Launching Entrepreneurial Driven Affordable Products Fund

LEAP provides larger biotech scale-up support through selected BioNEST incubators and partners. Implementation pages show equity-linked support up to ₹1 crore per startup. LEAP is implemented through selected BioNEST incubators, which act as BIRAC's LEAP Fund partners and each receive roughly ₹500 lakh per cycle to deploy as equity-linked support to biotech startups moving from pilot to commercial-scale manufacturing. Because the fund is meant to catalyse follow-on private investment, applicants are generally expected to already have a validated product and be pursuing venture capital rather than seed-stage funding, and eligibility is limited to Indian startups with at least 51% Indian ownership.