Read the following passage carefully:
"In September 2025, the Ministry of Commerce and Industry notified the National Deep Tech Startup Policy (NDTSP) to accelerate R&D-driven innovation. Under the framework, eligible deep-tech ventures possessing registered patents in quantum computing or synthetic biology are entitled to a 50% capital subsidy on specialized laboratory equipment, capped at ₹5 crore per entity. However, this subsidy is restricted exclusively to startups operating in Tier-2 and Tier-3 cities that have maintained full operational compliance for at least three consecutive financial years. Furthermore, entities receiving grants under the National Quantum Mission are explicitly barred from claiming dual benefits under the NDTSP subsidy framework. The policy explicitly mandates that software-only AI startups, regardless of their patent portfolio, do not qualify for hardware-centric capital subsidies."
Statement: A deep-tech startup located in a Tier-2 city that holds a registered patent in synthetic biology and has maintained operational compliance for four consecutive financial years is eligible to claim the 50% capital subsidy under the NDTSP even if it is currently receiving a grant under the National Quantum Mission.
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