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Promoting Academic Research Conversion to Enterprise (PACE)

About

The aim of this scheme is to encourage/support academia to develop technology / product (up to PoC stage) of societal/ national importance and its subsequent validation by an industrial partner. The scheme has two components: Academic Innovation Research (AIR) and Contract Research Scheme (CRS)

Eligibility Criteria

Academia (Public or Private Institute, University, NGO, or Research Foundation) having a well-established support system for research For Public or Private Institute, University, NGO, or Research Foundation, submission of proper registration/ accreditation from a government body is mandatory like UGC affiliation certification AICTE, CSIR /DSIR/SIRO certificate/Bye laws of society/Trust Deed etc whichever is applicable. Involvement of industry/LLP is optional for AIR Scheme, it is mandatory to have an industrial partner/LLP for CRS For Industry/LLP as collaborator Minimum 51% of the shares of the Company should be held by Indian Citizens holding Indian passport (Indian Citizens do not include Person of Indian Origin (PIO) and Overseas Citizenship of India (OCI) holders) The collaborating Company/LLP should have adequate in-house facility to address the project implementation or incubated with any of the recognized incubation facility.
Funding Organization
Funding Agency
Biotechnology Industry Research Assistance Council, New Delhi
Quick Information
Organisation
Department of Biotechnology (DBT)
Programme Type
Research and Development
Focus Area
Biotechnology
Purpose
Capacity Building
Funding Cycle
Triannual
Duration
Academic Innovation Research (AIR) - 1 YearContract Research Scheme (CRS) - No Limit
Application Method
Online
Status
Active
Disclaimer: Information available on this portal is sourced from various organizations and is provided for informational purposes only. Users are advised to verify details from the respective official sources.
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