Programmes & Schemes

Accelerating Entrepreneurs (ACE) Fund

Biotechnology Innovation Fund - AcE(Accelerating Entrepreneurs) Fund is an equity "Fund of Fund" exclusively for Biotech Start-ups. AcE daughter funds are SEBI registered private funds to invest equity in start-ups for providing the risk capital to undertake innovation, research and product development

Ministry / Department: Department of Biotechnology (DBT), Govt of India

Focus Area: Life Sciences/ Biotechnology

Target Audience: Start Ups and Entrepreneurs

Funding Agency: Biotechnology Industry Research Assistance Council (BIRAC)

Eligibility: The Potential AcE partner applicant should be a proper legal entity operationalizing eligible daughter fund(s). The applicant should have experience of preceding five years particularly in Biotechnology/Health- Science/Life – Science related field for three years.

Purpose: Capacity Building

Application Method: Offline

Fellowship / Financial Assistance: The assistance to each of the start-up will be up to INR 7 crores against equity held by the Partner.

Know more

Search form