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Reports name /title Funding scheme detail
Report was generated on 03 Jul 2020 (Date based on PCT time)
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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;
BIRAC University Innovation Cluster
OrganizationBiotechnology Industry Research Assistance Council (BIRAC)
Sub-Department / Committee
Source of funding
SchemeBIRAC University Innovation Cluster
Type of fundingGrant
Funding Amount500000
DescriptionFellowship and Innovation grant
Range of fundingUnder Rs 10 lakh
Target investeesstudent innovators
PurposeProgram details: A Cluster for 5-6 students/young Entrepreneurs to test their ideas/discoveries and take them to Proof of Concept An incubation space-2500-3000 Sq.ft; BIRAC Innovation Fellowships for two (2) Post Docs. and four (4) Post M.Sc. Fellows per university Post Doc. Fellow: BIRAC Innovation Fellowship @ Rs. 50,000/- p.m. & Innovation Grant of Rs. 5,00,000 p.a. for three years Post M.Sc. Fellows: BIRAC Innovation Fellowship @ Rs. 30,000/- p.m. & Innovation Grant of Rs. 2,00,000 p.a. for three years Industry Participation for training, mentoring, sponsored research and networking opportunities and IP & Technology Management; access to risk finance among others.
Focus areaBiotechnology/ Biomedical/ Health Technologies
Provides Funds For A, B,
Scheme TypeOngoing scheme
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Scheme statusLive scheme
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