SEED Fund Partner BioNEST Incubator
No of Startups supported with Equity Investment of
INR 30 Cr
Follow on funding raised by 71 startups
Combined valuation of 89 startups
Number of products commercialised by Startups
(Last updated on: Feb 2023)
SEED Fund is the first equity exposure of up to INR 30 lakhs providing Capital assistance to post PoC Startups with new and meritorious ideas, innovations and technologies.
SEED support is positioned to act as a bridge between promoter’s investment and Angel/Venture investment. The scheme is implemented through selected BioNEST Incubators who as BIRAC’s SEED Fund partners receive grant–in-aid support of INR 200 lakhs/ cycle for deployment in Biotech Startups.