FITT IIT Delhi – BIRAC LEAP Fund for Biotech & MedTech Startups — Frequently Asked Questions
Answers to the questions founders most often ask about FITT IIT Delhi – BIRAC LEAP Fund for Biotech & MedTech Startups — who qualifies, the funding amount, required documents and how the application works.
Frequently asked questions
How much funding is offered?
Up to ₹70 lakh in equity-linked investment.
What is the application deadline?
The deadline is 20 April 2026.
Who is eligible to apply?
Private Limited Companies in biotech, healthcare, diagnostics, biopharma, bioprinting, personalized medicine, or tissue engineering that have a novel, IP-driven product and are past early-stage validation.
Are service-based or pure IT startups eligible?
No, service-based or pure IT businesses are not eligible. The program requires novel product development with IP.
Does the program take equity?
Yes, the funding is equity-linked, meaning the program takes a stake in your startup.
Is DPIIT or MSME registration required?
The provided information does not specify a requirement for DPIIT or MSME registration.
What documents are typically needed?
The application process involves an initial screening, detailed evaluation of technology and IP, assessment of market potential and team capabilities, and possibly a pitch/demo. Specific documents are not listed but likely include business plans, tech descriptions, and incorporation papers.
How do I apply?
Submit your application through FITT’s official online portal at https://accubate.fitt-iitd.in/ext/form/23438/1/apply.
Can a startup that previously received LEAP funding from another incubator apply?
No, startups that have already received LEAP funding from any incubator are not eligible.
What kind of mentorship does the program provide?
Selected startups receive mentorship from academicians, clinicians, and industry experts, covering areas such as regulatory compliance, clinical validation, IP strategy, and business model development.
Who offers FITT IIT Delhi – BIRAC LEAP Fund for Biotech & MedTech Startups?
FITT IIT Delhi – BIRAC LEAP Fund for Biotech & MedTech Startups is offered by FITT, IIT Delhi, an academic institution. It is provided as an investment.
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