The Biotechnology Ignition Grant (BIG) is a funding programme for start-ups and individuals instituted by DBT-BIRAC to support novel and innovative technologies with commercialization potential in life sciences.
The grant aims to foster generation of ideas with commercialization potential and encourage entrepreneurship among innovators and researchers. Through this scheme, a grant of up to 50 Lakhs is provided to biotech start-ups and entrepreneurial individuals for a duration of 18 months to help transform innovative ideas and technologies into commercially viable products. BIRAC invites proposals for the BIG scheme twice a year. The BIG Scheme is implemented through BIG Partners across the country.
The purpose of the BIG Scheme is to:
• Foster generation of ideas with strong commercialisation potential
• In 18 Months, establish and validate proof of concept
• Encourage researchers to take technology closer to market through a start up
• Stimulate enterprise formation
C-CAMP has partnered with BIRAC for the Biotechnology Ignition Grant (BIG) Scheme. C-CAMP has been chosen as it has the necessary scientific infrastructure, expertise and high-end platform technology access to nurture early stage inventions through Proof of Concept stage.
Over the last few years, C-CAMP has supported over 150 start-ups through the BIG scheme, and over 100 start-ups through its other activities, including bio-incubation, mentorship and other facilitation. C-CAMP start-ups are currently working in the fields of healthcare and medical devices, drug discovery, molecular biology, transgenic model systems, biomaterials, bioenergy, synthetic biology, upstream & downstream processing, agricultural sciences, nutraceuticals etc. Of the awardees, CCAMP has seen some phenomenal success stories: over 50 startups have received follow on funding, including private investment, to the tune of >500 crores; over 75 patents have been filed; and >15 healthcare/life sciences products are already in the market.
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