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BIG Process Flow Annexure A1

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Page 1: BIG Process Flow Annexure A1. Call for Proposals Opens Call for Proposals Closes BIG Partners assigned proposals to review Preliminary screening by BIG

BIG Process Flow Annexure A1

Page 2: BIG Process Flow Annexure A1. Call for Proposals Opens Call for Proposals Closes BIG Partners assigned proposals to review Preliminary screening by BIG

Call for Proposals Opens

Call for Proposals Closes

BIG Partners assigned proposals

to review

Preliminary screening by BIG

Partner

BIG Partner requests reviewers

to evaluate

Proposal not eligible

1 Jan 1 July

~ 14 Feb ~14 August

Application processSlide 1 of 4

• Basic eligibility• Topics relevant to biotech/biomed• POC project for tech vs. basic

research

Page 3: BIG Process Flow Annexure A1. Call for Proposals Opens Call for Proposals Closes BIG Partners assigned proposals to review Preliminary screening by BIG

Receipt of reviewers comments

BIRAC screening

BIRAC shortlists applicants for

presentation to TEP in Delhi

Proposal not eligible

Proposal recommended to

BIRAC2 pos/ 2; 2 pos/3

Proposal not eligible

2 neg/ 22 neg/ 3

Application processSlide 2 of 4

• Novelty or unmet need• Technical feasibility of idea; do-

ability; any prelim indication that it might work

• Can the team deliver? Technical capability. Project mgmt experience

• Potential to create IP or existing IP; Estimate of FTO based on reviewer’s experience.

• Can the project achieve impt goals in 18 months and Rs 50 lakhs? Are budget and timelines realistic?

• Does the topic fit within scope of BIG?

• Does BIRAC concur with reviewer’s comments?

• Some prior art search is reqd?

1 April 1 Sept

Page 4: BIG Process Flow Annexure A1. Call for Proposals Opens Call for Proposals Closes BIG Partners assigned proposals to review Preliminary screening by BIG

Presentation in Delhi to TEP.

Decision by ESC

Due diligence by BIG Partner; site

visit; detailed discussion

BIG Partner provides due

diligence report to BIRAC

Proposal not eligible

In principle approval decision by ESC

Proposal not

selected

~ 15 May ~ 15 Oct

~ 1 June ~1 Nov

~ 1 July ~1 Dec

Delays possible here if applicant needs time

to produce documents

Application processSlide 3 of 4

• Novelty or unmet need• Technical feasibility of idea• Technical credibility of PI• Proposal budget/timelines realistic

• Company legal and financial documents

• Project milestones/budgets; quotes

• Commitment of incubator• Adequacy of facility available• Tech transfer agreement;

scientific support contracts

Page 5: BIG Process Flow Annexure A1. Call for Proposals Opens Call for Proposals Closes BIG Partners assigned proposals to review Preliminary screening by BIG

BIRAC does final review

Agreement signed between Grantee and BIG Partner

First installment released by BIG

Partner.BIG Project can

begin.

BIRAC okays final terms and signing of

agreement by BIG Partner

Proposal not

selected

~ 1 Aug ~ 1 Jan

~ 1 Sept ~1 Mar

Application processSlide 4 of 4

• All scheme requirements met

Page 6: BIG Process Flow Annexure A1. Call for Proposals Opens Call for Proposals Closes BIG Partners assigned proposals to review Preliminary screening by BIG

Project Review and Monitoring

Page 7: BIG Process Flow Annexure A1. Call for Proposals Opens Call for Proposals Closes BIG Partners assigned proposals to review Preliminary screening by BIG

First installment

Next installment released

Monitoring PhaseSlide 1 of 1

Milestone “N” (Targets met!)+

Utilization certificate

Final Milestone (Targets met!)+

Utilization certificate

Last installment (~5%) (after end of project)

BIG Partner• All capex projected was

purchased; set-up and working; logs maintained; insurance taken; AMC

• Sufficient staff engaged formally in project; all hiring against formal contracts

• Proper accounts maintained• Project mgmt and business

mentoring if asked/required

Project Reviewing Committee• Whether milestones met?• Consider requests for moving

timelines or milestone targets?• Provide inputs to BIRAC on

changes requiring BIRAC decisions. Ex – any budget changes.

• Technical mentoring