Biotechnology Industry Research Assistance Council (BIRAC) was awarded SKOCH Order-of-Merit Award during the 50th SKOCH Summit held on 20th-21st December 2017 at Constitution Club of India, New Delhi. BIRAC was nominated under ‘SKOCH Technologies for Growth Award 2017’ category for the project ‘Creating Biotechnology Innovation Ecosystem in India from Concept to reality’. This project was evaluated mainly on three important parameters, i.e., Early Bird, Jury Evaluation and Popular Vote. BIRAC is a not-for-profit Section 8, Schedule B, Public Sector Enterprise incorporated by the Government of India to foster innovation research in the Biotech Enterprise with special focus on Start-ups and SMEs. BIRAC has supported more than 1000 Start-ups and Entrepreneurs and nearly 500 small companies for innovation research and product development till date.
Skoch Group is working towards inclusive growth of India since 1997, led by digital, social and financial inclusion. They are able to achieve their goal by the help of its group companies that include a consulting wing, a media wing and a charitable foundation. The Chairman, Mr. Sameer Kochhar, has been consistently promoting participatory democracy, empowerment, and bringing improvements in delivery systems. Skoch Group has instituted India’s highest independent civilian honours in the field of governance, finance, technology, economics and social sector.