Biotechnology Industry Research Assistance Council (BIRAC)
Status: recurring. BIRAC scheme funding the establishment and strengthening of bio-incubators to provide biotech startups with physical infrastructure, specialized equipment, business/legal/IP mentorship and networking. Funding is grant-in-aid for capital and operational expenses provided to the incubator, not directly to individual startups. BIRAC has supported 73 bio-incubators covering over 1 million sq. ft. of incubation space.