| Academic Innovation Research (AIR) |
| Organization | Department of Science and Technology |
| Source of funding | Government |
| Scheme | Academic Innovation Research (AIR) |
| Type of funding | Grant |
| Funding Amount | 5000000 |
| Description | Total cost of the project must not exceed Rs. 50 lakhs (Non-recurring cost must not exceed 10% of the total cost) |
| Range of funding | Rs 25 lakh to Rs 50 lakh |
| Target investees | research institutes/Academia |
| Note | To encourage/support academia to develop technology/product (up to PoC stage) of societal/ national importance and its subsequent validation by an industrial partner, BIRAC has launched PACE (Promoting Academic Research Conversion to Enterprise).The scheme has two components as below:
1. Academic Innovation Research (AIR):
2.Contract Research Scheme (CRS):
|
| Purpose | The objective of Academic Innovation Research (AIR) scheme is to promote development of Proof-of-concept (PoC) for a process/product by academia with or without the involvement of industry/LLP.
|
| Focus area | Biotechnology/ Biomedical/ Health Technologies |
| Provides Funds For | A, B, C, D, E, |
| Scheme Type | Ongoing scheme |
| Recommended scheme | |
| Scheme status | Live scheme |
| More detail.. | Link |
