BIRAC - Biotechnology Ignition Grant (BIG) Scheme — Frequently Asked Questions
Answers to the questions founders most often ask about BIRAC - Biotechnology Ignition Grant (BIG) Scheme — who qualifies, the funding amount, required documents and how the application works.
Frequently asked questions
What is the funding amount offered by BIRAC BIG scheme?
The BIG scheme provides a grant of up to ₹50 Lakhs per project.
What is the application deadline for BIG?
BIG accepts applications through national calls that open on January 1st and July 1st each year. Specific closing dates are announced on the BIRAC website.
Who can apply for the BIG grant?
Indian citizens acting as Project Leaders who are incubated in an incubator can apply. Companies and LLPs registered in India with at least 51% Indian ownership and incorporated within 5 years of the call closing date are also eligible, provided they have a Project Leader and an in-house R&D facility or are incubated.
Does the BIG grant take equity in my startup?
No, the BIG scheme is a grant, so it does not take any equity. The funding is non-dilutive.
Is DPIIT or MSME registration required for BIG?
The scheme does not explicitly require DPIIT or MSME registration, but applicants must be incubated in an incubator and meet the entity requirements.
What documents are needed to apply for BIG?
Applicants need to provide a project proposal, proof of incubation (LoI or MoU), and for employed individuals or students, a No Objection Certificate from their employer or institution. Companies must provide incorporation documents and details of Indian ownership.
How do I apply for the BIG scheme?
You must apply online only through the BIRAC website at www.birac.nic.in. Applications are accepted during the national call periods starting January 1st and July 1st.
Can I apply if I am already a shareholder of an existing biotech company?
If you are a promoter or significant shareholder of an existing biotech company, you may not be eligible as an individual applicant. However, you can apply through the company route if the entity meets the eligibility criteria.
What stage of technology does BIG support?
BIG supports projects from ideation to proof of concept, helping translate ideas into commercially viable products or technologies.
Are there any industry restrictions for BIG?
The scheme is focused on the biotechnology sector, aiming to address unmet needs in areas such as healthcare, agriculture, and industrial biotechnology.
Who offers BIRAC - Biotechnology Ignition Grant (BIG) Scheme?
BIRAC - Biotechnology Ignition Grant (BIG) Scheme is offered by BIRAC, a government body. It is provided as non-dilutive funding.
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