Industry Innovation Programme on Medical Electronics (IIPME) |
Organization | Biotechnology Industry Research Assistance Council (BIRAC) |
Sub-Department / Committee | |
Source of funding | Government |
Scheme | Industry Innovation Programme on Medical Electronics (IIPME) |
Type of funding | Grant |
Funding Amount | 10000000 |
Description | Up to Rs 1 cr |
Range of funding | Rs 50 lakh to Rs 2 crore |
Target investees | Individuals / Entrepreneurs / Start-ups |
Note | |
Purpose | Funding available as follows:
Category A:
A grant up to Rs. 50 lakhs is available for a period of 18 months
Category B:
Amount not exceeding INR 100 lakhs is available over the period of 24 months as Grant‐in‐aid. The project cost would be matched equally by BIRAC and the industry
Category C:
A mix of grant & loan for a period of 24 months is available. The project cost would be matched equally by BIRAC and the industry
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Focus area | |
Provides Funds For | A, B, C, D, |
Scheme Type | Ongoing scheme |
Recommended scheme | Editor's choice |
Scheme status | Live scheme |
More detail.. | Link |