- Solely by an industry; or
- Jointly by Industry and National R&D Organizations and Institutions: or
- Collaborative projects of common interest to the concerned sector/area proposed by a group of industries/users, national research organizations etc.
If the project involves collaboration among two or more partners, the scope of work and responsibilities of each participating establishment in the project should be highlighted. Public Private Partnership is encouraged and all things being equal, this model will be preferred.
- The unit should be registered in India and must fulfill the criteria of Small Business Unit. Here a ‘Small Business Unit’ is defined as an enterprise with not more than 500 employees in R&D.
- The Company should have well established in-house R&D unit recognized by Department of Scientific and Industrial Research (DSIR) or have patent rights (National or International) in the proposed activity.
- The company’s shares should be held to the extent of 51% by the Indian promoters, family and friends and the general public.
- Joint ventures and limited partnerships would be eligible for SBIRI support, provided the entity created meets the above requirements.
In case of projects focused on strategic and critical national needs, the eligibility criteria for a company can be relaxed at the discretion of the Apex Committee of SBIRI.
The scheme covers all areas in biotechnology related to health-care, agriculture, industrial processes and environmental biotechnology, bio-medical devices and instruments, and others.