Product Commercialization Program Fund (PCP Fund)

BIRAC has launched the Product Commercialization Program Fund (PCP Fund) under the BIRAC Product Commercialization Program (PCP). To hasten the market launching and large scale commercialization process of BIRAC supported products/ technologies from Start-ups having high commercial potential or societal impact by providing financial assistance by way of Grant-in-Aid assistance.

Eligibility: Products/Technologies developed by Indian start-ups with BIRAC support through its funding schemes, partnership schemes, through BioNEST incubation, awards or in any other means, or
Products of high national relevance, recognized accordingly by the steering committee, developed by start-ups with support from other sources of funding having Technology Readiness Level (TRL) ≥7 in the BIRAC-TRL scale and are ready for large scale commercialization in the next 6-18 months.

Funding Grant: Maximum duration of support is 24 months. Technical and Financial Due Diligence will be done on case-specific requirements as per BIRAC norms.

Area: Agricultural Sciences, Computer Sciences and Information Technology, Life Sciences & Biotechnology

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

Purpose: Capacity Building

Related links