The Department of Biotechnology (DBT) is an Indian government Department set up in 1986 under the Ministry of Science and Technology facilitating research, capacity-building, technology, and enterprise development in the field of biotechnology in the country. The DBT has 16 autonomous institutes all over the country working on R&D in frontier areas and two public sector undertakings promoting bio-entrepreneurship and commercialization of technologies. During the period May 2014 to August 2023, the DBT has supported 6518 institutes and 2480 NGOs resulting in about 18401 publications and patents over 1044 technologies. In attaining its mission, the DBT actively collaborates with more than 20 countries globally.
BIRAC is a Section 8 "Not-for-profit Company" set up by Department of Biotechnology, under Ministry of Science & Technology, Government of India, as an interface agency to promote Industry-Academia interface. Mandate of BIRAC is to nurture and empower the Biotech Innovation Ecosystem in India. To serve various dimensions, BIRAC operates mainly in 3 verticals i.e. Investment schemes, Entrepreneurship Development & Strategic Partnerships. BIRAC works closely with all partners - National and International to leverage the strength and expertise, mobilize resources and extend the outreach of its activities for innovative affordable product development addressing the unmet need.
Invest India is the National Investment Promotion and Facilitation Agency of India and act as the first point of reference for investors in India.
As the national investment promotion and facilitation agency, Invest India focuses on sector-specific investor targeting and development of new partnerships to enable sustainable investments in India. In addition to a core team that focuses on sustainable investments, Invest India also partners with substantial investment promotion agencies and multilateral organizations. Invest India also actively works with several Indian states to build capacity as well as bring in global best practices in investment targeting, promotion and facilitation areas.
Invest India, set up in 2009, is a non-profit venture under the Department for Promotion of Industry and Internal Trade, Ministry of Commerce and Industry, Government of India.
Our Service Offerings:
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In January 2016, the Government of India launched the "Start-Up India" initiative with the aim of fostering a culture of entrepreneurship and innovation in the country. This ambitious program was introduced to catalyse startup culture and build a strong and inclusive ecosystem for innovation and entrepreneurship, thereby boosting economic growth, job creation, and technological advancement. The Start-Up India initiative represents a pivotal step in India's journey towards becoming a global hub for startups and innovation.
The key pillars of support for Startups under the Startup India Initiative includes,
Funding and Incentives: The initiative offers exemptions from both Income Tax and Capital Gains Tax for startups meeting eligibility criteria. Additionally, it has established a dedicated fund of funds designed to inject more capital into the burgeoning startup ecosystem, along with a credit guarantee scheme.
Incubation and Industry-Academia Partnerships: The Start-Up India program has led to the establishment of numerous incubators and innovation labs, as well as the organization of events, competitions, and grants to foster collaboration between industry and academia.
Simplification and Handholding: The initiative simplifies various aspects of the startup journey, including regulatory compliance. It also introduces a more streamlined exit process for startups that face challenges, provides legal support, expedites patent applications, and offers a user-friendly website to reduce information asymmetry.
Association of Biotechnology Led Enterprises - ABLE is a not-for-profit pan-India forum that represents the Indian Biotechnology Sector. It was launched in April 2003, after industry leaders felt a need to form an exclusive forum to represent the Indian Biotechnology Sector.
ABLE has over 400 members from all across India representing all verticals of the sector like Agribiotech, Bio-pharma, Industrial biotech, Bioinformatics, Investment banks and Venture Capital firms, leading Research and Academic Institutes and Law Firms and Equipment Suppliers.
The primary focus of ABLE is to accelerate the pace of growth of the Biotechnology sector in India, through partnering with the Government in their biotechnology initiatives to deliver optimal policies and create a positive regulatory environment, encouraging entrepreneurship and investment in the sector, providing a platform for domestic and overseas companies to explore collaboration and partnerships, forging stronger links between academia and industry and showcasing the strengths of the Indian biotech sector.
ABLE showcases India’s biotech sector through events like BioEconomy Conclave, Voice for BT public speaking contest, brings out India BioEconomy Report, BioEconomy Reports for states like Karnataka and sets up the India Pavilion at the BIO International event in the USA annually.
ABLE Council of Presidents, that comprises of all past presidents of the organization, provides valuable inputs for the growth of the Biotech business ecosystem, leveraging their multi-sectoral expertise.
ABLE thus catalyses a symbiotic interface between the industry, the government, academic and research institutes, and domestic and international investors.
