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Reports name /title Funding scheme detail
Report was generated on 03 Jul 2020 (Date based on PCT time)
Report url http://funding.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 - 100% grant and for more than Rs. 50 lakh - grant would be Rs. 50 Lakhs + 50% of the Cost over and above Rs. 50 Lakhs. Remaining cost would be borne by the company
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.
Purposeto provide support for early stage, pre-proof-of-concept research in biotechnology by industry; and to support new indigenous technologies particularly those related to societal needs in the healthcare, food and nutrition, agriculture and othersectors,
Focus areaBiotechnology/ Biomedical/ Health Technologies
Provides Funds For A, B, C, D,
Scheme TypeOngoing scheme
Recommended scheme
Scheme statusLive scheme
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