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BIRAC launches Pace Scheme to develop Technology/Product (India)

Deadline: 20-Jan-24

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).

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.

The scheme has two components as below:

Key Features of the Call

The scheme has two components as below:

Who can apply?

For more information, visit BIRAC.

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