Biotechnology Industry Research Assistance Council (BIRAC)
Biotechnology Industry Research Assistance Council (BIRAC) a Public Sector Section 25 “Not-for-Profit Company” of Government of India, registered under India Companies Act 1956, has been set up as Department of Biotechnology’s interface agency, which serves as a single window for the emerging biotech industries. It was incorporated on 20th March, 2012. BIRAC is guided by an Independent Board of Directors comprising senior professionals, academicians, policy makers and industrialists. BIRAC has been set up with a vision to stimulate, foster and enhance the strategic research and innovation capabilities of the Indian biotech industry particularly SME’s, to make India globally competitive in biotech innovation and entrepreneurship and to create affordable products and services addressing the needs of the largest section of society.
BIRAC has been set up as a separate body for supporting product innovation and providing required infrastructure and services at different stages of the value chain for promoting innovation and product development.
It functions as the Government’s, inter-phase agency for supporting industry –academia interaction, which will service as a single window for the emerging biotech industry through which they can acquire knowledge, access world class R&D infrastructure, access rate limiting serious technologies and seek technical problem solving help and regulatory advice.
It provides funding/investment for:
Discovery, Proof-of-Concept, Early and late stage innovative research and validation and scale up, Small Business Innovation Research Initiative (SBIRI) http://www.birac.nic.in/desc.php?id=21
Biotechnology Industry Partnership Programme (BIPP)http://www.birac.nic.in/programmes.php?prg=bipp and Ignition grant (BIG) http://www.birac.nic.in/programmes.php?prg=big
Contract Research Scheme (CRS) http://www.birac.nic.in/programmes.php?prg=crs
Technology transfer and acquisition in national priority areas
Technology development – incubators
It also provides support services such as IP facilitation, legal and contracts, regulatory and Clinical trial facilitation; mentoring and capacity building.
Fostering innovation in the biotech enterprise requires special emphasis on empowerment of researchers, start-ups and SME’s, for which BIRAC's strategies are:
Foster innovation and entrepreneurship in all places of research
Promote affordable innovation in key social sectors
Higher focus on start ups & small and medium enterprises
Contribute through partners for capability enhancement
Encourage diffusion of innovation through partners
Enable commercialization of discovery
Ensure global competitiveness of Indian enterprises.
For details, please visit BIRAC website http://www.birac.nic.in/