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
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.
For any queries, please contact: dkumar@birac.nic.in and tech03@birac.nic.in
Announcement Date: 08-01-2026
Last Submission Date: 31-12-2026 12:00 AM