GAINS 2024: SCHEME

GAINS 2024: SCHEME

News: The Ministry of Defense has launched the “GRSE Accelerated Innovation Nurturing Scheme (GAINS 2024)” of Garden Reach Shipbuilders & Engineers Limited (GRSE) in Kolkata.

 

What’s in the news?

About GAINS 2024

The "GRSE Accelerated Innovation Nurturing Scheme (GAINS 2024)" is an ambitious initiative launched by the Garden Reach Shipbuilders & Engineers (GRSE) to promote innovation within India’s defense sector. It is a unique national scheme to encourage and enable MSMEs and Start-Ups to develop innovative solutions that GRSE may incorporate for further technological advancement.

Aim: The aim is to leverage the vast eco-system of MSMEs and Start-Ups to address present and emerging challenges in the ship design and construction industry, while achieving the objectives of Atmanirbharta.

 

Objectives of GAINS 2024 GAINS 2024:

  • Encourage Innovation: Cultivate a culture of innovation by providing a platform for startups and innovators to present their cutting-edge solutions.
  • Enhance Collaboration: Substitute collaboration between defense public sector undertakings, private industries, academic institutions, and research organizations.
  • Boost Defense Capabilities: Enhance the operational effectiveness and technological prowess of the Indian armed forces through innovative projects.
  • Support Indigenous Development: Facilitate the development of indigenous technologies in line with the ’Make in India’ initiative and reduce dependence on foreign technology.

Key Features of GAINS 2024

  • Open Innovation Challenges: GRSE will host a series of challenges focused on specific problem statements related to defense needs. Innovators will be invited to propose solutions to these challenges.
  • Funding and Support: Selected projects will receive funding and technical support from GRSE, including access to its infrastructure and expertise.
  • Mentorship and Training: Participants will receive mentorship from industry experts and GRSE professionals, aiding in the refinement and development of their innovations.
  • IPR and Commercialization Support: GAINS 2024 will assist innovators in protecting their intellectual property rights and provide pathways for commercialization of successful technologies.

  • Source: https://pib.gov.in/PressReleasePage.aspx?PRID=2032206