BIRAC SEED Fund is a grant from BIRAC for post-PoC biotech startups applying through one of BIRAC's designated SEED Fund Partner BioNEST incubators. It provides Up to Rs 30 lakh equity investment per startup, for post-PoC biotech startup equity funding. Applications are open on a rolling basis.
Key facts
| Amount / benefit | Up to Rs 30 lakh equity investment per startup |
|---|---|
| Provider | BIRAC |
| Where | Pan-India |
| Stage | Prototype |
| Sector | Post-PoC biotech startup equity funding |
| Deadline | Rolling / always open |
What is BIRAC SEED Fund?
SEED Fund provides the first equity exposure of up to Rs 30 lakh in capital assistance to post-proof-of-concept biotech startups with new and meritorious ideas, technologies and innovations. It bridges the gap between promoter investment and Angel/Venture funding. The scheme is implemented through selected BioNEST incubators, which receive grant-in-aid of Rs 200 lakh per cycle to deploy into biotech startups. It is run by BIRAC.
This is equity funding — the investor (often through a fund) takes a stake in your company in exchange for capital, rather than lending or granting money. You give up some ownership; you don’t repay it like a loan. The amount and form of support that actually apply to you depend on the programme’s rules and how your application is assessed — they are not fixed for every applicant.
It is aimed at businesses in post-poc biotech startup equity funding. Like most government programmes, it has its own eligibility conditions, documentation and application window, and these terms are revised from time to time. Because of that, it is worth confirming the current eligibility, amount and deadline on the official programme page before you invest time in applying.
Who is eligible for BIRAC SEED Fund?
Post-PoC biotech startups applying through one of BIRAC's designated SEED Fund Partner BioNEST incubators.
How much does BIRAC SEED Fund give, and in what form?
Up to Rs 30 lakh equity investment per startup.
Frequently asked questions
What kind of support is this?
This is equity funding — the investor (often through a fund) takes a stake in your company in exchange for capital, rather than lending or granting money. You give up some ownership; you don’t repay it like a loan.
Who runs this programme?
BIRAC SEED Fund is offered by BIRAC. Eligibility and approval rest with them; the criteria and amounts are set by the programme.
Is there a deadline to apply?
Programmes like this can be rolling or time-bound. Confirm the current window on the official programme page before you apply.
How do I know if I’m eligible?
Read “Who can apply” above for the programme’s own criteria. If you’d like a quick read on your specific case, our free 2-minute eligibility check maps your stage, sector and revenue to what you can realistically claim.
Related programmes
Browse similar grant programmes. CapEasy handles this under Fundraising advisory.
Source and verification
No official page is linked for this programme yet. Verification date pending. Government programmes change — confirm current eligibility, amounts and deadlines on the official programme page before you apply. CapEasy is a private consultancy and is not affiliated with any government authority.