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BIRAC launches Pace Scheme to develop Technology/Product – India

South Korea: Public Diplomacy Small Grants Program

Deadline: 31-Jul-23

To encourage/support academia to develop technology/product (up to PoC stage) of societal/ national importance and its subsequent validation by an industrial partner, BIRAC has launched PACE (Promoting Academic Research Conversion to Enterprise) Scheme.

Biotechnological research and development in India is largely carried out by academic institutions (universities/research organizations) and to some extent by industry (mostly large companies). By virtue of their strong infrastructure & technical capability academic/ research establishments are mandated to research on variety of problems of national importance and societal relevance. Also, unlike industry, research by academia is not governed by commercial gains alone thus allowing them to work on problems involving even high degree of risk.

Priority Areas
Components

The scheme has two components as below:

Duration of Project
Types of projects supported
Eligibility Criteria
Ineligible

For more information, visit BIRAC.

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