Deadline: 31 March 2019
Biotechnology Industry Research Assistance Council (BIRAC) is seeking proposals to support for discovery, proof-of-concept and early stage innovations, R&D aimed at affordable product development.
Biotechnology Industry Research Assistance Council (BIRAC) is a not-for-profit Section 8, Schedule B, Public Sector Enterprise, set up by Department of Biotechnology (DBT), Government of India as an Interface Agency to strengthen and empower the emerging Biotech enterprise to undertake strategic research and innovation, addressing nationally relevant product development needs.
An Advanced Technology Scheme for high risk,transformational technology/ process development from proof-of-concept to validation leading to high value product commercialization.
- Support new and futuristic technology development with major social bearing but uncertain market driven demand.
- Support start-ups, SME’s and other Biotech companies on cost sharing basis.
Aims
- To nurture and mentor innovative and emerging technologies/ entrepreneurs, to assist new enterprises to forge appropriate linkages with academia and government.
- To create opportunities for starting new technology-based or knowledge-based businesses by science entrepreneurs.
- To stimulate technological innovations.
Grant Information
Financial support is extended as a Grant-in-aid limited to Rs. 50.00 lakhs with a contribution from the Company.
Eligibility Criteria
- The proposals can be submitted
- Solely by a Company incorporated under the Companies Act, 2013.
- Limited Liability Partnership (LLP) incorporated under the Limited Liability Partnership Act, 2008.
- Joint Ventures either in the form of Company/ LLP by any of the above entities jointly with other private or public partner(s) (Universities or Institutes.
- For Industry
- Minimum 51% of the shares of the Company should be held by Indian Citizens holding Indian passport (Indian Citizens do not include Person of Indian Origin (PIO) and Overseas Citizenship of India (OCI) holders).
- Minimum half of the persons who subscribed their names to the LLP document as its Partners should be Indian citizens.
- Participating companies should have adequate in-house facility to address the project implementation aspects (which shall be evaluated during the site visit) OR Incubated with any of the recognized Incubation Facility.
- For Academic Collaborator
- Public/private university/colleges in India.
- National research laboratories.
- Not-for-profit private research labs/societies/foundation.
How to Apply
Interested Applicants can apply online via given website.
Eligible Country: India
For more information, please visit http://www.birac.nic.in/cfp_view.php?id=40&scheme_type=2