|BIRAC Announces 5th Call for Proposals under the Biotechnology Ignition Grant (BIG) Scheme
Biotechnology Ignition Grant (BIG) scheme is for potential entrepreneurs from
Academia, start-ups or an Incubatee (Researchers, PhDs, Medical degree holders,
Biomedical Engg. Graduates, B.Tech, M.Tech, B.Pharma) who have an exciting idea
which may be in the nascent and planning stage and there is an unmet need for
mentorship and initial funding. The Biotechnology Ignition Grant would help to
support and nurture these high risk early starters and their concepts.
here to view Guidelines
here to view Advertisement
here to view FAQs
|KEY FEATURES OF THE CALL
main aim of BIG Scheme is:
a. To establish and validate proof of concept
b. To enable creation of spin-offs.
Scope & Support
i. BIG is for high level of
innovation in the Biotechnology sector.
ii. BIG scheme supports only up-to Proof-of-Concept stage.
iii. Funding will be in the form of Grant-in-Aid limited
up-to Rs 50 lakh
iv. The period for the study would not exceed 18 months.
v. Funding may also be used for conducting limited market
research, patenting costs, working capital during the period, travel, salary
|WHO CAN APPLY?
- Registered company
incorporated on/after 1st July, 2011 in which more than 51 % of the
ownership is held by lndian Citizens
- Company should have a
functional R&D laboratory
- If the registered company
does not have a functional Laboratory of its own, then it should be
incubated in an Incubator which has a functional laboratory.
Or Potential entrepreneurs from Academia, Research Institute, Or Researchers,
PhDs, Medical degree holders, Biomedical Engg. Graduates, B.Tech, M.Tech,
Incubated in a Technology Business Incubator
with an exciting idea which may be in the nascent and planning stage can apply
under this scheme.
|HOW TO APPLY?
are required to be submitted online only.
To submit a proposal online, please log on to the BIRAC website
Online Proposal Submission opens on 1st July, 2014.
No Hard Copy to be submitted. Proposals submitted online only would be
Last date for Submission of Proposals: 16th August, 2014
|LAST SUBMISSION DATE
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