BIRAC SEED Fund (Sustainable Entrepreneurship And Enterprise Development)
बिराक सीड फंड
Open continuously
No deadline — apply whenever you are ready.
First equity exposure of up to INR 30 lakhs per post-Proof-of-Concept startup. The money is deployed by selected BioNEST incubators, which receive grant-in-aid of INR 200 lakhs per cycle from BIRAC to invest in biotech startups. Positioned as a bridge between promoter's investment and Angel/Venture investment.
Biotechnology Industry Research Assistance Council (BIRAC), Department of Biotechnology (DBT), Government of India
public · national
Deadline: rolling — Startups avail SEED Fund through one of the 16 listed BIRAC SEED Fund Partner incubators; each partner runs its own intake. No central call schedule is published on the BIRAC SEED Fund page.
This funder does not publish a success rate. We rank it using the rate observed across similar programmes and label it as an estimate rather than implying we know.
Major bid — written case, budget, possibly partners.
Who can apply
- Sectors: health, deeptech
- Stage: pre_seed, seed
- R&D activity required
- Locally registered entity required
For post-PoC biotech / life sciences startups. Investment is made by the partner BioNEST incubator, not by BIRAC directly, and takes equity. DPIIT recognition is not stated as a prerequisite on the official SEED Fund page.
How to apply
- Read the BIRAC Incubator SEED Fund guidelines. — link
- Identify and approach one of BIRAC's SEED Fund Partner BioNEST incubators (e.g. C-CAMP, IKP, Venture Center, SINE IIT Bombay, KIIT-TBI, riidl, FITT, VIT-TBI). — link
- Apply to that incubator; the incubator conducts due diligence and makes the equity investment decision.
What you will need
- Evidence of completed Proof of Concept
- Business plan and financial projections
- Certificate of Incorporation and cap table
Source. https://www.birac.nic.in/seedFundNew.php — checked 2026-08-14
"SEED Fund is the first equity exposure of up to INR 30 lakhs providing Capital assistance to post PoC Startups with new and meritorious ideas, innovations and technologies. ... The scheme is implemented through selected BioNEST Incubators who as BIRAC's SEED Fund partners receive grant-in-aid suppor"