Startups

BIRAC AcE Fund - Accelerating Entrepreneurs

Biotech start up journey, especially for first time entrepreneurs, is full of hurdles, both technological as well as business related such as business plan and market entry strategies, navigating regulatory hurdles, connecting and pitching to VCs and networking with future stakeholders. There is a greater realisation within the biotech community regarding the importance of focused mentorship which can help accelerate nascent biotech start up. BIRAC is therefore envisaging designing and implementing an equity based fund for supporting entrepreneurs in the valley of death.

Area: Life Sciences & Biotechnology, Medical Sciences

Ministry/Dept: Department of Biotechnology (DBT), Govt of India

Purpose: Capacity Building

Institute Involved: Biotechnology Industry Research Assistance Council (BIRAC)

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