Advanced Research Translation (ART) Program
A programme by BITS BioCyTiH Foundation
Offers crucial support for translational research up to INR 75,00,000 over 15 months, aiming to expedite the transformation of academic research into viable commercial products and technologies.
About Advanced Research Translation (ART) Program
Applicants must hold a regular position within an academic institute or a government research establishment. The technology/product should be at a mature stage, poised for commercialization, with demonstrable technology and feasibility to meet market requirements. Funding support includes up to INR 75.00 Lakhs for 15 months, covering consumables (maximum 30% of project cost), outsourced services (maximum 30% of project cost), manpower (maximum 25% of project cost), equipment (maximum 5% of project cost), travel (maximum up to ₹50,000), and overhead (maximum 5% of project cost). Key outcome is a deployable technical solution with promise of impact. Ownership of the new intellectual property (IP) will be shared with BITS BioCyTiH foundation (BBF). The technology transfer will be facilitated by BBF, and a mutually agreed fee or royalty will be applicable. In the event of a startup emerging from this project, BBF should be offered equity, and the startups are encouraged to avail of incubation services offered by BBF.