Union Government launches BIRAC AcE
Fund to accelerate growth of entrepreneurs in Biotechnology
Union Government launched Biotechnology
Industry Research Assistance Council (BIRAC) AcE Fund to accelerate growth of
entrepreneurs in Biotechnology. It was announced by Minister of State (MoS) for
Science and Technology (S&T) and Earth Sciences Y.S. Chowdary on the
occasion of the third foundation day of BIRAC in New Delhi. The BIRAC AcE Fund
aims to address the pressing needs of accelerating the growth of entrepreneurs,
in the field of Biotechnology. This equity fund will be operated by BIRAC a
Public Sector Undertaking (PSU) under the aegis Department of Biotechnology
(DBT) of Union Ministry of Science and Technology.
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