IKP Knowledge Park is a 200-acre premier Science Park and Incubator in Hyderabad and Bangalore, India. It is set up with the mission to create a world-class ecosystem for fostering leading-edge innovation in the country. IKP promotes the advancement of technology-based innovators, entrepreneurs and small and large companies through customized space, shared equipment, incubation, mentorship, and funding. IKP has so far supported over 220 companies from seven countries, 80% of which are startups.IKP Knowledge Park launched its Grants Management Programme in 2011 and conducts Grand Challengesand other innovation scouting programmes in partnership with the Bill & Melinda Gates Foundation, USAID, DFID, BIRAC, DBT, NSTEDB, DST and the Government of Karnataka.The Biotechnology Industry Research Assistance Council (BIRAC), in partnership with IKP, set up the BIRAC Regional Innovation Centre (BRIC) in 2013 to further BIRAC's mandate of building a deeper understanding of the capacity and gaps in innovation, commercialisation and technology absorption ecosystems, and developing targeted programmes.