Biotechnology Ignition Grant Scheme
Ministry: Ministry Of Science And Technology
Department: Department Of Biotechnology
The “Biotechnology Ignition Grant Scheme (BIG)” is a flagship scheme of BIRAC which recognizes and invests in innovative ideas in the biotech sector. BIG scheme supports individual entrepreneurs/ start-ups from ideation to Proof of Concept.
About This Scheme
Benefits
Support provided to grantees under the scheme:
1. Under the BIG scheme, BIRAC provides a grant-in-aid of up to INR 50 lakhs (approx. USD 75,000) for a period of 18 months.
2. BIG Partners and BIRAC provide continuous mentoring support to the grantees, including but not limited to the following:
• Technical Mentoring (Connect with Technical Experts)
• IP Support
• Legal Support
• Networking and Outreach
• Trainings
• Regulatory Advice
• Business Mentoring
• Connect with Investors
• Any other assistance on a case basis
Eligibility
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Required Documents
- ✦Letter of commitment from Scientific Advisors/ Mentors to serve as honorary advisors
- ✦Letter of intent of key members of the technical team
- ✦Letter of interest/intent from the incubator
- ✦Evidence of access to the unique facility(ies) needed to execute a project
- ✦Evidence of access to key samples needed to execute the project (eg: bio-fluids)
- ✦Any other relevant document
- ✦Letter of acceptance or MoU with incubator
- ✦Formal agreements/ MoUs with other key facility(ies) providers/ suppliers
- ✦Any other due diligence documents requested on a case-to-case basis by BIG Partners (e.g. technology in licensing; IP rights clarification; NoC from Institute etc.)
- ✦Undertaking by the applicant that the project with the same objectives and deliverables has not received funding from any other agency.
- ✦Any other relevant document
✦ Required ◦ Optional
How to Apply
Quick Info
- Level
- Central Government
