Incubation at IITM Bio-Incubator
A programme by IITM Bioincubator
Lab and office space, mentoring and BIRAC seed-funding access for biotech startups in IIT Madras Research Park.
At a glance
| Best for | Indian biotech startups under three years old |
|---|---|
| Duration | Minimum 15 months |
| Cost | Paid, takes equity |
| Grant support | For selected startups. A place in the programme does not by itself guarantee a grant. |
| Run with | BIRAC, IIT Madras Incubation Cell |
About Incubation at IITM Bio-Incubator
Biotech startups get lab or office space, mentoring and access to BIRAC seed funding inside IIT Madras Research Park. Open to Indian biotech startups under three years old; the company gives equity and pays usage fees.
What you get
- Office cubicles, or lab and office space in Phase II.
- Shared wet lab and analytical equipment in Phase I.
- Mentoring from IIT Madras faculty, matched by domain.
- Legal, accounting, company secretary and patent services from the IIT Madras Incubation Cell.
- Access to seed funding through the BIRAC SEED Fund.
Who can apply
- Biotech startups registered in India, not more than three years old since registration.
- Individual innovators with a promising biotech idea, graduates and faculty, who need a no-objection letter from their college or employer.
How selection works: Applications go to the incubator staff, then to a discussion and to the Screening Committee, which meets every six months. Successful applicants then finalise an agreement with the Incubation Cell.
How to apply: Use the online application form on the incubator's website.