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The Scheme Register / LEAP Fund – Launching Entrepreneurial Driven Affordable Products

Department of Biotechnology (DBT) / BIRAC

LEAP Fund – Launching Entrepreneurial Driven Affordable Products

EquityGrowth / Scaling · Market access & IPStartup-specific
Support type
Equity
Best suited for
Commercialisation
How much
Up to ₹1 crore per startup

What is this scheme?

The LEAP Fund supports entrepreneurs in creating affordable, innovative products so more people can access useful technologies while encouraging business growth.

Objectives

LEAP Fund assists potential biotech startups in piloting & commercialising their products & technologies enabling them to raise venture capital investment.

Who can apply (eligibility)

  • Startups in Biotech/med-tech/life science sectors.

What do you get?

  • Funding support of more than ₹30 lakh and up to ₹1 crore per startup. Startup eligible and suitable for up to the threshold of ₹30 lakh investment support will be considered under SEED fund and not the LEAP fund.
  • BioNEST Bioincubators (LEAP fund partners) will be given up to ₹5 crore fund/ partner for investing in potential startup against equity and equity linked instruments.

How to apply

Apply on: https://birac.nic.in/leapFundNew.php