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A Startup Funding Programme Of DBT- BIRAC

Supported by BIRAC under BioNEST Scheme

16th Call Open

BIG

Biotechnology Ignition Grant

Apply before 15th February, 2020 (5:30 PM)
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Igniting Innovation Spark

Through BIG funding, a grant of up to 50 Lakhs for 18 months is provided to biotech startups and entrepreneurial individuals to propel best in class innovative ideas to a POC-the first major milestone in the product development cycle.

The salient purpose of the BIG scheme is to:

  • Foster generation of ideas with commercialization potential.
  • Facilitate transformation of an idea into a proof of concept.
  • Encourage entrepreneurship by researchers and faculty.
  • Stimulate enterprise formation.

As a BIG partner, we manage hand-hold, monitor and provide guidance to BIG grantees including connecting them to investors and technical experts. Although KIIT-TBI joined as BIG partner from 4th Call, we are witnessing a steady rise in BIG applicants from start ups and entrepreneurial individuals. Until now, 38 innovative projects have been funded under BIG Scheme, spanning all areas of life science and med tech. Many of our BIG grantees have also successfully established their own commercial ventures.

Announcement

BIRAC Announces 16th Call For Proposals under Biotechnology Ignition Grant (1st January – 15th February 2020 (5:30 pm)

PROGRAMME BENEFITS

50 Lakh Grant

Grant-in –aid of upto 50 lakhs from BIRAC

Support

Incubation & Mentorship Support by KIIT-TBI

Exposure

International Exposure Visit & Investor Meet Pitching opportunity

Scale-up Support

Seed Funding of up to INR 25 Lacs may be awarded to enable advancement to the next stage