What is the maximum amount that can be given as an 'R & D Grant' to each startup?

Challenger App

★

1M+ Downloads

AINR 10 Lakhs

BINR 20 Lakhs

CINR 30 Lakhs

DINR 50 Lakhs

Answer:

R & D GRANT

This is given to hardware startups with a significant R&D component.
Up to INR 30 Lakh can be given to each startup, and recommendations for nominees will be made during the quarterly reviews.
R&D grants cannot be used for covering manpower or hiring costs.
Preference is given to startups that have secured patents or those that are scaling up their product.

Related Questions:

Which of the following statements accurately reflects the gender wage gap in Kerala?

Significant gender inequality in wages and remuneration exists in Kerala, mirroring national trends.
Gender disparity in wage rates is limited to the informal sector in Kerala.
Women and men in Kerala are paid less in casual work compared to their counterparts in India.

Which of the following is NOT a primary characteristic or focus of relative poverty?

It emphasizes the absolute deprivation of basic human needs like food, water, and shelter.
It highlights inequalities in the distribution of income and wealth within a population.
It is primarily concerned with social exclusion and an inability to participate in typical societal activities due to lack of resources compared to the majority.