FundingSupport amount varies
Equity-free MVP / Prototype Fintech DPIIT
ClosesJun 18, 2026
Closed Equity Funding
BIRAC LEAP Fund at Venture Center
The BIRAC LEAP (Launching Entrepreneurial Driven Affordable Products) Fund at Venture Center is designed to catalyse promising, innovation-led startups and accelerate their journey from lab to market. Hosted by the Entrepreneurship Development Center (Venture Center) under the BIRAC LEAP scheme, the fund aims to support startups in piloting, validation, and commercialization of new and meritorious technologies. The program provides capital assistance of up to Rs. 100 lakh per startup to
Check your readinessShare a few details and an IncorpX advisor will walk you through fit, documents and timelines for this scheme. Free, no obligation.
About this scheme
The BIRAC LEAP (Launching Entrepreneurial Driven Affordable Products) Fund at Venture Center is designed to catalyse promising, innovation-led startups and accelerate their journey from lab to market. Hosted by the Entrepreneurship Development Center (Venture Center) under the BIRAC LEAP scheme, the fund aims to support startups in piloting, validation, and commercialization of new and meritorious technologies.
The program provides capital assistance of up to Rs. 100 lakh per startup to reduce the gestation period for commercialization and enable faster real-world impact. The fund emphasizes biotech, biomed, and science-driven deeptech ventures with strong intellectual property and knowledge components. It prioritizes product-focused enterprises over service-based models.
The fund operates on an equity investment model and encourages co-investment from other investors. Selected startups become part of the Venture Center ecosystem, gaining access to mentors, innovation programs, networks, board-level advisory support, branding opportunities, and guidance for future fundraising rounds.
The initiative is supported by partners including DST-NSTEDB (GoI), BIRAC (GoI), DPIIT/Startup India Seed Fund (GoI), and TDB (GoI).
Who can apply
- Must be an Indian startup with at least 51% ownership by Indian citizens (OCI/PIO not included)
- Must be registered as a private limited company or be in the process of registration
- At least one dedicated entrepreneur must be actively involved in the venture
- Must have a formal business plan
- The venture should be technology/knowledge-driven with strong IP potential
- Must focus on product offerings (not purely service-based models)
- The requested funding amount must be less than Rs. 100 lakh
- Founders must be willing to share equity
- Must meet EHS (Environment, Health & Safety) requirements
- Must demonstrate potential and credibility for raising future investment
- Selected startup must become a resident incubatee at Venture Center at the time of investment
Eligible entity types: Private Limited
Official application
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Applications are submitted directly with Venture Center, in your own name. Share a few details and we will point you to the official application portal and help you prepare a complete submission.
Here is the official application link
Apply in your own name with Venture Center. Want a second pair of eyes before you submit? An IncorpX advisor can help you prepare.
Open the official applicationFrequently asked questions
How much funding does BIRAC LEAP Fund at Venture Center provide?
BIRAC LEAP Fund at Venture Center provides up to Rs. 1 Cr. The exact amount sanctioned depends on the proposal and the evaluation by the program authority.
Is BIRAC LEAP Fund at Venture Center currently accepting applications?
Closed on Feb 27, 2026. Always confirm the current window with the program authority before preparing your application.
Important disclaimer
IncorpX is a private platform operated by a private company. It is not a government department, agency or official portal, and it is not affiliated with, endorsed by, or acting on behalf of any government body or of any organisation, incubator, accelerator, investor or partner listed in this directory. All program names, logos and trademarks are the property of their respective owners and are used for identification only.
This directory is compiled from publicly available official sources and is provided for general information only. It does not constitute legal, financial, tax or professional advice. Funding amounts, eligibility criteria, required documents, deadlines and availability are determined by each program authority and change with every cycle, so the details shown here may be incomplete or out of date. Always confirm the current terms on the official program source before you apply or take any decision.
IncorpX charges no fee for the information in this directory and does not collect, process, lodge or submit any application on your behalf. Applications are made by you, in your own name, directly with the respective program authority. IncorpX provides assistance only for application preparation and for related registrations such as company incorporation, DPIIT recognition, MSME (Udyam) and GST. Eligibility, approval, disbursement and selection rest solely with the respective program authority, and IncorpX makes no representation or guarantee as to any outcome.
Closing soon
View all FundingRs. 30 lakh to Rs. 50 lakh
Equity-free Idea AI, SaaS & Enterprise
ClosesJun 19, 2026
FundingRs. 25 lakh to Rs. 50 lakh
MVP / Prototype
ClosesJun 20, 2026
Perks & credits
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Zoho Partner Benefits
SaaS Tools
Free Zoho Account + Exclusive Discounts
Rolling
Open AI for Startups
AI Tools
$2,500–$5,000+ in API Credits
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Claude API credits
Rolling
Nebin Binoy 
