Biotechnology Industry Partnership Programme (BIPP)
An Advanced Futuristic Technology Programme (ATS) to support Discovery and Innovation in Industry
The Government approved launching of a new scheme on Biotechnology Industry Partnership Programme (BIPP) - An Advanced Technology Scheme (ATS), envisaged as a government partnership programme with industries for support on cost sharing basis for high risk discovery and innovation, accelerated technology development specially for futuristic areas.
This new scheme will be one of the most enabling mechanisms to promote biotech industry R&D and public private partnership programmes. The scheme provides for a government contribution of 30-50% to the industry for discovery linked innovation. Under this advanced technology scheme, support would be provided only for futuristic areas, transformational technology and product development for public good.
Grant in aid support would also be provided for evaluation and validation of biotechnology products that are based on indigenous discovery and innovation. The scheme will support major research facilities and platform technology centers as core facilities that are readily accessible to SME’s and public sector scientists.