Innovations

Biotechnology Ignition Grant (BIG)

The Applicant should be an Indian citizen and has to be physically incubated in an incubator and produce a recommendation. They must provide termination for full-time association of project. Applicants from non-profit/research organisation need to furnish an NOC. The Promoter/shareholder of any LLP is not eligible.

Funding Agency: Department of Biotechnology (DBT), Govt of India

Area(s): Life Sciences & Biotechnology, Medical Sciences

Financial Incentives: Up to INR 50 Lakhs for research projects with a commercialisation potential with duration of up to 18 months are provided.

Time Period: Not Available

Institution(s) involved: Biotechnology Industry Research Assistance Council (BIRAC)

Overview: BIRAC believes in novel ideas that have a commercialisation potential and that evolve from startups or academic spin-offs. This scheme aims to support those ideas which have an unmet need for funding and mentorship. It promotes basically the technology ideas relating to medical/health biotechnology, biopharma and medical devices/biomaterials/diagnostics, agro, biotechnology and animal/marine biotechnology, industrial/ environmental biotechnology and biomass value addition via biotechnology, biotechnology-based services/reagents/supplies, bioinformatics and bio-IT interface etc.

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