KIIT-TBI Ecosystem with the support of
Biotechnology Industry Research Assistance Council (BIRAC)
OUR JOURNEY WITH BIRAC
Impact So far
BIRAC Funding Programs for startups
Social Innovation Immersion Program (SIIP)
“Empowering Emerging Innovators: Backing Early-Stage entrepreneurs and Startups addressing critical societal challenges through BIRAC’s Social Innovation Immersion Program (SIIP) with the support of INR 0.5 Lakhs as a fellowship per month and INR 5 Lakhs Research Grant for initial Prototype Development.”
Biotechnology ignition Grant (BIG)
“Catalyzing biotechnology-based innovations for young startups and entrepreneurial individuals, the Biotechnology Ignition Grant (BIG) is a flagship program of BIRAC. It offers early-stage financial support of up to INR 50 lakhs as a grant-in-aid for 18 months for prototype development.”
BIG North east Special Call
“Fueling biotech-led Innovations and Startups in the region of East and Northeast India to Validate Pioneering Concepts through “BIRAC’s North East Special Call for Biotechnology Ignition Grant (BIG). It offers early-stage financial support of up to INR 50 lakhs as a grant-in-aid for 24 months for prototype development.”
BIRAC SEED
“Fostering biotech startups to survive the first ‘Valley of Death’ and aiding them in becoming investible through BIRAC SEED funding, which offers Equity-based investment up to INR 30 Lakhs”
BIRAC LEAP
“By providing financial support to budding entrepreneurs with biotech-driven innovative and promising ideas, as well as cutting-edge technologies, the BIRAC LEAP fund plays a pivotal role in advancing technologies and products towards the pilot phase and eventual commercialization. It offers Equity-based investment up to INR 50 Lakhs.”
Success Stories
COORDINATORS
Dr. Bhaskar Das
Dr. Jayalaxmi Dash
KIIT-Technology Business Incubator
Campus 11, KIIT-DU, Bhubaneswar, Odisha, IN 751024
