The Biotechnology Ignition Grant (BIG) scheme is for potential entrepreneurs from Academia, start-ups or an Incubate (Researchers, PhDs, Medical degree holders, Biomedical Engg. Graduates) who have an exciting idea which may be in the nascent and planning stage and there is an unmet need for mentorship and initial funding. The Biotechnology Ignition Grant would help to support and nurture these high risk early starters and their concepts.
The main aim of the Scheme:• To establish and validate proof of concept
• To enable creation of spin-offs.
• To enable creation of spin-offs.
Scope & Support:
• BIG is for high level of innovation in the Biotechnology sector.
• BIG scheme supports only up-to Proof-of-Concept stage.
• Funding will be in the form of Grant-in-Aid limited up-to Rs 50 lakh
• The period for the study would not exceed 18 months.
• Funding may also be used for conducting limited market research, patentingcosts, working capital during the period, travel, salary etc.
• BIG is for high level of innovation in the Biotechnology sector.
• BIG scheme supports only up-to Proof-of-Concept stage.
• Funding will be in the form of Grant-in-Aid limited up-to Rs 50 lakh
• The period for the study would not exceed 18 months.
• Funding may also be used for conducting limited market research, patentingcosts, working capital during the period, travel, salary etc.
Who can apply?
Biotechnology start-ups• Registered company incorporated on/after 1st January 2010
• Company should have a functional R&D laboratory
• If the registered company does not have a functional Laboratory of its own, then it should be incubated in an Incubator which has a functional laboratory.
Biotechnology start-ups• Registered company incorporated on/after 1st January 2010
• Company should have a functional R&D laboratory
• If the registered company does not have a functional Laboratory of its own, then it should be incubated in an Incubator which has a functional laboratory.
Entrepreneurs or Potential entrepreneurs from Academia, Research Institute, Or Researchers, PhDs, and Medical degree holders, Biomedical Engg. Graduates Incubated in a Technology Business Incubator with an exciting idea which may be in the nascent and planning stage can apply under this scheme.
How to Apply: Through online
Important Dates:
• Online Proposal Submission opens on: 1st January, 2013.
• Last date for Submission of Proposals: 15th February, 2013 Recruitment details
• Online Proposal Submission opens on: 1st January, 2013.
• Last date for Submission of Proposals: 15th February, 2013 Recruitment details