Funding Support for Space Technology Startups in India

The Department of Space in India has launched the Technology Adoption Fund (TAF) to support startups in commercializing early-stage space technologies. This initiative allows for the upgradation of existing space technologies from TRL-3/4 to TRL-7/8, the development of innovative products, and encourages import substitution of space technology components. Startups must be managed in India, present commercially viable proposals, and cannot be receiving similar funding from other government bodies. This aligns with India’s Aatmanirbhar Bharat initiative to enhance self-reliance in space technology.