Product Development and Startups

Following grants schemes are available for two different specific needs.

Technology Development Grants (Tech D)

The aim of this scheme is to take research outputs beyond the laboratory scale by assisting three target groups of people belonging to different sectors to conduct projects of experimental development focusing on the following.

  • Encouraging universities and research institutes to conduct projects leading to technology-driven innovations (TDI), based on existing knowledge gained from basic and applied research not confining research output limiting to laboratory scale.
  • Strengthening capacity and capability of non-state sector companies (small, medium and large)to conduct activities directed to producing globally/regionally competitive new materials, products or devices, installing new processes, systems, and services, or to improving substantially those already produced or installed and become active partners in the innovation process.
  • The innovative capacity of citizens of Sri Lanka is much ignored and untapped. Therefore, many of the ideas generated in the minds of people of the country are not being able to be utilized for wealth creation. Very often inventors seek financial and sometimes technical support to put their ideas into practice from government organizations. However, there has not been a way to support and address such needs of inventors not belonging to an organization (individuals). Thus, assisting inventors to develop prototypes/ processes which are of commercial use and have industrial potential will be another focus.


Startup Grants on novel technologies (Startup)