Small Business Innovation Research Initiative (SBIRI)

Brief

The Small Business Innovation Research Initiative (SBIRI) scheme of the Department of Biotechnology, Ministry of Science & Technology was launched in 2005 to boost Public-Private- Partnership (PPP) efforts in the country. SBIRI was the first of its kind, early-stage, innovation-focused PPP initiative in the area of Biotechnology. The launching of SBIRI has worked as an enabling platform for the target organizations to realize their potential in terms of product and process development and taking them to the market. It has facilitated innovation, and risk-taking by small and medium companies and brought together the private industry, public institutions, and the government under one roof to promote the research and innovation in the Indian Biotech Sector. The projects supported under the scheme have resulted in prominent outcomes in the form of some products which have already come to the market and some promising research leads seeing a ray of hope for commercialization.

Eligibility

• The proposals can be submitted
• Solely by a Company incorporated under the Companies Act, 2013 or Limited Liability Partnership (LLP) incorporated under the Limited Liability Partnership Act, 2008 or Joint Ventures either in the form of Company/ LLP by any of the above entities jointly with other private or public partners (s) (Universities or Institutes).
• ELIGIBILITY CRITERIA FOR INDUSTRY
• Minimum 51% of the shares of the Company should be held by Indian Citizens holding Indian passports (Indian Citizens do not include Person of Indian Origin (PIO) and Overseas Citizenship of India (OCI) holders) Minimum half of the persons who subscribed their names to the LLP document as its Partners should be Indian citizens. Participating companies should have adequate in-house facilities to address the project implementation aspects (which shall be evaluated during the site visit) OR Incubated with any of the recognized Incubation Facility.
• ELIGIBILITY CRITERIA FOR ACADEMIC COLLABORATOR
• Public/private university/colleges in India
• National research laboratories
• Not-for-profit private research labs/societies/foundation

Fund / quantum

• SBIRI provides grant funding to selected projects, typically ranging from Rs. 25 lakh to Rs. 50 lakh, depending on the project scope and duration. This funding alleviates the financial burden of early-stage R&D, allowing businesses to focus on development and proof-of-concept demonstrations.

Tenure

• Active

Benefit tags

• Infrastructure

• Grant Funding
• Additional Funding Opportunities
• Technical and Business Support
• Mentorship and Guidance
• Access to Infrastructure and Facilities
• Networking Opportunities
• Publicity and Recognition

• The proposals can be submitted

• Solely by a Company incorporated under the Companies Act, 2013 or Limited Liability Partnership (LLP) incorporated under the Limited Liability Partnership Act, 2008 or Joint Ventures either in the form of Company/ LLP by any of the above entities jointly with other private or public partners (s) (Universities or Institutes).

• ELIGIBILITY CRITERIA FOR INDUSTRY

• Minimum 51% of the shares of the Company should be held by Indian Citizens holding Indian passports (Indian Citizens do not include Person of Indian Origin (PIO) and Overseas Citizenship of India (OCI) holders) Minimum half of the persons who subscribed their names to the LLP document as its Partners should be Indian citizens. Participating companies should have adequate in-house facilities to address the project implementation aspects (which shall be evaluated during the site visit) OR Incubated with any of the recognized Incubation Facility.

• ELIGIBILITY CRITERIA FOR ACADEMIC COLLABORATOR

• Public/private university/colleges in India

• National research laboratories

• Not-for-profit private research labs/societies/foundation

• SBIRI provides grant funding to selected projects, typically ranging from Rs. 25 lakh to Rs. 50 lakh, depending on the project scope and duration. This funding alleviates the financial burden of early-stage R&D, allowing businesses to focus on development and proof-of-concept demonstrations.

• Active

Online / portal

Official application / information link: https://birac.nic.in/desc_new.php?id=217

Source listing: https://www.startupindia.gov.in/content/sih/en/government-schemes.html