A competition to promote bio-entrepreneurs with societal impact ideas

Organized by BREC, a joint Entrepreneurship Centre of BIRAC and C-CAMP, the National BioEntrepreneurship Competition is open to aspiring entrepreneurs, startups, and enterprises across India

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New Delhi: The National BioEntrepreneurship Competition, a national platform to attract, identify, and nurture bio-entrepreneurs with path-breaking ideas for societal impact, was launched on 16th of August by Mr Y S Chowdary, Minister of State, Science and Technology, Government of India in the presence of Prof.VijayRaghavan, Secretary, Department of Biotechnology (DBT), Government of India, and Dr Renu Swarup, Senior Advisor, DBT, and Managing Director, Biotechnology Industry Research Assistance Council (BIRAC).

Speaking at the event, Prof VijayRaghavan, Secretary, DBT, Government of India said, “I am thrilled to be at the launch of the National Bio Entrepreneurship Competition by BIRAC and C-CAMP. India’s biotech entrepreneurship can go into exponential growth if further bold support and policies to engines of innovation like this are put in place. This is happening. It is vital to set goals to be achieved by 2022 and work towards them. Initiatives which are anchored with Government support and private partnership will flourish and I am delighted that C-CAMP has been able to bring in both these for the National Bio Entrepreneurship Competition.”

Dr Renu Swarup, Senior Advisor, DBT, and Managing Director, BIRAC, said on the occasion, “We are delighted that BIRAC Regional Entrepreneurship Centre- BREC at C-CAMP has launched the National Bio Entrepreneurship Competition. This will usher a multiplier effect on the biotech innovation ecosystem and encourage biotech start-ups to move to the next level. We thank all the partners who are contributing to this award.”

BREC PIC 2In his video address, Mr Y S Chowdary mentioned,“I am happy that BIRAC and C-CAMP have initiated this very important mission. The National Bio Entrepreneurship Competition will bring to the forefront biotech ideas from all across our country that can potentially address the healthcare, agriculture, food, nutrition and environmental challenges we face. I look forward to see this being an annual celebration of bio-entrepreneurship.”

Dr Satya Prakash Dash, Head SPED, BIRAC, speaking at the launch event said, “The National Bio Entrepreneurship Competition has come at an optimal time when we are in midst of a transformational change in the Indian biotech start-up culture. This award will propel and quicken the transformation.”

Dr Taslimarif Saiyed, CEO and Director C-CAMP, said, “We are delighted that the Hon’ble Minister launched this event today in the presence of DBT secretary and Dr.Swarup. We are excited to attract and work with the best entrepreneurial talent across the country towards addressing societal challenges. We are extremely thankful to DBT and BIRAC for their continued support.”

The National Bio Entrepreneurship Competition, organized by BREC – a joint Entrepreneurship Centre of BIRAC and C-CAMP, is open to aspiring entrepreneurs, start-ups, and enterprises across India.

The applications can be accessed at the competition’s website (click here). Selected participants get to attend a 3-day residential Entrepreneurship Development boot camp at C-CAMP, Bengaluru, which will train them to formulate, develop and commercialize their ideas. The entrepreneurs with the best ideas stand to win investment opportunity up to USD $100,000, grand cash prize of INR 10 lakhs for different category winners, business acceleration, mentoring, and access to seed funding.

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