BIRAC has collaborated with SRISTI (Society for Research and Initiatives for Sustainable Technologies and Institutions), a non-profit organization, for promoting grass root level innovations at the university/college level among the students. BIRAC has constituted BIRAC-SRISTI GYTI Awards, in partnership with SRISTI to select 15 entrepreneurial ideas at the university level from across India which then would be nurtured for 2 years in-situ with a grant of INR 15 lakhs. Also, INR 1 lakh will be given to 100 young innovators to take their innovations to next level. The objective is to inculcate the sense of entrepreneurship among the young students who can be motivated to take their innovations to commercial level.
The MoU has been signed for co-operation and it is proposed to have a Project Management Unit (PMU) at SRISTI, which will manage the programme.