The Biotechnology Ignition Grant (BIG) is a flagship scheme of Biotechnology Industry Research Assistance Council (BIRAC), a Government of India Enterprise which recognizes and invests in innovative ideas in the biotech sector.
The ideas should have clear potential to be translated into commercial products/technologies. BIG supports individual entrepreneurs/ start-ups from ideation to Proof of Concept (PoC).
Under BIG scheme, BIRAC provides grant-in-aid of up to INR 50 lakhs (approximately USD 75,000) for a period of 18 months.
The BIG scheme, supports ideation to PoC, Nurtures entrepreneurship to enable translation of ideas into commercially viable products/ technologies to address unmet need; Enables Biotech Startup Ecosystem in the country to become globally competitive
BIG scheme supports innovation under Healthcare, Lifesciences, Diagnostics, Medical Devices, Drugs, Vaccines, Drug Formulations and delivery systems, Industrial Biotechnology, Agriculture, Secondary agriculture, Waste Management, Sanitation, Clean Energy and related areas.
The project proposals can be submitted in any of the following seven categories: Devices & Diagnostics; Drugs including drug delivery; Industrial Biotechnology including Secondary Agriculture; Agriculture; Biosimilars & Stem Cells; Vaccines; Bioinformatics & facilities
Applicant can be an Individual or Company/ LLP. Individual applicant should be an Indian citizen. The primary applicant should be the Project Leader. The applicant has to be incubated in an incubator (Incubator could be located anywhere in the country and may/may not be supported by BIRAC). At the time of application, the applicant is expected to have identified preferred incubator. LoI/MoU with the incubator is required for final approval.
In case of Company/ LLP, it should be registered under the Indian Companies Act, 1956/2013. The incorporation date of the Company/LLP should not be earlier than 5 years from the date of closing of a particular BIG call. Detailed eligibility conditions are given in the Scheme Guidelines at https://birac.nic.in/
Application for BIG needs to be submitted online at www.birac.nic.in latest by 5.30 pm on 15th February, 2022.
.jpg?$p=3d735d6&q=0.8&f=16x11&w=104)
