HEC Rapid Fund
HEC, with assistance of the World Bank, has invited universities, technologists and researchers to submit research and innovation proposals under RAPID Research and Innovation Initiative (RRII) that can help address the challenges created by the Coronavirus pandemic.
HEC's RAPID Research and Innovation Initiative will support applied research, product innovation and development and commercialization of potential solutions. Each applicant seeking funding through the RAPID Research and Innovation Fund can propose an idea based on one of the defined priority themes (available here) and can apply through one of the following three funding instruments:
|S.No||Funding Instrument||Maximum Funds per Proposal||Maximum Duration||Maximum Proposals|
Rapid Research Grant (RRG)
|Rs. 15 Million||12 Months||Two (02) per HEI|
|02||Rapid Technology Transfer Grant (RTTG)||Rs. 7.5 Million||6 Months||Two (02) per HEI|
|03||Rapid Innovation Seed Fund (RISF)||Rs. 5 Million||6 Months||Two (02) per HEI|