Applications Invited for BIRAC Product Commercialization Program (PCP) Fund

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.

Vision: To Stimulate, foster and enhance the strategic research and innovation capabilities of the Indian biotech industry, particularly start-ups and SME’s, for creation of affordable products addressing the needs of the largest section of society.

About the Grant  

BIRAC is promoting product/technology development by Indian Start-ups in different areas of biotechnology through various funding schemes such as BIG, BIPP, SBIRI, PACE, IIPME, SPARSH, through various partnerships programmes like Grand Challenges India, National Biopharma Mission, WISH, DBT-BIRAC biomanufacturing initiative or as innovation awards like TiE Winer. BIRAC-supported technologies are continuously monitored and measured for technology maturation on a BIRAC-TRL (Technology Readiness Level; http://www.birac.nic.in/desc_new.php?id=443) scale of 1 to 9. The existing BIRAC schemes support product development, extensive validation up to pre-commercialization. Once the technology/product has been successfully validated (≥TRL 7) and is market-ready, there are additional financial requirements for preparing the ground for market launch, test-validation in targeted markets, and large-scale commercialization, which are not covered under the existing funding programmes. To deal with the situation, BIRAC has launched a Fund under the BIRAC Product Commercialization Program (PCP) called the PCP fund.

Key features of the call:

• The fund will be committed to accelerate market launch, pilot-market validation, and large-scale commercialization of biotechnology products/technologies developed by Indian start-ups.
• Indian start-ups having a nationally relevant product which is at TRL 7 or above will be considered, even if the product is not developed with funding from BIRAC

Eligibility

• Indian start-ups incorporated within 10 years from the completion of each call evident from the incorporation certificate.
• The startup should have at least 51% Indian Shareholding which is CA/CS certified with UDIN. 51% shareholders should have Indian citizenship with valid Indian passport.

How to Apply

Only online submission of proposals is allowed.

For proposal submission please register on BIRAC website. User registration is open round the clock. For further details on the scheme, eligibility criteria and registration log on to www.birac.nic.in.

For any queries, please contact: dkumar@birac.nic.in and tech03@birac.nic.in

Last Submission Date: 31-12-2026 12:00 AM

For more information please check the Link

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Tags Entrepreneurship Impact Investing Innovations and Technology Sustainable Development Goals (SDGs) Research Others