Objectives: 1. Nurture and facilitate the growth of the domestic fabless design companies, startups and MSMEs 2. Achieve significant indigenization in semiconductor and electronic products and IPs deployed in the country 3. Strengthen India's design infrastructure through incubators for semiconductor design and facilitate access to startups and MSMEs
Incentive Support under the Scheme: 1. Product Design Linked Incentive: Reimbursement of upto 50% will be provided on eligible expenditure. 2. Deployment Linked Incentive of 6%-4% of net sales turnover over 5 years
Additional support for design infrastructure will be provided to startups & MSMEs across National EDA Grid, IP Core repository, Prototyping and Post Silicon Validation.
Eligibility Criteria can be found in the scheme notification mentioned below