United States-India Science & Technology Endowment Fund

The United States-India Science & Technology Endowment Fund is a joint fund established between the United States and India for the purpose of promoting innovation through science and technology.[1][2] It is governed by a board representing both India and the United States and provides grants of up to $500,000 for joint projects between the U.S. and India.[3]

History

The U.S.-India Science & Technology Endowment Fund was established in 2009 with a joint agreement between the United States and India,[4] having an annual budget of approximately $2 to $3 million per year.[3][5] A board with members from both countries was established to award grants on a semi-annual basis. The board was established through the United States Department of State and the India Department of Science & Technology.[6]

In May 2012, then United States Secretary of State Hillary Clinton and former Indian Minister of Science and Technology Vilasrao Deshmukh awarded the first grantee of the fund.[3] The first grantees included a partnership between both countries to develop a cold chain storage for produce, a procedure for metabolic screening of newborns, and a shoe specifically built to assist patients with Parkinson's disease.[3]

Board Members

United States Board Members[7]

  • George N. Sibley - (Co Chair), Minister Counselor, Economic, Environment Science & Technology Affairs, U.S. Embassy New Delhi
  • Mr. Gunjan Sinha - Executive Chairman, Metricstream, CA
  • Dr. Ferguson - Deputy Director, Licensing and Entrepreneurship National Institutes of Health, MD
  • Dr. Phillip Singerman - Associate Director, Innovation & Industry Services, National Institute of Standards & Technology,MD
  • Ms. Mojdeh Bahar - Assistant Administrator, Research Operations & Management, Office of Technology Transfer,Agricultural Research Service, US Department of Agriculture, MD
  • Dr. Sheila E. Desai - Senior Science & Technology Advisor, Center for Innovation & Partnerships, USAID, New Delhi
  • Talat Hasan - General Partner, Hitek Venture Partners
  • Dr. Sashi Reddi, SRI CAPITAL Philadelphia,PA
  • Mr. Peter T. Dabrowski - Manging Director, Tano Capital/Tano Ventures, Palo Alto, CA

India Board Members[8]

  • Arabinda Mitra - Advisor & Head (IBCD), Department of Science & Technology, Government of India
  • H.K. Mittal - Head, NEB Division, Department of Science & Technology,Government of India
  • Dr. Alka Sharma - Director, Department of Biotechnology, Government of India
  • Dr. B V Phani - Professor, Finance, Innovation & Entrepreneurship (IME),Coordinator, SIDBI Innovation & Incubation Center (SIIC), Coordinator, Syndicate Bank Entrepreneurship, Research and Training Centre (SBERTC),Indian Institute of Technology, Kanpur
  • Dr. Acquino Vimal - Director (Americas), Ministry of External Affairs, Government of India
  • Dr. Vipin Kumar, Director & Chief Innovation Officer,National Innovation Foundation, Ahmedabad
  • Mr. Anantapadmanabhan Anantaram Sarma - Managing Director and CEO, SIDBI Venture Capital Ltd, Mumbai
  • Dr. Shirshendu Mukherjee - Senior Strategic Advisor, Welcome Trust, New Delhi
  • Mr. Sanjay Vijay Kumar - Chairman, Start-up village, Kochi

See also

References

  1. ↑ "Indio-U.S. science and technology endowment fund established". Silicon India. 2 May 2011. Retrieved 9 May 2014.
  2. ↑ Chong, Sei (2 January 2014). "U.S.-style startups gradually finding a home in India". Seattle Times. Retrieved 9 May 2014.
  3. 1 2 3 4 "U.S.-India Bilateral Cooperation on Science and Technology". U.S. State Department. 13 June 2012. Retrieved 9 May 2014.
  4. ↑ Rosenberg, Matthew (21 July 2009). "U.S., India Set Defense Deals". The Wall Street Journal. Retrieved 9 May 2014.
  5. ↑ "Fact Sheet: The United States and India - Strategic and Global Partners". WhiteHouse.gov. 27 September 2013. Retrieved 9 May 2014.
  6. ↑ "India-US award for Jaipur doctor". Times of India. 30 June 2014. Retrieved 9 May 2014.
  7. ↑ "US Board Members". United States-India Science & Technology Endowment Fund. Retrieved 10 May 2014.
  8. ↑ "Indian Board Members". United States-India Science & Technology Fund. Retrieved 10 May 2014.

External links

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