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Question : The state government of launched the Technology Transfer Scheme in November 2022.

Option 1: Kerala

Option 2: Tamil Nadu

Option 3: Andhra Pradesh

Option 4: Karnataka


Team Careers360 1st Jan, 2024
Answer (1)
Team Careers360 11th Jan, 2024

Correct Answer: Kerala


Solution : The correct answer is Kerala.

Kerala has initiated the 'Technology Transfer Scheme' to support startups in procuring technology licenses from government research institutions. Administered through the Kerala Startup Mission (KSUM), the scheme enables reimbursement of up to Rs 10 lakh for startups investing in technology from these institutions, fostering product development with commercial potential. This initiative aims to boost innovation and facilitate the transition of cutting-edge research into marketable products.

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