BIRAC LEAP Fund |
Organization | Biotechnology Industry Research Assistance Council (BIRAC) |
Source of funding | Government |
Scheme | BIRAC LEAP Fund |
Type of funding | Equity |
Funding Amount | 10000000 |
Description | funding support of up to Rs 1 crore per startup |
Range of funding | Rs 50 lakh to Rs 2 crore |
Target investees | Entrepreneurs / Start-ups/ |
Note | LEAP Fund (Launching Entrepreneurial Driven
Affordable Products) primarily aims to address this need through the Incubators.BioNEST Bioincubators (LEAP fund partners)
will be given up to Rs 5 crore fund/ partner for investing in potential Startup against equity and equity linked instruments. |
Purpose | Thus the proposed funding support is positioned to act as a catalyst in
bringing technologies/ products forward towards piloting/ commercialization and reducing their gestation to commercialization |
Focus area | Biotechnology/ Biomedical/ Health Technologies |
Provides Funds For | A, B, C, D, E, F |
Scheme Type | Ongoing scheme |
Recommended scheme | |
Scheme status | Live scheme |
More detail.. | Link |