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Biotechnology Ignition Grant

by opportunitydiary

Application Deadline:
About Opportunity

Biotechnology Ignition Grant (BIG) is the flagship pioneering startup funding programme of BIRAC, DBT, GoI. With a grant-in-aid of up to INR 50 Lakhs over a period of 18 months, the scheme encourages and supports biotech entrepreneurs to establish and validate proof of concept (POC) for an idea with a commercial potential.

Eligibility Requirements

The indicative criteria for evaluation of an application include Unmet need, Value proposition, Technical viability, Team strength. Proposed product/ technology must have Commercialization Potential.

Benefits

  • Foster generation of ideas with commercialization potential
  • Upscale and validate proof of concept
  • Encourage researchers to take technology closer to market through a start-up•Stimulate enterprise formation

Application Procedure

  1. Preliminary Selection Committee (PSC) screens the proposals for scheme fit, adequacy of details, plagiarism
  2. The PSC recommended proposals are then reviewed Online by subject experts
  3. The recommended applicants are then called for F2F presentations before Technical Evaluation Panel (TEP). The proposal will be scored on a scale of 100.
  4. Expert Selection Committee (ESC) will decide the final cutoff of marks and recommend the proposals for BIG funding.

Official Website: Biotechnology Ignition Grant

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