On July 07, 2013, the signing of the agreement between BIRAC and Regional Centre Biotechnology (RCB) took place on behalf of national capital region (NCR) Bio-Cluster. The agreement was signed by Dr Renu Swarup, managing director, BIRAC and Dr Dinaker Salunke, director RCB in the presence of Dr K Vijay Raghavan, secretary DBT and Dr M K Bhan, former secretary, DBT. At signing ceremony the directors of the NCR Bio-Cluster and other eminent scientists from DBT, National Institute of Immunology (NII), Translational Health Institute (THSTI), National Brain Research Centre (NBRC), and National Institute of Plant Geome Research (NIPGR) were also present.

This step of Biotechnology Industry Research Assistance Council (BIRAC) has been for establishing a new world class bio-incubator in the department of biotecnology (DBT) Bioclusters at NCR, Faridabad. This will be important to foster techno entrepreneurship in biotechnology at national level,

This BIRAC Bio-incubator will focus on the medical devices, Bbopharma- vaccines and diagnostics, industrial biotechnology. The Bio-incubator will provide the incubation space and other required services for entrepreneurs and start-up companies for their initial growth.