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Saturday, June 20, 2009

Permitting researchers to own equity stake in spin-offs without leaving job

Following the approval of cabinet, DSIR has released formal circular on this subject. See:
http://www.dsir.gov.in/circulars/knowledge_equity_om_25may2009.pdf

For researcher start-ups, funds are also available under TePP. Several faculty from IISc and IIT Mumbai have taken the plunge. Is it now the turn of CSIR scientists??

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