How does "SBIRI" assist businesses?

The Small Business Innovation Research Initiative (SBIRI) scheme of the Department of Biotechnology, Ministry of Science & Technology, was launched in 2005 to boost Public-Private- Partnership (PPP) efforts in the country.

How does "SBIRI" assist businesses?

The Small Business Innovation Research Initiative (SBIRI) scheme of the Department of Biotechnology, Ministry of Science and Technology, was introduced in 2005 to advance national public-private partnership (PPP) initiatives. SBIRI was the first early-stage, innovation-focused PPP project of its kind in the biotechnology sector. In terms of developing new products and processes and bringing them to market, the launch of SBIRI has served as an enabling platform for the target firms. By bringing together the private sector, public institutions, and the government under one roof, it has made it easier for small and medium-sized businesses to take risks and for innovation to flourish in the Indian biotech sector. The initiatives funded by the scheme have produced notable results, including some items that have already hit the market and several promising research leads that are beginning to show signs of commercialization.

Objective Of The Scheme: 

To promote the industry's early-stage, pre-proof-of-concept biotechnology research 

fostering emerging indigenous innovations, particularly those that address social needs in healthcare, food and nutrition, agriculture, and other fields 

To support new businesses in forming effective connections with academia and government, to foster and mentor creative and developing technologies and entrepreneurs, 

Who Is Eligible to Apply: 

The proposals can be submitted only by a company formed in accordance with the 2013 Companies Act

LLPs were formed in accordance with the Limited Liability Partnership Act of 2008. 

Any of the aforementioned entities may form a company or LLP and form joint ventures with additional private or public partners (universities or institutes). 

INDUSTRY ELIGIBILITY CRITERIA: 

Persons of Indian Origin (PIO) and Overseas Citizenship of India (OCI) holders are not considered Indian citizens and are not required to possess a minimum of 51% of the shares of the company. 

Indian citizens must make up at least half of the individuals listed as partners in the LLP paperwork. 

In order to address the project execution components (which will be assessed during the site visit), participating companies should either have enough internal resources or be incubated at one of the accredited incubation facilities. 

Request for Proposals: 

There are three calls for proposals in a year. 

15th February – 31st March

15th June – 31st July

15th October – 30th November

Relevant Documents To Download:

1. SBIRI - Complete Scheme Document

2. Funding Guidelines

3. Format - Board Resolution

4. Format - No Lien Account Letter

5. Format - Project Completion Report

6. Letter of Authorization

7. CA or CS Certificate for Shareholding

Format - Grant-In-Aid Letter Agreement

(I) Company Only receiving funds from BIRAC

(II) Company+Institute_Only Company receiving Funds from BIRAC