Established in 1993, the Indian Venture and Alternate Capital Association (IVCA) is a non-profit organization that serves as a prominent apex industry body dedicated to promoting the alternate capital industry and nurturing a thriving investment environment in India. IVCA is resolutely committed to bolstering the ecosystem by advocating regulatory interventions, facilitating constructive dialogues with the Government of India, policymakers, and regulators. This collaborative approach fosters increased entrepreneurial activity, innovation, job creation, and contributes to positioning India as a preeminent fund management hub.
With 310+ members and a combined AUM of over $260 billion, IVCA's esteemed membership comprises the most active domestic and global entities, including VCs, PEs, Infrastructure Funds, Real Estate Funds, Credit Funds, Limited Partners, Investment Companies, Family Offices, Corporate VCs, CAT III Funds, Hedge Funds, and Knowledge Partners. IVCA stands as the sole industry association for private equity and venture capital funds engaged in investments within India, and it is collectively owned by industry members.
TiE is a global not-for-profit organization dedicated to fostering entrepreneurship through mentoring, networking, education, incubation and funding. Dedicated to the virtuous cycle of wealth creation and giving back to the community, TiE’s focus is on generating and nurturing our next generation of entrepreneurs. TiE was founded in 1992 in Silicon Valley by a group of successful entrepreneurs, corporate executives, & senior professionals. There are currently 15,000 members, including over 2,500 charter members, spread across a vast network of 58 Chapters in 14 countries.
Established in 1927, FICCI is the largest and oldest apex business organisation in India. Its history is closely interwoven with India's struggle for independence, its industrialization, and its emergence as one of the most rapidly growing global economies.
Being a non-government, not-for-profit organisation, FICCI is the voice of India's business and industry. From influencing policy to encouraging debate, engaging with policy makers and civil society, FICCI articulates the views and concerns of industry. It serves its members from the Indian private and public corporate sectors and multinational companies, drawing its strength from diverse regional chambers of commerce and industry across states, reaching out to over 2,50,000 companies.
FICCI provides a platform for networking and consensus building within and across sectors and is the first port of call for Indian industry, policy makers and the international business community. FICCI is headquartered in New Delhi and maintains offices in various Indian states and foreign countries.
Teamwork Arts is a highly versatile production company with roots in the performing arts, social action and the corporate world. For over 30 years, Teamwork Arts has taken India to the world and brought the world to India, presenting the finest of Indian performers, writers , change makers and visual artistes in the knowledge and arts space in India and abroad. Every year, we produce over 33 festivals in 42 cities and 17 countries in the fields of performing & visual arts and literature. We produce the world's largest literary gathering: the annual Jaipur Literature Festival; JLF international now travels to the US, UK, Canada, Australia and the Maldives and soon in Europe.
Even amidst the upheaval and unsettling times of 2020 and through 2021, Teamwork Arts successfully launched the digital series, ‘JLF Brave New World’ and ‘Words Are Bridges’, which were viewed by over 4.8 million people in their first season. Through its digital avatar, the Jaipur Literature Festival reached over 27 million viewers in January 2021. Our initiative ‘Art Matters‘ empowers artistes across India to collaborate across genres by commissioning them to create new works thereby effecting change & raising awareness. The digital series ‘Be Inspired’ was launched in 2021 – a series that crystal-gazes into the future with conversations on science, technology, innovation, environment and more.
Global Business Inroads (GBI): GBI is an international business, tech and innovation management platform that is focussed on scaling tech access and deployment for the UNSDGs with a key actions in the biotech, cleantech, and digital sectors. GBI has a global presence with offices in India, Europe (Bulgaria), USA (Maryland) and UK (Cambridge) actively connecting technology companies and innovation ecosystems to new markets across India, Europe, UK, USA, Africa, Asia, LATAM. GBI has experience with scaling tech access and deployment and have developed a network, process and series of international cross border programs and platforms to enable technology companies and technology adopters and their ecosystems (finance, government/policy, incubators, clusters, etc) to drive innovation actions and thereby economic growth.
Facilitating global collaboration to solve global challenges, bringing stakeholders together, opening doors to innovation and new markets will be the driving force in the coming years to deploy solutions faster. GBI collaborates with the public and private sector to bring policy, technology, markets and finance together to address challenges of the world. With several innovative solutions being developed around the world and also needed around the world, GBI aims to scale actions to grow the connectivity to Display, Discover, Develop and Deploy solutions and the platforms to Scan, Scout, Select and Scale solutions.