Applications Invited for BIRAC Grant Under Pace

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About the Organization

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.

BIRAC is a industry-academia interface and implements its mandate through a wide range of impact initiatives, be it providing access to risk capital through targeted funding, technology transfer, IP management and handholding schemes that help bring innovation excellence to the biotech firms and make them globally competitive. In its Eight years of existence, BIRAC has initiated several schemes, networks and platforms that help to bridge the existing gaps in the industry-academia Innovation research and facilitate novel, high quality affordable products development through cutting edge technologies. BIRAC has initiated partnerships with several national and global partners to collaborate and deliver the salient features of its mandate.

About the Grant

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.

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). 

The scheme has two components as below:

Academic Innovation Research (AIR):

• The objective of Academic Innovation Research (AIR) scheme is to promote development of Proof-of-concept (PoC) for a process/product by academia with or without the involvement of industry

Contract Research Scheme (CRS):

• Contract Research Scheme (CRS) aims at validation of a process or prototype (developed by the academia) by the industrial partner

Eligibility

Under the scheme, academia (Public or Private Institute, University, NGO, or Research Foundation) having a well-established support system for research shall be the primary applicant.

For Public or Private Institute, University, NGO, or Research Foundation, submission of proper registration/ accreditation from a government body is mandatory like UGC affiliation certification AICTE, CSIR /DSIR/SIRO certificate/Bye laws of society/Trust Deed etc whichever is applicable.

Involvement of industry/LLP is optional for AIR Scheme, it is mandatory to have an industrial partner/LLP for CRS

Eligibility Criteria 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.

Eligibility Criteria for Academic Collaborator

• Public/private university/colleges in India
• National research laboratories
• Not-for-profit private research labs/societies/foundation

How to Apply

Proposals under PACE are required to be submitted online only. For submission of proposals, Institutions need to register with BIRAC through “Institution User Registration”. Additional information on user registration, and proposal submission are available online at BIRAC website at www.birac.nic.in

 For further details, please contact:

Head-Investment, BIRAC

Email:investment.birac@gov.in

For more information Please check the Link

Tags Innovations and Technology Research Others