GREAT Scheme

The Union Government has approved four startups in the field of technical textiles under the Grant for Research & Entrepreneurship across Aspiring Innovators in Technical Textiles (GREAT) Scheme.

• The GREAT Scheme was launched in August 2023 under the Research, Development, and Innovation component of the National Technical Textiles Mission (NTTM).
• It aims to develop the startup ecosystem in technical textiles in India by providing financial support to individual entrepreneurs or startups for functional prototypes or commercialization of their technologies.
• The scheme focuses on key strategic areas such as medical textiles, industrial textiles, and protective textiles, fostering innovation, research, and entrepreneurship.
• The Union Ministry of Textiles provides grant-in-aid of up to ₹50 lakhs for a period of 18 months to support these initiatives.