Innovation Voucher Programme (IVP), EDII-TN knowledge partner
A programme by Vel Tech TBI
Tamil Nadu voucher scheme that helps manufacturing MSMEs and startups pay for feasibility work, prototyping, testing and IP costs. Vel Tech TBI is the knowledge partner.
At a glance
| Best for | Tamil Nadu-based manufacturing MSMEs and startups that want to fund a prototype, test or certification step. |
|---|---|
| Stage | Idea – MVP |
| Grant support | For selected startups. A place in the programme does not by itself guarantee a grant. |
| Run with | EDII-TN |
About Innovation Voucher Programme (IVP), EDII-TN knowledge partner
The Innovation Voucher Programme is a grant-in-aid scheme from the Government of Tamil Nadu, run by the Entrepreneurship Development and Innovation Institute of Tamil Nadu. Vel Tech TBI is its knowledge partner, and the programme encourages research and innovation among MSMEs and startups in the manufacturing sectors.
What you get
- Voucher A, for early-stage ideation and prototype development, such as feasibility studies, design research and market analysis.
- Voucher B, for commercialisation support, such as product testing, certification, prototyping and IP filing.
Who can apply
- Tamil Nadu-based manufacturing MSMEs.
- A CIBIL score of 750 or more.
- Willingness to co-finance the work as the programme norms require.
- No prior contract with the knowledge partner.
How to apply: register through the EDII Tamil Nadu application page, or send your interest to incubation@veltechtbi.com.
Where to apply
Other Vel Tech TBI programmes
- Startup incubation (pre-incubation and post-incubation)Space, funding, mentoring, networking and training for technology startups, in pre-incubation, resident and virtual tracks.
- DST Seed Support System (SSS)Seed support for registered startups incubated at Vel Tech TBI, under the NIDHI programme of the Department of Science and Technology.
- NIDHI PRAYASGrant support from idea to prototype for young innovators and early startups, run through the incubator under NIDHI. The current call is closed.
- Startup India Seed Fund Scheme (SISFS)Seed funding for proof of concept and prototype development for DPIIT-recognised startups, disbursed through eligible incubators such as Vel Tech TBI.
- MeitY TIDE 2.0 Entrepreneur-in-Residence (EIR)A 12-month entrepreneur-in-residence fellowship to validate and develop a technology idea to proof of concept, under MeitY TIDE 2.0 at Vel Tech TBI.
- MeitY TIDE 2.0 GrantA 12-month grant for nascent startups and individual innovators moving a proof of concept to a prototype or minimum viable product, under MeitY TIDE 2.0.
- Entrepreneur Development Programme (Stanford Seed Spark, nominated by Vel Tech TBI)Online early-stage founder programme from Stanford GSB. Vel Tech TBI nominates startups to it and lists past cohorts from 2021 to 2024.