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Biotechnology Innovation Fund – Accelerating Entrepreneurs (AcE)

Department of Biotechnology (DBT) / BIRAC

Startup-level investment varies; fund operates through selected AIFs· Scaling

What is this?

BIRAC equity fund-of-funds to accelerate biotech enterprises through SEBI-registered daughter funds.

Who can apply?

High-potential biotech startups and SMEs seeking institutional venture capital.

Full application depth isn't covered here — this scheme is designed for DPIIT-recognised startups or larger deep-tech/incubator-led ventures, not a typical PMEGP-scale micro-enterprise. See the official link below for eligibility and how to apply.

Common questions

Answers from this page only — not legal or financing advice.

What is AcE?

BIRAC equity fund-of-funds to accelerate biotech enterprises through SEBI-registered daughter funds.

Who is this scheme typically for?

High-potential biotech startups and SMEs seeking institutional venture capital.

Does FoundersOffice guarantee approval under this scheme?

No. Scheme pages here are advisory summaries for discovery. Eligibility, amounts, and process change — confirm on the official nodal ministry or scheme portal before applying.

Is FoundersOffice a government site?

No. FoundersOffice Idea Browser is an independent discovery and briefing tool — not affiliated with the Government of India, MSME, KVIC, DIC, or any bank. Nothing here is a sanction, loan offer, or guarantee of subsidy.

Disclaimer: Costs and sample reports are published by PMEGP / MSME authorities. FoundersOffice Idea Browser is an independent discovery and briefing tool — not affiliated with the Government of India, MSME, KVIC, DIC, or any bank. Nothing here is a sanction, loan offer, or guarantee of subsidy. Heuristics and future scores are advisory; verify on the official portal before applying.

Source: “Playbook of Government Schemes and Initiatives for Startups” (Govt of India, June 2026) · verify against the official scheme source before relying on this for a filing.