BIRAC calls on R&D units for discovery and early stage innovations
Updated: Oct 15, 2015 03:32:39pm
New Delhi, Oct 15 (KNN) In order to support start-ups, SME’s and other biotech companies on cost sharing basis, the Biotechnology Industry Research Assistance Council (BIRAC) has called for proposals from R&D units under Small Business Innovation Research Initiatives (SBIRI) scheme.
The aim is to nurture and mentor innovative and emerging technologies and entrepreneurs, to assist new enterprises to forge appropriate linkages with academia and government; to create opportunities for starting new technology-based or knowledge-based businesses by science entrepreneurs and to stimulate technological innovations.
Key features of the call included an advanced technology scheme for high risk, transformational technology/ process development from proof-of-concept to validation leading to high value product commercialization and support new and futuristic technology development with major social bearing but uncertain market driven demand.
BIRAC, a public sector undertaking, of Department of Biotechnology, Ministry of Science and Technology has been set up to nurture the biotech innovation ecosystem, support start-ups and SME’s for innovation research and promote affordable product development through public-private partnership. (KNN Bureau)
The aim is to nurture and mentor innovative and emerging technologies and entrepreneurs, to assist new enterprises to forge appropriate linkages with academia and government; to create opportunities for starting new technology-based or knowledge-based businesses by science entrepreneurs and to stimulate technological innovations.
Key features of the call included an advanced technology scheme for high risk, transformational technology/ process development from proof-of-concept to validation leading to high value product commercialization and support new and futuristic technology development with major social bearing but uncertain market driven demand.
BIRAC, a public sector undertaking, of Department of Biotechnology, Ministry of Science and Technology has been set up to nurture the biotech innovation ecosystem, support start-ups and SME’s for innovation research and promote affordable product development through public-private partnership. (KNN Bureau)
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