BCIL was incorporated as public limited company in 1990 under the Indian Companies Act 1956. It is promoted by the Department of Biotechnology, Government of India and financed by the All India Financial Institutions. BCIL has been actively involved in technology transfer, project consultancy, fund syndication, information dissemination, and manpower training & placement related to biotechnology over the last decade and half. It has assisted hundreds of clients including scientists, technologies, research institutions, universities, first entrepreneurs, the corporate sector, national and international organizations, central government, various state governments, banks and financial institutions.