BIRAC has initiated several schemes, networks and platforms that have helped to bridge existing gaps in Biotech research and development and facilitates the development of novel, high-quality affordable products through cutting edge technologies. Carefully curated, BIRAC's schemes and programs cater to the entire gamut of innovations from ideation, proof of concept, validation, and commercialization by providing equity funding through three of its schemes i.e., SEED (Sustainable Entrepreneurship and Enterprise Development), LEAP (Launching Entrepreneurial Driven Affordable Products) and ACE (Accelerating Entrepreneurs). BIRAC funds a wide range of thematic areas including healthcare, agriculture, maternal and child health, nutrition, sanitation, waste to value, devices and diagnostics, bio-informatics, animal health, pharmaceuticals, energy, computing to name a few.
Under the concept laboratory-to-market, BIRAC, proactively handholds start-ups by providing financial and technical support and mentorship through…