Department of Biotechnology (DBT) / BIRAC

Biotechnology Innovation Fund – Accelerating Entrepreneurs (AcE)

EQUITYSTARTUP-SPECIFIC

Stage: Growth / scaling
Indicative amount: Via daughter funds (2x BIRAC commitment)

What it is for

An equity fund-of-funds helping biotech entrepreneurs survive the 'valley of death' between proof-of-concept and institutional VC interest.

Who can apply

High-potential biotech startups/SMEs seeking institutional VC, accessed indirectly through SEBI-registered AcE daughter funds.

What you get

Equity investment via a daughter fund — amount depends on the fund and deal.

How to apply

Approach a SEBI-registered daughter fund operating under the AcE Fund.

Best suited for

A biotech startup that's proven its concept and ready for real institutional VC.

Official links

BIRAC — AcE Fund https://birac.nic.in/aceFundNew.php

Summarised from official sources, last reviewed 2026-09-07. Amounts and eligibility are indicative — always confirm against the live scheme guideline before acting.