34 start-ups awarded under Dare to Dream Scheme of DRDO in last 3 years

New Delhi, Dec 13 (KNN) A total of 52 individuals and 34 start-ups have been awarded under three Dare to Dream contests of DRDO in last three years, said Raksha Rajya Mantri Ajay Bhatt in a written reply to Rajya Sabha on Monday.

“A total of 5,637 applications have been received under the three Contests to promote individual and start-ups for innovation in the area of Defence and Aerospace in last three years. Around 7 projects have been sanctioned and awarded to start-ups of Dare to Dream contest winners so far,” he said.

DRDO has been launching Dare to Dream Contest every year since 2019 to bring together innovators, entrepreneurs, individuals above 18 years and start-ups (recognised by DPIIT and with Indian founders) for innovative ideas in the field of Defence and Aerospace.

The selection criteria for evaluation of the entries are completeness of proposal, scientific soundness, design completeness, merit, technological readiness level achieved and innovation.

The selected individual/company are getting benefitted as DRDO supports them to realise awarded ideas into Prototype through Technology Development Fund (TDF) scheme.  (KNN Bureau)