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Biotechnology Innovation Fund – Accelerating Entrepreneurs (AcE)

Department of Biotechnology / Biotechnology Industry Research Assistance Council (BIRAC)

The Biotechnology Innovation Fund – Accelerating Entrepreneurs (AcE) provides financial support to biotech startups so they can develop and scale innovative solutions faster and bring them to market. The AcE Fund is a ‘fund of funds’ that aims to partner with fund managers (AcE Fund Partners) and invest in SEBI-registered AIFs (Daughter Funds). AcE Daughter Funds commit investment of 2x BIRAC’s contribution into biotech startups.

📍 India
Who can apply
AcE Fund invests and partners with SEBI-registered Category I and II AIFs in biotech sector. • Startups and SMEs in subsectors such as Healthcare, Life Sciences, Pharma, Biopharma, Med-tech, Diagnostics, Industrial-Biotech, Agri-tech, Bio-IT/Services and allied areas.
How to prepare
Apply on: https://birac.nic.in/aceFund.php
#government#india#startup#scaling
Apply → https://birac.nic.in/webcontent/ace_fund_guidelines.pdf
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