BIRAC Product Commercialization Program (PCP) Fund

The Biotechnology Industry Research Assistance Council (BIRAC), a Section 8 public sector enterprise under the Department of Biotechnology (DBT), Government of India, has launched the Product Commercialization Program (PCP) Fund to address a critical funding gap for biotech startups. While earlier BIRAC schemes like BIG, BIPP, and SBIRI support product development and validation up to the pre-commercialization stage (TRL 7), the significant costs required for market preparation, pilot deployments, and scaling up often remain unmet. The PCP Fund bridges this gap by providing crucial financial support to startups whose products or technologies have reached TRL 7 or above and are ready for market entry. The program aims to accelerate the transition from successful validation to actual market launch, enabling startups to conduct pilot validations, scale production, and execute comprehensive commercialization strategies. This fund ensures that nationally relevant biotech innovations reach society, transforming research into accessible products.

• Non-dilutive grant funding for biotech startups
• Targets products at Technology Readiness Level 7 or above
• Open to Indian startups up to 10 years old with 51% Indian shareholding
• Prior BIRAC funding not required
• Includes mentorship, regulatory, and market access support
• Apply via BIRAC portal with online proposal

To apply, your startup must be an Indian entity incorporated within the last 10 years, with at least 51% Indian shareholding held by Indian citizens holding valid Indian passports. The shareholding must be certified by a Chartered Accountant or Company Secretary with a UDIN number. Your core product or technology must have achieved Technology Readiness Level (TRL) 7 or higher, meaning it has been demonstrated in an operational environment and is ready for commercialization. Importantly, eligibility does not depend on whether your product received prior BIRAC funding; startups with or without previous BIRAC support can apply.

BIRAC Product Commercialization Program (PCP) Fund is open to startups at any stage. It is open to startups registered anywhere in India.

Applications for BIRAC Product Commercialization Program (PCP) Fund are open and the current deadline is 31 Dec 2026. Deadlines can change — always reconfirm on the official source before submitting.

Selected startups receive non-dilutive financial assistance (grants) to accelerate market launch, pilot-market validation, and large-scale commercialization. Beyond cash, beneficiaries gain access to BIRAC's ecosystem, which includes mentorship, strategic guidance, networking opportunities, regulatory support, and market access assistance. These resources help navigate the complex path from lab to market.

BIRAC Product Commercialization Program (PCP) Fund is offered by BIRAC, a government body. As a government-backed grant, it is publicly funded and open to eligible startups across India. You can verify current details and timelines on the provider's official website before applying.

The selection process involves multiple stages. First, all submitted online proposals undergo a preliminary screening to check eligibility—especially incorporation status, Indian shareholding, and TRL level. Shortlisted applications then proceed to a rigorous technical and financial assessment by an expert committee of biotechnology specialists, industry veterans, and financial analysts. They evaluate the innovation's potential, market viability, scalability, and the strength of the commercialization plan. Top contenders may be invited for a presentation or interview to elaborate on their proposal and address queries. Final selection is based on overall merit, aiming to identify startups with the highest potential for successful commercialization and national impact.

Before you apply to BIRAC Product Commercialization Program (PCP) Fund, keep the following documents ready:

• A pitch deck or short business plan describing the problem, product and traction
• Company registration documents and PAN
• Founder identification (PAN / Aadhaar) and brief profiles
• Recent financial statements or projections
• Product details — a demo, prototype or working link if available

Exact requirements are confirmed on the official application portal — treat this as a preparation checklist.