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Biotechnology Industry Research Assistance Council (BIRAC)

Biotechnology Industry Research Assistance Council (BIRAC):

To mark the completion of ten years of setting up of Biotechnology Industry Research Assistance Council (BIRAC), Biotech Startup Expo – 2022 was launched with the theme ‘Biotech Startup Innovations: Towards AatmaNirbhar Bharat.’

  • BIRAC is a not-for-profit Public Sector Enterprise, set up by the Department of Biotechnology (DBT).
  • Objective: To strengthen and empower the emerging Biotech enterprise to undertake strategic research and innovation, addressing nationally relevant product development needs.
  • Functions:
    • Providing access to risk capital through targeted funding.
    • Technology transfer.
    • IP management and handholding schemes that help bring innovation excellence to the biotech firms and make them globally competitive.

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