Funding scheme detail

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Reports name /title Funding scheme detail
Report was generated on 23 Oct 2019 (Date based on PCT time)
Report url http://venturecenter.co.in/viewrecord.php?srn=BI20151216103206
Description & notes (A) - Technology Development Funds; (B) - Patent Protection Funds; (C) - Technology In-Licensing Funds; (D) - Technology Scale-up/ Validation / De-risking Funds; (E) - Market Entry Funds; (F) - Expansion Funds;
Small Business Innovation Research Initiative(SBIRI) Phase 1
OrganizationBiotechnology Industry Research Assistance Council (BIRAC)
Sub-Department / Committee
Source of fundingGovernment
SchemeSmall Business Innovation Research Initiative(SBIRI) Phase 1
Type of fundingGrant
Funding Amount5000000
DescriptionUp to Rs 50 lakh grant and Rs. 50 lakh loan
Range of fundingRs 50 lakh to Rs 2 crore
Target investeesStart-ups
NoteFunding structure: If the actual project cost is up to Rs. 25 lakhs, 80% of the project cost will be available as a government grant. If the actual project cost is between Rs. 25 lakhs and Rs. 100 lakhs, 50% of the project cost will be available as government grant subject to a minimum of Rs. 20 lakhs and maximum of Rs. 50 lakhs. If the project cost is beyond Rs. 100 lakhs, in addition to the Govt. grant of Rs. 50 lakhs, the unit will be eligible for interest free loan upto 50% of the amount (subject to a limit of Rs. 50 lakhs as loan) by which the total project cost exceeds Rs. 100 lakhs.
Purpose
Focus areaBiotechnology/ Biomedical/ Health Technologies
Provides Funds For A, B, C, D,
Scheme TypeOngoing scheme
Recommended scheme
Scheme statusLive scheme
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