The Department of Biotechnology (DBT), along with the Biotechnology Industry Research Assistance Council (BIRAC), has announced its participation in the Bharat Innovation Fund.
- The DBT will engage with the Bharat Fund, as part of DBT’s efforts under the Startup India initiative, to help commercialize technologies from its labs and facilities.
- The DBT has announced to invest Rs. 50 crore over the next 3 years to support startups through this Fund.
- Productive innovations from the DBT can make a huge impact in people’s lives, as has been seen in the advances of medicine in recent years.