Promoting Academic Research Conversion to Enterprise (PACE)
Biotechnological research and development in India is largely carried out by academic institutions (universities/research organizations) and to some extent by industry (mostly large companies). By virtue of their strong infrastructure & technical capability academic/ research establishments are mandated to research on variety of problems of national importance and societal relevance. Also, unlike industry, research by academia is not governed by commercial gains alone thus allowing them to work on problems involving even high degree of risk.
To encourage/support academia to develop technology/product (up to PoC stage) of societal/ national importance and its subsequent validation by an industrial partner, BIRAC has launched PACE (Promoting Academic Research Conversion to Enterprise).
The scheme has two components as below:
The objective of Academic Innovation Research (AIR) scheme is to promote development of Proof-of-concept (PoC) for a process/product by academia with or without the involvement of industry
ELIGIBILITY CRITERIA FOR ACADEMIC INNOVATION RESEARCH (AIR):
Projects with well-established proof-of-principle leading to development of prototype of a product /technology of national relevance or commercial potential
(Basic/exploratory research, projects without well-established Proof of principle or with no or low commercial potential will not be supported)
Under the scheme, academia (Public or Private Institute, University, NGO, or Research Foundation) having a well-established support system for research shall be the primary applicant. It can apply either:
(On completion, successful AIR projects of national priority or with high commercial potential would be encouraged to apply under CRS)
B. Contract Research Scheme (CRS):
Contract Research Scheme (CRS) aims at validation of a process or prototype (developed by the academia) by the industrial partner
ELIGIBILITY CRITERIA FOR CONTRACT RESEARCH SCHEME (CRS):
Academia must have an established Proof-of-Concept (PoC) as evident by scientific data ready for validation by the industry in contract research mode
2. Who can apply?
Academia has to be the Primary Applicant with one or more partners of which at least one is a company
3. Duration of the project
No time limit
Call for proposals
There are three call for proposals in a year: