Ministry of Defence vide press release dated 12 December 2022 has issued clarification regarding ‘Dare to Dream’ scheme for promoting start ups. DRDO has been launching Dare to Dream Contest every year since 2019 to bring together innovators, entrepreneurs, individuals above 18 years and start-ups (recognised by DPIIT and with Indian founders) for innovative ideas in the field of Defence and Aerospace.
The selection criteria for evaluation of the entries are completeness of proposal, scientific soundness, design completeness, merit, technological readiness level achieved and innovation. The selected individual/company are getting benefitted as DRDO supports them to realise awarded ideas into Prototype through Technology Development Fund (TDF) scheme.
