FITT IIT Delhi – BIRAC LEAP Fund for Biotech & MedTech Startups
Under BIRAC LEAP Fund (Leveraging & Accelerating Pharmaceutical Innovations) by FITT, IIT Delhi
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Quick Answer
Up to ₹70L equity funding for biotech & medtech startups
- Funding amount
- Up to ₹70L
- Funding type
- Equity
- Provider
- FITT, IIT Delhi
- Application deadline
- Closed
- Location
- Delhi
- Registrations needed
- Private Limited company registration
Results & next round
Applications for this round closed on 20 April 2026. The organiser has not published a selection list that we can verify yet.
Selections for this programme are announced by FITT, IIT Delhi. Official links are listed under Sources below.
We update this page when results are published, and when the next round opens.
About this funding program
The LEAP Fund is a flagship funding initiative supported by BIRAC and administered through the Foundation for Innovation and Technology Transfer (FITT) at IIT Delhi. It is designed to support high-potential startups operating in the biotechnology and healthcare sectors that have progressed beyond early-stage validation and are preparing for pilot deployment or early commercialization. The program specifically focuses on startups building innovative, IP-driven solutions that address critical unmet needs in healthcare and life sciences.
The fund provides equity-linked investment of up to ₹70 lakh, acting as a crucial bridge between proof-of-concept and market entry. This capital support enables startups to refine their products, conduct validation studies, navigate regulatory pathways, and accelerate commercialization timelines. The structure of the funding ensures alignment with long-term growth, as it is tied to the startup’s equity and future potential rather than being a non-dilutive grant.
In addition to financial support, selected startups gain access to IIT Delhi’s deep innovation ecosystem. This includes co-working spaces and advanced laboratory infrastructure, along with mentorship from experienced academicians, clinicians, and industry experts. Startups also receive guidance on regulatory compliance, clinical validation, intellectual property strategy, and business model development, all of which are critical for healthcare ventures.
Eligibility
See if you're eligible
Full eligibility criteria — entity type, stage, sector, founder profile and registration requirements — plus your fit for this program. Sign up to view.
Funding providers
FITT — the Foundation for Innovation and Technology Transfer — is IIT Delhi's industry interface and the body that runs the institute's startup incubator. It was set up by the IIT Delhi Board of Governors as a registered society on 9 July 1992 and works out of the IIT Delhi…
Learn moreBenefits & Funding
- Amount
- Up to ₹70L
What You Get
The LEAP Fund provides equity-linked investment of up to ₹70 lakh as a bridge between proof-of-concept and market entry for biotech and MedTech startups. The capital supports refining your product, running validation studies, navigating regulatory pathways, and accelerating commercialization timelines. It is dilutive rather than a non-dilutive grant. Beyond the money, selected startups gain access to IIT Delhi’s innovation ecosystem, including co-working spaces, advanced laboratory infrastructure, and mentorship from academicians, clinicians, and industry experts. You also receive guidance on regulatory compliance, clinical validation, intellectual property strategy, and business model development — all critical for healthcare ventures.
How to apply
Four steps from draft to disbursement — one action each.
- 1
Draft your application
Answer the form inside the grant tracker — AI drafts each response using your past answers, so you're not starting from a blank page.
- 2
See the questions before you start
Download every question this programme's application form asks, so you can prepare your answers offline before opening the portal.
- 3
Line up your documents
Keep every document from the checklist ready in one folder. Missing docs are the #1 reason applications get bounced.
- 4
Submit on the official portal
Use the official application link and verify all details before final submission.
- 5
Follow up
Reach out 5–7 days after submitting to confirm receipt and ask about the review timeline.
Sources
Data on this page is compiled from official program and provider references.
