Government announced 75 collaborative grants worth INR 10-15 crore for biotech startups & academia

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Minister of State (MoS) for Science and Technology Jitendra Singh announced 75 ‘Amrit’ grants for collaborative biotech initiatives involving startups, industry, academia and research bodies.

“75 inter-disciplinary, multi-institutional grants would be supported for high-risk, ambitious research ideas, milestone-driven collaborative research in all domain-specific areas of the biotech sector,” Singh explained. The minister went on to say that startups, along with other stakeholders, will be able to form teams in a public-private partnership (PPP) mode and receive grants of INR 10-15 Cr over a two to three-year period for high-quality research. The grants will be available for research in areas such as health, agribiotech, climate change, synthetic biology, and sustainable bioresource management, with the goal of addressing “national priorities to propel India as a global leader” in biotechnology.

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Sreejit Kumar
Sreejit Kumar
Hi, I'm Sreejit Kumar, a journalist with a Master's degree in Journalism. Through my education and professional experience, I have developed a keen eye for detail and a passion for uncovering the truth. As an author for this news website, I am committed to delivering accurate, timely, and engaging stories that inform and entertain our readers.

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Government announced 75 collaborative grants worth INR 10-15 crore for biotech startups & academia

Minister of State (MoS) for Science and Technology Jitendra Singh announced 75 ‘Amrit’ grants for collaborative biotech initiatives involving startups, industry, academia and research bodies.

“75 inter-disciplinary, multi-institutional grants would be supported for high-risk, ambitious research ideas, milestone-driven collaborative research in all domain-specific areas of the biotech sector,” Singh explained. The minister went on to say that startups, along with other stakeholders, will be able to form teams in a public-private partnership (PPP) mode and receive grants of INR 10-15 Cr over a two to three-year period for high-quality research. The grants will be available for research in areas such as health, agribiotech, climate change, synthetic biology, and sustainable bioresource management, with the goal of addressing “national priorities to propel India as a global leader” in biotechnology.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Sreejit Kumar
Sreejit Kumar
Hi, I'm Sreejit Kumar, a journalist with a Master's degree in Journalism. Through my education and professional experience, I have developed a keen eye for detail and a passion for uncovering the truth. As an author for this news website, I am committed to delivering accurate, timely, and engaging stories that inform and entertain our readers.

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