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TAF

Space Technology Adoption Fund

Up to ₹25 crore per project — funding 60% of cost for startups and MSMEs — to take space technology from TRL 3/4 to a commercial product.

What you get

₹500 crore fund · up to 60% of project cost for startups and MSMEs · capped ₹25 crore per project

Nodal ministry

Department of Space

Support type

Grant

Best suited for

Prototype / PoC · Growth / Scaling

Typical timeline

Register and apply on the IN-SPACe TAF portal

What this scheme actually is

TAF exists to close the gap between a validated space technology and a saleable product. It funds up to 60% of project cost for startups and MSMEs (40% for large industry), moving technologies from TRL 3/4 to TRL 8/9. At ₹25 crore per project it is the largest non-equity instrument available in the Indian space sector.

Implementing agency: IN-SPACe

What the scheme sets out to do

Promote Indian non-government entities to develop space products and scale productionisation
Drive commercialisation of cutting-edge technologies in the space sector
Meet global and domestic space-sector demand from Indian supply

Who can apply

Indian non-government entities including startups, MSMEs and large industry
Projects moving early-stage technologies at TRL 3/4 towards commercially viable products at TRL 8/9

What you get

Funding up to 60% of project cost for startups and MSMEs; 40% for large industry
Maximum funding per project capped at ₹25 crore
Total fund corpus of ₹500 crore

How to apply, step by step

  1. 1

    Establish the TRL journey

    The proposal is structured around moving from a stated starting TRL to a stated target TRL. Both must be evidenced.

  2. 2

    Confirm you can fund the 40%

    TAF funds 60% for startups and MSMEs. A ₹25 crore grant implies a project of roughly ₹42 crore — the balance funding plan is scrutinised.

  3. 3

    Register and apply on the IN-SPACe TAF portal

    Applications are made at inspace.gov.in under the TAF section.

  4. 4

    Execute against productionisation milestones

    Release is milestone-linked and oriented towards manufacturing readiness, not just technical success.

How Company Avenue Advisory helps

What we actually do on a TAF mandate

Counterpart-funding plan for the 40% share — debt, equity or internal accrual, documented
Udyam/MSME registration to secure the higher 60% funding ratio
Project costing, CA-certified financials and milestone budgeting
Grant accounting, utilisation certificates and audit through a multi-year project

No consultant can guarantee a sanction — that decision sits with the evaluating committee, bank or incubator. We commit to an honest eligibility view, an application built to the evaluator’s format, filing inside the window and a documented follow-up cadence. That is stated in every engagement letter we sign.

Official sources

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