BIRAC Product Commercialization Program (PCP) Fund
By BIRAC
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By BIRAC
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BIRAC — Biotechnology Industry Research Assistance Council Biotechnology Industry Research Assistance Council (BIRAC) is a not-for-profit, Section 8, Schedule B Public Sector Enterprise established in 2012 by the Department of Biotechnology (DBT), Ministry of Science and…
Learn moreSelection Process
The selection process for the BIRAC Product Commercialization Program (PCP) Fund involves a multi-stage evaluation. Initially, all submitted online proposals undergo a preliminary screening to ensure compliance with the fundamental eligibility criteria, particularly regarding the startup's incorporation status, Indian shareholding, and the product's Technology Readiness Level (TRL 7 or above). Shortlisted applications then proceed to a rigorous technical and financial assessment by an expert committee comprising biotechnology specialists, industry veterans, and financial analysts. This committee evaluates the innovation's potential, market viability, scalability, and the strength of the commercialization plan. Top contenders may be invited for a presentation or interview round to elaborate on their proposals and address any specific queries. The final selection is based on the comprehensive evaluation, aiming to identify startups with the highest potential for successful market commercialization and national impact.
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Follow up
Reach out 5–7 days after submitting to confirm receipt and ask about the review timeline.
Data on this page is compiled from official program and provider references.
The BIRAC PCP Fund aims to support Indian biotechnology startups in bringing their validated products and technologies (TRL 7 and above) to market by accelerating market launch, pilot deployments, and large-scale commercialization efforts, addressing a crucial gap in existing funding schemes.
Indian startups incorporated within the last 10 years from the call's completion are eligible. They must have at least 51% Indian shareholding, certified by CA/CS, with shareholders holding Indian citizenship and a valid Indian passport. The product/technology must be at TRL 7 or above.
No, eligibility for the PCP Fund is not contingent on whether your product was originally developed using funding from other BIRAC schemes. Startups with nationally relevant products at TRL 7 or above can apply regardless of their prior funding source.
Quick Answer
The BIRAC PCP Fund accelerates market launch, pilot validation, and large-scale commercialization for Indian biotech startups with products at Technology Readiness Level (TRL) 7 or above.
The Biotechnology Industry Research Assistance Council (BIRAC), a Section 8 Public Sector Enterprise under the Department of Biotechnology (DBT), Government of India, has established the Product Commercialization Program (PCP) Fund. This initiative is specifically designed to bridge a critical funding gap in the biotechnology innovation ecosystem. While existing BIRAC schemes (such as BIG, BIPP, SBIRI) effectively support product development and extensive validation up to the pre-commercialization stage (TRL 7), the subsequent financial requirements for market preparation, pilot deployments, market validation, and large-scale commercialization often remain unmet.
The PCP Fund addresses this challenge by providing crucial support to Indian biotechnology startups whose products or technologies have successfully achieved TRL 7 or above and are ready for market entry. The program aims to accelerate the transition from successful validation to actual market launch, enabling startups to conduct essential pilot-market validations, scale up production, and execute comprehensive commercialization strategies. This fund is vital for bringing nationally relevant biotech innovations to society, ensuring that groundbreaking research translates into accessible products.
What You Get
The BIRAC Product Commercialization Program (PCP) Fund offers non-dilutive financial assistance to Indian biotech startups. This crucial funding is aimed at accelerating the market launch, supporting pilot-market validation efforts, and facilitating the large-scale commercialization of innovative biotechnology products and technologies. Beyond direct financial aid, selected startups benefit from BIRAC's extensive ecosystem, including strategic guidance, access to vital networks, and support for navigating regulatory pathways, ensuring a smoother transition from laboratory to market.
TRL 7 signifies that a prototype has been demonstrated in an operational environment, meaning the technology is at a stage where it has been tested and validated in a relevant real-world setting, indicating readiness for commercialization.
All proposals must be submitted online through the BIRAC website. Applicants need to register on the BIRAC portal first, after which they can proceed with the online submission process. Detailed instructions and further information are available on the BIRAC website.
Beyond financial grants, startups selected for the PCP Fund benefit from BIRAC's robust ecosystem, which includes access to mentorship, strategic networking opportunities, guidance on regulatory compliance, and market access support, all designed to facilitate successful commercialization.
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