As part of this scheme, successful BIG Innovators receive up to INR 50 lakh (USD 70,000 approx) for research projects with commercialization potential with duration of up to 18 months.
The call for proposal is announced twice a year, i.e. on 1st January and 1st July. Call for proposals typically remains open for about 45 days.
The BIG Scheme is currently managed through 8 BIG Partners across the country who works with the Ignition grantees (BIG Innovators) to provide mentoring, monitoring, networking and other business development related activities.