants up to ₹10 crore for high-priority projects.
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Partner Incubators:
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Provide mentorship, accelerator programs, and incubation support to selected start-ups.
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Reach out to students, researchers, and innovators to promote defence innovations.
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Fostering Innovation:
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iDEX promotes self-sufficiency for the Indian military by integrating innovative solutions into the defence procurement process.
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Eligibility
To be eligible for the iDEX scheme under the SPARK framework, the following are the eligible entities:
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Start-ups: As recognized by the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, Government of India.
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MSMEs: Micro, Small, and Medium Enterprises as defined by the MSME Act, 2006.
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Individual Innovators: Encouraged to apply, and must form a start-up before signing the SPARK Grant Agreement.
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R&D Institutes & Academia: Can apply through collaborations with start-ups or other industry stakeholders.
Application Process
Online
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Visit the iDEX website: iDEX Application Link.
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Register for the Defence India Start-up Challenge (DISC) or Open Challenge.
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Follow the steps for application, including submitting the Proposal, Project Details, and required documents.
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Applications are evaluated based on the innovation potential and feasibility of the proposed technology.
Documents Required
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Company Incorporation Certificate, AoA, and MoA (for Pvt. Ltd./Public Ltd. companies).
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DPIIT registration/valid MSME certificate.
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Latest Audited Balance Sheet, ITR, P&L statements (if applicable).
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Government-issued ID of the applicant.
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Additional documents as required by iDEX.
Frequently Asked Questions (FAQs)
Q: What is iDEX?
A: iDEX (Innovations for Defence Excellence) is a scheme launched by the Ministry of Defence to promote innovation and technology development in the Indian Defence and Aerospace sectors by providing grants and support to start-ups, MSMEs, and individual innovators.
Q: What is the role of DIO in iDEX?
A: DIO (Defence Innovation Organization) manages and funds the iDEX scheme. It acts as the executive arm for carrying out all activities related to iDEX, providing policy guidance and support for innovation in defence technologies.
Q: Who can apply for iDEX grants?
A: Start-ups, MSMEs, R&D institutions, and individual innovators can apply for iDEX grants. Start-ups must be recognized by the DPIIT or registered under the MSME Act.
Q: How much funding can be received under iDEX?
A: Grants under the SPARK Framework range from ₹1.5 crore, and up to ₹10 crore for iDEX Prime projects.
Q: Does iDEX support equity or debt financing?
A: iDEX provides milestone-based grants and does not offer equity or debt financing.
Q: What is the next step after being selected for iDEX funding?
A: After selection, the recipient will enter into a grant agreement, followed by prototype development, with mentorship from partner incubators.