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Biotechnology Industry Research Assistance Council (BIRAC) is a not-for-profit Section 8, Schedule B, Public Sector Enterprise, set up by Department of Biotechnology (DBT), Government of India as an Interface Agency to strengthen and empower the emerging Biotech enterprise to undertake strategic research and innovation, addressing nationally relevant product development needs.
BIRAC is a industry-academia interface and implements its mandate through a wide range of impact initiatives, be it providing access to risk capital through targeted funding, technology transfer, IP management and handholding schemes that help bring innovation excellence to the biotech firms and make them globally competitive. In its Eight years of existence, BIRAC has initiated several schemes, networks and platforms that help to bridge the existing gaps in the industry-academia Innovation research and facilitate novel, high quality affordable products development through cutting edge technologies. BIRAC has initiated partnerships with several national and global partners to collaborate and deliver the salient features of its mandate.
(Source: https://birac.nic.in/ )
About the Program:
BIRAC promotes the development of products / technologies by Indian start-ups in different fields of biotechnology through various funding programs such as BIG, BIPP, SBIRI, PACE, IIPME, SPARSH, through various partnership programs such as Grand Challenges India , National Biopharma Mission, WISH or as innovation awards like TiE Winer. The technologies supported by BIRAC are continuously monitored and measured for technology maturation on a BIRAC-TRL (Technology Readiness Level) scale 1 to 9. The existing BIRAC programs support product development, from extensive validation through to pre-market. Once the technology / product has been successfully validated (≥TRL 7) and is market ready, there are additional financial requirements to set the stage for market launch, validation of tests in targeted markets and large-scale marketing, which is not covered by funding programs. To deal with the situation, BIRAC launched the Product Marketing Program Fund (PCP Fund) under the BIRAC Product Marketing Program (PCP).
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To hasten the market launching and large scale commercialization process of BIRAC supported products/ technologies from Start-ups having high commercial potential or societal impact by providing financial assistance by way of Grant-in-Aid assistance.
Drugs (including drug delivery)
Devices and Diagnostics.
Industrial Biotechnology (covering Industrial Products & Processes)
Bioinformatics & software (Including Artificial intelligence, Big Data Analysis, IoT’s, software development etc.)
Any other relevant areas in Biotechnology as and when identified by the relevant Steering Committee for Product Commercialization (SCPC) Committee
Who can Apply:
Products/Technologies developed by Indian start-ups with BIRAC support through its funding schemes, partnership schemes, through BioNEST incubation, awards or in any other means, or Products of high national relevance, recognized according by the steering committee, developed by start-ups with support from other sources of funding having TRL ≥7 in the BIRAC-TRL scale and are ready for large scale commercialization in the next 6-18 months.
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