BIRAC has collaborated with SRISTI (Society for Research and Initiatives for Sustainable Technologies and Institutions), a non-profit organization based at Ahmedabad, Gujarat for promoting grass root level innovations at the university/college level among the students. For this purpose, BIRAC has constituted two categories of awards:
Funding Grant: BIRAC-SRISTI GYTI Awards: 15 entrepreneurial ideas at the university level are selected from across India every year and nurtured for 2 years in-situ with a grant of INR 15 lakhs.
BIRAC-SRISTI Appreciation Awards: 100 young innovators are awarded INR 1 lakh every year to take their innovations to next level. The objective is to inculcate the sense of entrepreneurship among the young students who can be motivated to take their innovations to commercial level. MoU with SRISTI was signed in 2015 and the awards are managed by a Project Management Unit (PMU) at SRISTI, Ahmedabad.