- Startups shall be defined as per the DPIIT notification dated 19th February 2019 or extant norms.
- MSMEs shall be defined as per the Gazette Notification by Ministry of Micro, Small and Medium Enterprises, dated 1st June 2020 or extant norms.
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The Project for Development of BLDC Motor Controller ASIC would be awarded to a single eligible organization (i.e. Startup or MSME).
The organization also has an option to form a consortium with other partner
(i.e. Startup/MSME/Domestic Company*) before submitting proposal to leverage their expertise.
*Domestic Company: shall be defined as those which are owned by resident Indian citizens as defined in the FDI Policy Circular of 2017 or extant norms. A company is considered as 'owned' by resident Indian citizens if more than 50% of the capital in it is beneficially owned by resident Indian citizens and/or Indian companies, which are ultimately owned and controlled by resident Indian citizens. The funded company(ies) will be required to refund back the funds disbursed under the Project at the RBI rate plus a basis point; if they lose their domestic status within 4 years of taking financial incentives under the Project. There will be no such encumbrances of IPR or refund of funds on the company after 4 years of taking financial incentives
- Eligibility under the Project shall not affect eligibility under any other Scheme.
Instructions for Consortium
As a Lead Organization can form consortium with the other partner(i.e. Startup/MSME/Domestic Company) to leverage the expertise of the partner - Design/ Fabrication/ ATMP/ Sales or any other relevant expertise required to perform the tasks of this Call for Proposal as per following terms:
- All members in the consortium should be registered legal entities in India meeting the above-mentioned eligibility criteria.
- The lead organization should be liable for the entire scope of work and risks involved thereof (the liability should be for the entire value of the contract).
- The non-lead organizations should be liable for the scope of work for which they are responsible along with the lead organization (liability should be limited to the value of the scope of work; while the lead organization still carries the liability for the entire scope of work).
- The maximum number of partners in the consortium shall not exceed 2, including the lead organization.
- Any change in the consortium member at a later date would not be allowed without prior permission of C-DAC for cases where the consortium has benefited from the non-lead organizations' credentials/experience.
- The lead organization in a consortium cannot participate in any other consortium.
- The consortium agreement should clearly elaborate on the responsibilities and expertise of each consortium member along with their financial requirements and submit the consortium formation documentation.
- C-DAC will release the funds to the lead organization, which in turn may release the funds further to other consortium partner for their activities. The utilization certificate of overall funds released by C-DAC should be provided by the lead organization.