India, Norway discuss innovation projects in renewable energy
The Dollar Business Bureau India and Norway have a joint call to target companies for innovation projects in the area of renewable energy. “A joint call was launched between the Department of Science and Technology (DST) of India and Research Council of Norway during a matchmaking workshop at the Norwegian Embassy on renewable energy,” according to an official statement. “The call is for $1 million, targeting innovation projects in companies collaborating with research institutions in the field of renewable energy,” it said. Nearly 80 participants from both the countries had a prosperous and comprehensive discussion on the area. The representatives from both the sides also had a discussion on a broad range of topics such as solar power, wind power, hydro energy, energy storage, artificial ...
5-fold hike in govt budget for funding start-ups
A five-fold hike has been made by the government in its budget for funding start-ups in the next fiscal, a move which is in line with Prime Minister Narendra Modi's ambitious 'Start-Up India' initiative. Source: PTI Start-up India initiative getting a shot in the arm with the Govt increasing the seed capital A five-fold hike has been made by the government in its budget for funding start-ups in the next fiscal, a move which is in line with Prime Minister Narendra Modi's ambitious 'Start-Up India' initiative. According to Ashutosh Sharma, Secretary, Department of Science and Technology (DST), in the 2016-17 financial year, it will provide seed capital to 50-80 new ventures with funding ranging from Rs.50 lakh to Rs.1 crore per company. For the ...
