FUNDING & STARTUP SUPPORT
BIRAC SEED Fund
Equity-based support
Programme overview
The Sustainable Entrepreneurship and Enterprise Development fund bridges the gap between a proven biotech concept and readiness for further investment.
Eligibility and conditions
- Indian company with at least 51% Indian-citizen shareholding, excluding OCI/PIO for this requirement.
- Two to seven years since inception; biotechnology or life-science focus; ready for KIIT-TBI incubation.
- Previous grant or investment, a validated proof of concept and a defined scale-up / market-entry plan.
- A credible path to revenue within 24 months after funding.
What support is offered?
- Final prototypes, scale-up, validation studies and gap funding.
- Patent work, market research, consultancy and business or supply-chain development.
Application and selection
Prepare incorporation and shareholding records, previous-funding details, proof-of-concept evidence, a pitch and a costed commercialisation plan. The investment committee sets the final terms and documentation.
Speak to the programme team
Ask KIIT-TBI for the current call and application route. A listing here does not indicate that applications are open.
Programme details adapted from MTIF’s linked KIIT-TBI BIRAC SEED Fund information. Campus 11, KIIT-DU, Bhubaneswar, Odisha 751024.
Information checked on 26 September 2026. Awards depend on the current call, assessment and scheme terms.