Applications Invited for Under SBIRI

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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

Support for discovery, proof-of-concept and early stage innovations, R&D aimed at affordable product development.

   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

Key Features

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

Eligibility

The proposals can be submitted

• Solely by a Company incorporated under the Companies Act, 2013 or
• Limited Liability Partnership (LLP) incorporated under the Limited Liability Partnership Act, 2008 or
• 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

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 for the Scheme is required to be submitted online only. To submit a proposal online, please log on to the BIRAC website (www.birac.nic.in).

 No Hard Copy to be submitted. Proposals submitted online only would be considered.

Last date for Submission of Proposals : 31st July 2022( 5:30 p.m.)

Details of the scheme including eligibility requirements, categories for proposal submission; guidelines for support as grant and loan; agreement templates etc. are available at www.birac.nic.in

For more information Please check the Link

Tags Innovations and Technology Others