How to Apply for BIRAC Product Commercialization Program (PCP) Fund

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.