A state government initiative supporting MSMEs and startups with financial vouchers for prototyping, product development, and commercialisation across diverse sectors.
State Govt. Initiative
Funding for R&D and innovation projects
Agriculture, energy, engineering, nanotech & more
Targeted at small enterprises and innovators
The Innovation Voucher Scheme (IVS) is a state government initiative targeting research advancement among MSMEs and startups across diverse sectors including agriculture, energy, engineering, nanotechnology, and deep technology.
The programme facilitates collaboration between enterprises and research institutions, guiding participants from initial concept stages through product or process development. A state-level committee evaluates and approves viable proposals for funding consideration.
NIF serves as a facilitating partner, helping healthcare and bioconvergence startups access IVS funding to accelerate their innovation journey — from concept validation to market-ready products.
Two tiers of financial support designed to take your innovation from concept to commercialisation.
Designed for early-stage innovation — converting concepts into functional prototypes. This voucher supports startups and MSMEs in the critical ideation-to-prototype phase.
Designed for commercialisation efforts — taking validated prototypes to market-ready products. This voucher supports advanced development, testing, and market entry.
Whether you're a student with a breakthrough idea, a researcher seeking clinical validation, or a startup ready to scale — NIF's bioconvergence ecosystem is built for you. Join India's first healthcare-focused incubation centre and turn your vision into impact.
NIF, JKKN Institutions, Natarajapuram, NH-544 (Salem To Coimbatore National Highway), Komarapalayam (TK), Namakkal (DT), Tamil Nadu — 638183
Mon — Sat: 9:00 AM — 6:00 PM IST