Catalysing The Growth Of An Innovation Driven Biotech Enterprise Biotechnology Industry Research Assistance Council (A Government of India Enterprise)
About BIRAC A ‘Not for Profit Company’ set up by Department of Biotechnology (DBT), Government of India as an Interface Agency to strengthen and empower the emerging Biotech enterprise to undertake strategic research and innovation, addressing nationally relevant product development needs.
BIRAC’s DNA Vision “To Stimulate, foster and enhance the strategic research and innovation capabilities of the Indian biotech industry, particularly start ups and SME’s, for creation of affordable products addressing the needs of the largest section of society.” Mission “Facilitate and mentor the generation and translation of innovative ideas into biotech products and services by the industry, promote academia – industry collaboration, forge international linkages, encourage techno entrepreneurship and enable creation and sustainability of viable bio enterprises.” Strategies
BIRAC Support to Biotech Ecosystem BIG SBIRI BIPP CRS
BIRAC Support to Biotech Ecosystem BISS SPARSH GCI-I GCI-II
Building Strategic Alliances • BIRAC – DBT – Bill & Melinda Gates Foundation (BMGF) Partnership • For collaborative scientific and technological research to alleviate some of the world’s most critical health and development issues. • Collaboration with Wellcome Trust, UK • Focusing on translation research for safe, effective and affordable healthcare products • Collaboration with CEFIPRA • Emphasizing on technological interventions in red and green biotechnology • Partnership with TEKES • Aiming at promoting cross-border resource mobility for enhancing innovative competitiveness and partnerships Network and partner with like minded organisations to reach out to all its stakeholders and accomplish mission effectively
Performance Snapshot – BIPP and SBIRI Funding and Mentoring • Support to 200 companies • Funding support of ~ USD 225 Mn (100 Mn. GOI, 125 Mn. Company) • Mentoring for ~275 innovative projects Promoting Collaborations Fund Flow Analysis
Assessing the Impact 50 150 11 15 23 1380 Cr.
Stepping-Up the Innovation Ladder BIG SBIRI BIPP CRS