Union Minister of State (Independent Charge) Science & Technology; Minister of State (Independent Charge) Earth Sciences; MoS PMO, Personnel, Public Grievances, Pensions, Atomic Energy and Space, Dr Jitendra Singh today said that beginning from 1st January, 2023, National Research Development Corporation (NRDC) will undertake Technology Commercialization for benefit of Start-Ups. Established in 1953, National Research Development Corporation (NRDC) is a PSE, Section 8 Company under DSIR playing a pivotal role in bridging the R&D and Industry.
Presiding over a meeting with Secretary, DSIR and Senior Officials of NRDC at CSIR Centre in New Delhi, Dr Jitendra Singh said, since inception, NRDC has concluded more than 5000 license agreements representing technologies in almost all industry sectors. The Minister said, it has also facilitated in filing over 2000 patents in India.
Dr Jitendra Singh said, NRDC assists the Inter-Ministerial Board (IMB) of DPIIT for technically evaluating Start-ups for their recognition to avail benefits extended by Government of India and till date over 7500 applications of Start-ups have been assessed. Dr Jitendra Singh said, NRDC is also associated with Indian Oil Corporation Limited (IOCL) for implementation of their Start-up Scheme from identification of start-ups and hand-holding to product launch.
