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Small Business Innovation Research Initiative (SBIRI)

Boosts early-stage public–private partnerships in biotechnology by funding product and process development. Encourages risk-taking, innovation, and commercialization among biotech companies.

Maximum Grant Amount 

10000000

🎯 Eligibility:

1. Companies with ≥51% Indian shareholding or LLPs with ≥50% Indian partners 

2. must have in-house or incubated facilities and Indian academic collaborators.

🌱 Nature of Support

Grant-in-aid + Interest-free loans (mix), supports proof-of-concept to commercialization

📝 Documents Required

Company/LLP registration (51% Indian ownership), detailed project proposal, academic collaborator details (if any)

Grant Type

Grant, Subsidy

Key details

Granting Agency

Ministry of Micro, Small & Medium Enterprises (MSME)Technology, Innovation, R&D

Sector/Focus

HealthTech, Electronics/IOT

Application Window

Rolling basis

Geographic Coverage

All

How to Apply

Online through BIRAC portal

Submit

Last Verified

Dec 2025

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