Accelerating Entrepreneurs (AcE) Fund
Link to the Programme
It is an equity fund for biotech start-ups and provides risk capital to undertake innovative R&D of products.
Sustainable Entrepreneurship and Enterprise Development (SEED) Fund
Link to the Programme
Aims to provide capital assistance to start-ups having new innovative ideas/technologies to obtain sustainability. The support provided acts as a bridge between start-up and angel/venture capitalists.
Launching Entrepreneurial Driven Affordable Products (LEAP) Fund
Link to the Programme
The funding is provided to start-ups against the equity or equity linked instruments for commercialization of their products. The maximum support is provided upto INR 1 Cr per start-up.
Product Commercialization Programme
Link to the Programme
Through this programme BIRAC provides assistance to start-ups for faster product commercialization. The assistance includes market research, business management, IP management, regulatory issues, networking, etc.
Facilitation of Innovation and Regulation for Start-ups and Innovators (First) Hub
Link to the Programme
The first hub acts as a nodal point for resolving issues related to innovators, start-ups, academia, SMEs and incubators. It acts as a facilitation unit to promote national mission initiatives such as ‘Make in India’ and ‘Start-up India’. In 2014, BIRAC established ‘Make in India Facilitation Cell (https://www.birac.nic.in/mii/)’ to promote biotech research and industry in the country. BIRAC has also created a ‘Start-up Kit (https://www.birac.nic.in/mii/Information-for-Startups.php)’ that acts as a start-up guide for budding entrepreneurs and start-ups, guiding them for support available for innovation right from the ideation to the product/technology generation.