The fund will be disbursed from Consolidated Fund of India (CFI) to the Special Purpose Fund. The scheme will be operationalized through a Special Purpose Fund (SPF) within the Anusandhan National Research Foundation (ANRF) using a two-tiered funding mechanism:

First level: SPF within ANRF as the custodian of funds.

Second level: The implementation of the scheme shall be done by 2nd level fund managers. The 2nd Level Fund Manager can be in the nature of: Alternative Investment Fund structure (AIF), Development Finance Institutions (DFIs), Non-Banking Finance Corporation (NBFC) and Focused Research Organization (FRO), e.g. Technology Development Board (TDB), Biotechnology Industry Research Assistance Council (BIRAC), IIT Research Park etc.