Department of Biotechnology (DBT) / BIRAC · Part A
LEAP Fund – Launching Entrepreneurial Driven Affordable Products
LEAP
Equity funding above ₹30 lakh and up to ₹1 crore per startup to help biotech startups pilot and commercialise products.
Overview & Objective
Equity funding above ₹30 lakh and up to ₹1 crore per startup to help biotech startups pilot and commercialise products.
Key Benefits & Funding
- Funding support of more than ₹30 lakh and up to ₹1 crore per startup. Startup eligible and suitable for up to the threshold of ₹30 lakh investment support will be considered under SEED fund and not the LEAP fund.
- BioNEST Bioincubators (LEAP fund partners) will be given up to ₹5 crore fund/ partner for investing in potential startup against equity and equity linked instruments.
Eligibility Criteria
- Startups in Biotech/med-tech/life science sectors.
How to Apply
Apply on: https://birac.nic.in/leapFundNew.php