Small Business Innovation Research Initiative (SBIRI) is a flagship Public-Private Partnership Programmeof BIRAC, a Not-for-Profit, Public Sector Company set up by Department of Biotechnology, Ministry of Science & Technology, Government of India to promote and nurture innovative research in Biotech Enterprises.
Ø Supports start-ups, small and medium enterprises and other ‘for-profit’ private companies
Ø Financial support for early stage & proof-of-concept for innovations based on valid hypothesis, R&D aimed at affordable product development, lab-scale technology refinement, validation of a technology at pilot scale, platform technologies/prototypes development etc.
Ø The support is extended as a mix of grants-in-aid and loan.
Ø Collaborating public/academic institutions/universities are eligible for grants-in-aid
Ø The proposals can be submitted
o solely by a Company incorporated under the Companies Act, 1956 or Limited Liability Partnership (LLP) incorporated under the Limited Liability Partnership Act, 2008 orJoint Ventures either in the form of Company/ LLP
o by any of the above entities jointly with other private or public partner(s) (Universities or Institutes).
Ø Minimum 51% of the shares of the Company should be held by Indian Citizens.
Ø Minimum half of the persons who subscribed their names to the LLP document as its Partners should be Indian citizens.
Ø The main industry applicant should have DSIR* recognized in-house R&D unit or apatent granted or acquired, that will be used for the proposed project.
*(The Companies should have DSIR certificate. The Companies in the process of obtaining DSIR recognition may also apply along with the proof of application for DSIR. However, the final decision on such applications would be subject to their getting DSIR recognition)
Proposals are 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 :28th Feb, 2014
Details of the scheme including eligibility requirements, categories for proposal submission; guidelines for support as grant and loan; agreement templates etc.are available at
For further details contact:Mr. A.P.Netraranjn, Project Manager, SBIRI, BIRAC
Email:sbiri.dbt@nic.in; swarup@dbt.nic.in
Announcement Date: 15-01-2014
Last Submission Date: 28-02-2014 12:00 AM