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Logo Firm Department of Science and Technology
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Department of Science and Technology

map marker logo New Delhi |  India

Investor TypeFirm
InvestingIndia
Investment Range $210,000  -  $210,000

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What is Department of Science and Technology?

The Department of Science and Technology (DST) is an Indian government department established in 1971 with the objective of promoting science and technology in the country.

Based in New Delhi, DST undertakes the organization, coordination, and promotion of science and technology activities, serving as a foundational entity in India's S&T ecosystem.

The department's mandate encompasses human and institutional capacity building through various programs, research and development initiatives, innovation and technology development, and the application of S&T for societal benefit.

DST operates under the Ministry of Science and Technology and takes initiative in major science projects that address national needs and future technologies. Aiming to strengthen India's position in basic research, DST has a vital role in catalyzing the growth and development of the country, particularly in a competitive economic scenario.

The department also oversees a range of national missions and international cooperation projects, fostering collaboration and innovation. They offer financial support for science and technology projects, with an investment bracket typically around INR 210,000.

Additionally, DST has established policies and acts such as the Science, Technology & Innovation Policy, National Data Sharing and Accessibility Policy, and Geospatial Policy, which form the framework for its operations and S&T advocacy. The department also manages a network of autonomous S&T institutions, attached institutions, and professional bodies, is involved in legislative matters, and actively publicizes opportunities such as calls for proposals, awards, and international collaborations.

Through initiatives like the India Science and Research Fellowship (ISRF) and technology business incubators, DST encourages innovation and research, striving to create a conducive environment for S&T growth.

Department of Science and Technology's investments on record

Axio Biosolutions Private Limited $210,000.00 Non Equity Assistance
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