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Small Business Innovation Research Initiative-KHOJinINDIA

Small Business Innovation Research Initiative

  • Biotechnology Industry Research Assistance Council (BIRAC)
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    Small Business Innovation Research Initiative (SBIRI)

    Biotechnology Industry Research Assistance Council (BIRAC)


    The Small Business Innovation Research Initiative (SBIRI) scheme of the Department of Biotechnology, Ministry of Science & Technology, was launched in 2005 to boost Public-Private- Partnership (PPP) efforts in the country. SBIRI was the first of its kind, early stage, innovation focused PPP initiative in the area of Biotechnology. Launching of SBIRI has worked as an enabling platform for the target organizations to realize their potential in terms of product and process development and taking them to the market. It has facilitated innovation, risk taking by small and medium companies and bringing together the private industry, public institutions and the government under one roof to promote the research and innovation in the Indian Biotech Sector. The projects supported under the scheme have resulted in prominent outcomes in the form of some products which have already come to the market and some promising research leads seeing ray of hope for commercialization.

     


    • To provide support for early stage, pre-proof-of-concept research in biotechnology by industry                                                                                                                                                                                                                                     
    • To support new indigenous technologies particularly those related to societal needs in the healthcare, food and nutrition, agriculture and other sectors                                                                                                                                                                    
    • To nurture and mentor innovative and emerging technologies/entrepreneurs, to assist new enterprises to forge appropriate linkages with academia and government

    The proposals can be submitted                                                                                                                                                                                                                           

    1. Solely by a Company incorporated under the Companies Act, 2013                                                                                                                                                            
    2. Limited Liability Partnership (LLP) incorporated under the Limited Liability Partnership Act, 2008                                                                                                                                                                                                                        
    3. Joint Ventures either in the form of Company/ LLP by any of the above entities jointly with other private or public partner(s) (Universities or Institutes).

     

    • Minimum 51% of the shares of the Company should be held by Indian Citizens holding Indian passport (Indian Citizens do not include Person of Indian Origin (PIO) and Overseas Citizenship of India (OCI) holders)                                                                                                                                                                                    
    • Minimum half of the persons who subscribed their names to the LLP document as its Partners should be Indian citizens.                                                                                                                                                                                                       
    • Participating companies should have adequate in-house facility to address the project implementation aspects (which shall be evaluated during the site visit)  OR  Incubated with any of the recognized Incubation Facility.
    • Public/private university/colleges in India                                                                                                                                                                                                 
    • National research laboratories                                                                                                                                                                                                                  
    • Not-for-profit private research labs/societies/foundation

    There are three call for proposals in a year.                                                                                                

    • 15th February – 31st March                                                                                                                                                                                                                   
    • 15th June – 31st July                                                                                                                                                                                                                                  
    • 15th October – 30th November

    1. SBIRI - Complete Scheme Document                                                                                                                                                              

    2. Funding Guidelines                                                                                                                                                                                                             

    3. Format - Board Resolution                                                                                                                                                                                                      

    4. Format - No Lien Account Letter                                                                                                                                                                                            

    5. Format - Project Completion Report                                                                                                                                                                                       

    6. Letter of Authorization                                                                                                                                                                                                         

    7. CA or CS Certificate for Shareholding

     (I) Company Only receiving funds from BIRAC                                                                        

     (II) Company+Institute_Only Company receiving Fund from BIRAC

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