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News: Eleven teams of Indian and US scientists have been selected under COVID-19 Ignition Grants Initiative to jointly work on out of the box solutions ranging from novel early diagnostic tests, antiviral therapy among others for COVID 19.
Facts:
- COVID-19 Ignition Grants: It is an initiative by the U.S.-India Science and Technology Endowment Fund (USISTEF) to support promising joint U.S.-India S&T based entrepreneurial initiatives to address the COVID-19 challenge.
Additional Facts:
- USISTEF: It has been established by the governments of the United States of America (through the Department of State) and India (through the Department of Science & Technology).
- Aim: To support and foster joint applied R&D to generate public good through the commercialization of technology developed through sustained partnerships between U.S. and Indian researchers and entrepreneurs.
- Administered by: The fund is implemented and administered through the bi-national Indo-U.S. Science and Technology Forum (IUSSTF).