This forum was established as an autonomous not-for-profit society in 2000 to promote Indo-US collaborations in the fields of science, engineering, technology and biomedical by promoting interaction among government, industry, academia and research institutes. It is co-governed and co-funded by Indian and US governments. The forum strongly aims at encouraging PPP and techno-entrepreneurship to promote technological synergy.
Major Programmes of IUSSTF Promoting Bilateral Innovation
Aims to fund academic or industry or start-ups as partners in India and US to undertake joint US-India entrepreneurial activities with a focus to commercialize technologies having societal impact.
Aims to support and accelerate the commercialization of innovative clean energy access by small businesses to develop and test innovative products. The fund is co-sponsored by Indian and USA governments by providing ₹50 Cr as an early stage grant to enterprises to develop clean energy solutions.
This programme was jointly launched by DST, GoI, New Delhi; Lockheed Martin Cooperation, USA; IUSSTF, New Delhi; FICCI, New Delhi; Stanford Graduate School of Business, TiE Silicon Valley and the IC2 Institute at the University of Texas at Austin in 2007 as a PPP programme to promote innovation pipeline in the Indian ecosystem by financially supporting at ideation, innovation and acceleration phase. New partners such as Tata Trust; Massachusetts Institute of Technology (MIT), USA; Indian Institute of Management, Ahmedabad and IIT Bombay have joined this programme. Around 50 technologies each year have been successfully generated under this funding support.
IUSSTF has created a platform of virtual network Centres to enable Indian and American academicians, industry personals and researchers to carry out joint R&D activities. Funding is granted for a period of two years up to ₹50 Lakhs.
It is a collaborative initiative of DST, GoI, New Delhi and Intel India, administered by IUSSTF. The programme tends to support the development of technologies in the field of communication and sensing of large scale data by sensor nodes on a real-time basis.
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