BITS BIRAC BioNEST Incubator for Startups and Entrepreneurs in Healthcare and Environment to be established in Goa
- by Team ABLE - 02 Jan, 2019
BITS Pilani, K K Birla Goa Campus and Biotechnology Industry Research Assistance Council (BIRAC), a Public Sector Enterprise of government of India’s department of biotechnology (DBT) have come together to launch ‘BITS BIRAC BioNEST Lab’, a state-of-the-art startup incubator facility.
BITS BIRAC BioNEST Lab, which will act as Incubator as well as Innovation Lab, has been set up with funding of Rs 3 crore from DBT and will be will be opened on January 3rd by Goa University vice-chancellor Varun Sahni and Director of BITS Pilani, K K Birla Goa Campus G Raghurama.
The 3,500 sq ft facility will focus on helping startups in the health and environment sectors to find innovative solutions to issues in these areas. The start-ups will be assisted by the lab by providing them with equipment, space and support facilities to test their ideas and prototype in the lab, before taking it to the market.
The lab will focus on health and environment startups that can create products which will not only have great market potential, but also provide a solution to several pressing problems of the modern-day.
Incubation support includes work benches and equipment, office space and common infrastructure, legal & IPR services, mentorship and training, sample testing and analysis, and consultancy.
The 3,500 sq ft facility will focus on helping startups in the health and environment sectors to find innovative solutions to issues in these areas.