Govt to invite proposal from startups, MSMEs others to promote R&D in mining

Posted under: MSME
Date: 2023-11-16
Govt to invite proposal from startups, MSMEs others to promote R&D in mining

The mines ministry on Wednesday said it will invite proposals from startups, micro, small and medium enterprises (MSMEs) and individual innovators in a bid to promote research and innovation in the mining, mineral processing, metallurgy, and recycling sector. The selected startups and MSMEs will be provided mentorship or incubation support and technical advisory support during the entire project development period. Besides from the date of technical completion, the selected startups and MSMEs will be provided additional two years of incubation support by a facilitation and mentorship team under the implementing agency. The Centre has decided to promote research and innovation in startups and MSMEs and “has brought out guidelines for ‘promotion of Research and Innovation in Startups and MSMEs in mining, mineral processing, metallurgy and recycling sector.

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