SERB-TETRA (Technology Translation Award) is a new scheme for catalizing technology translation in academic setting. Translation research has gained considerable focus as it has the potential to elevate results from fundamental research to a given technology readiness level, in turn catalyzing symbiotic growth of institutional infrastructure to offer a platform for scale-up of entrepreneurial ventures, supported by a variety of funding mechanisms.
SERB-TETRA will challenge scientists executing SERB grants, such as CRG, to establish an effective, functional and synergistic working collaboration with an industry partner to elevate their breakthrough results and technologies to TRL level 5 and beyond. It is implicit that PIs would have obtained necessary patents and IPR.
TETRA Support will help entities having successful ideas to kickstart new venture processes. With a seed capital, flexible working spaces and interaction between mentor and startup entrepreneurs, the SERB-TETRA will expand the scope by providing numerous networking opportunities, followed by presenting the finished prototype to an audience of large investors, established MSMEs and privatecompanies, and public sector enterprises.
SERB-TETRA would be awarded to select PIs who have clearly demonstrated translational potential of their research (patents, etc.) and have established contact with industrial partners for fast-track graduation to a prototype stage and beyond. PIs would have also identified technology incubators in their own institution or in the vicinity who could support their endeavors. It is envisaged that a well-defined strategy to augment research innovation, via technology incubators, will add value to the CRG and other funding mechanisms supported by SERB.