Support for discovery, proof-of-concept and early stage innovations, R&D aimed at affordable product development.
· Aims:
ü To nurture and mentor innovative and emerging technologies/ entrepreneurs, to assist new enterprises to forge appropriate linkages with academia and government.
ü To create opportunities for starting new technology-based or knowledge-based businesses by science entrepreneurs
ü To stimulate technological innovations
Financial support is extended as a Grant-in-aid limited to Rs. 50.00 lakhs with a contribution from the Company.
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
The proposals can be submitted
ELIGIBILITY CRITERIA FOR INDUSTRY
ELIGIBILITY CRITERIA FOR ACADEMIC COLLABORATOR
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, 2019
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
Announcement Date: 15-06-2019
Last Submission Date: 31-07-2019