EDII-Innovation Voucher Program (IVP)
EDII-Innovation Voucher Program (IVP)
Innovation Voucher Programme is the Tamil Nadu Government’s flagship grant-in-aid scheme for supporting Start-ups and MSMEs. Tamil Nadu is the first State to launch this kind of programme in India.
The scheme is expected to benefit:
- MSME entrepreneurs in enhancing the competitiveness of their products through Technology and Innovation.
- Early-stage start-up technopreneurs.
- Companies working at innovative research can avail grant upto Rs.5 lakhs
Voucher A (Grant Amount upto Rs.2 Lakhs)
Voucher-A shall be used for Innovation Potential Analysis prior to development of a new product or production process, which includes, but not limited to:
● Technology Roadmap and Market Research.
● Feasibility Studies, Financing Plan & Technology Audit.
● Material Studies.
● Design Studies.
● Research and Development (R&D) for Development of a New Product, Process or Service
Voucher B (Grant Amount upto Rs.5 Lakhs)
Voucher - B is to be used to promote existing or an early stage company in quickly accessing potential markets by developing an innovative commercial product and includes activities leading to not limited to :
● Service Engineering
● Prototyping
● Design Services
● Technology Transfer & IP Procurement
● Product testing, Quality Assurance, Validation and Certification
● Project Management.
EDII-Innovation Voucher Program (IVP) Beneficiaries:
| S.No |
Voucher |
Project Title |
Innovator Name |
| 1 |
B |
Air Oxygen Electronics Blender |
Mr V Pragadheeswaran |
| 2 |
B |
Distribution Transformer – Measuring and Monitoring Module (DTMMM) |
Dr Chitra R |
| 3 |
B |
Pilot-scale Production of Graphene for Supercapacitor Application |
Mr Solomon Jones |
| 4 |
A |
Development of reagent (GeneX) based on Nanotechnology to extract Nucleic Acids for rapid disease diagnostics |
Mrs Suganya M |
| 5 |
A |
Production of Oyster Mushroom Fortified with Vitamin D to Promote Nutritional Security |
Dr Selvi Subramanian |
|