BIRAC LEAP Fund at Venture Center — Frequently Asked Questions
Answers to the questions founders most often ask about BIRAC LEAP Fund at Venture Center — who qualifies, the funding amount, required documents and how the application works.
Frequently asked questions
What is the BIRAC LEAP Fund?
The BIRAC LEAP (Launching Entrepreneurial Driven Affordable Products) Fund, hosted by Venture Center, is an equity investment program designed to accelerate innovative Indian startups from the lab to market, particularly in biotech, biomed, and deeptech sectors.
How much funding can a startup receive from the BIRAC LEAP Fund?
Startups selected for the BIRAC LEAP Fund can receive capital assistance of up to ₹100 lakh (₹1 Crore) per venture.
What is the application deadline for the BIRAC LEAP Fund?
The current application deadline for the BIRAC LEAP Fund is February 27, 2026.
What types of startups are eligible for this fund?
The fund primarily targets Indian startups in biotech, biomed, and science-driven deeptech sectors with strong intellectual property potential and a product-focused business model. Service-based models are less prioritized.
What are the ownership and registration requirements for applying startups?
Applicants must be Indian startups with at least 51% ownership held by Indian citizens. They must also be registered as a private limited company or be in the process of completing this registration.
Does the BIRAC LEAP Fund take an equity stake in recipient companies?
Yes, the BIRAC LEAP Fund operates on an equity investment model, meaning it will take an equity stake in the startups it funds.
What support does Venture Center provide to funded startups?
Beyond funding, Venture Center integrates selected startups into its ecosystem, offering access to mentors, innovation programs, extensive networks, board-level advisory support, branding opportunities, and guidance for future fundraising rounds.
Where can I apply for the BIRAC LEAP Fund?
You can apply for the BIRAC LEAP Fund through the official application form available on the Venture Center's platform.
Is DPIIT recognition required for BIRAC LEAP Fund at Venture Center?
No. DPIIT (Startup India) recognition is not listed as a mandatory requirement for BIRAC LEAP Fund at Venture Center, though having it can strengthen your application and unlock other benefits.
Who is eligible to apply for BIRAC LEAP Fund at Venture Center?
BIRAC LEAP Fund at Venture Center is open to startups at any stage. It is open to startups registered anywhere in India.
Who offers BIRAC LEAP Fund at Venture Center?
BIRAC LEAP Fund at Venture Center is offered by Venture Center, a startup incubator. It is provided as an investment.
How do I apply for BIRAC LEAP Fund at Venture Center?
Apply directly through the official application link on this page. Review the eligibility criteria and prepare your startup documents before you begin.