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BIRAC invites proposals for supporting affordable product development under PACE scheme
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Ramesh Shankar, Mumbai
July 28 , 2017
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The Biotechnology Industry Research Assistance Council (BIRAC) has
invited proposals from academic institutes, universities, NGOs and
research foundations for supporting affordable product development
(discovery to commercialisation) under the Promoting Academic Research
Conversion to Enterprise (PACE) scheme.
Under the scheme, BIRAC
supports academia to develop technologies/products (upto proof of
concept stage) of national importance and their subsequent validation
towards commercialization through AIR and CRS schemes. While the
Academic Innovation Research (AIR) scheme aim at development of POC by
academia with or without the involvement of the industry, the Contract
Research Scheme (CRS) aims at validation of prototype/technology by the
industrial partner.
Academic institute, university, NGO, or
research foundation having proper registration/accreditation from a
government body are eligible to apply either alone or in partnership
with academia or industry (while involvement of industry is optional
for AIR scheme, it is mandatory to have an industrial partner for CRS).
Biotechnological
research and development in India is largely carried out by academic
institutions such as universities and research organizations and to
some extent by industry, mostly large companies. By virtue of their
strong infrastructure & technical capability, academic and 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 and support academia to develop technology or product (upto
PoC stage) of societal or national importance and its subsequent
validation by an industrial partner, BIRAC launched the PACE scheme
which has two components--AIR and CRS.
While the objective of
AIR scheme is to promote development of Proof-of-Concept (PoC) for a
process/product by academia with or without the involvement of industry,
CRS aims at validation of a process or prototype (developed by the
academia) by the industrial partner.
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