Biotechnology Industry Research Assistance Council (BIRAC) is a not-for-profit Section 8, Schedule B, Public Sector Enterprise, set up by Department of Biotechnology (DBT), Government of India as an Interface Agency to strengthen and empower the emerging Biotech enterprise to undertake strategic research and innovation, addressing nationally relevant product development needs.
BIRAC is a industry-academia interface and implements its mandate through a wide range of impact initiatives, be it providing access to risk capital through targeted funding, technology transfer, IP management and handholding schemes that help bring innovation excellence to the biotech firms and make them globally competitive. In its Five years of existence, BIRAC has initiated several schemes, networks and platforms that help to bridge the existing gaps in the industry-academia Innovation research and facilitate novel, high quality affordable products development through cutting edge technologies. BIRAC has initiated partnerships with several national and global partners to collaborate and deliver the salient features of its mandate.
More about DBT-BIRAC: https://birac.nic.in/
Venture Center (officially, Entrepreneurship Development Center) is a non-profit technology business incubator located within an academic organization (CSIR-NCL), which is approved by the Central Government and hence eligible under Section 135, Schedule 7 of the Companies Act 2013. (see item (ix) under Schedule VII) for Corporate Social Responsibility (CSR) Projects.
- Bajaj Auto Ltd. (see www.venturecenter.co.in/csr/bajajauto/ | FY: 2019-20)
- Intox Pvt. Ltd. (see FY: 2017-18 | FY: 2018-19)
- Indus Biotech Pvt. Ltd. (see www.venturecenter.co.in/csr/indusbiotech/)
- International Biotech Park Ltd (IBPL) (see FY: 2017-18 | FY: 2018-19)
- Eppendorf (see www.venturecenter.co.in/csr/eppendorf/)
- LexInnova (see www.ipface.org/lexinnova/)
More about CSR initiatives @ Venture Center: http://www.venturecenter.co.in/csr/
The National Science and Technology Entrepreneurship Development Board (NSTEDB), Department of Science and Technology, Government of India has awarded Venture Center with the status of a NIDHI-CoE (National Initiative for Developing and Harnessing Innovations — Center of Excellence an umbrella programme conceived by DST). This award is accompanied by a grant of Rs. 50 Cr for 5 year duration to help Venture Center scale-up its activities and demonstrate greater success to accommodate more than 100 startups at any time and to upgrade and add new facilities for supporting science and technology based startups. NIDHI-COE is catalyzed and supported by NSTEDB Division, Department of Science and Technology, New Delhi.
For more information, visit: http://nidhicoe.venturecenter.co.in/