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Inauguration of BioNEST facility held in Udupi - 4 min read

BioNEST inauguration, Udupi
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Udupi: The Bioincubators Nurturing Entrepreneurship for Scaling Technologies (BioNEST) facility, which is supported by the Department of Biotechnology’s Biotechnology Industry Research Assistance Council (BIRAC), was inaugurated on Saturday April 30 at Manipal – Government of Karnataka Bioincubator (Technology Business Incubator of Manipal Academy of Higher Education (MAHE) by Dr. Ranjan R. Pai, Chairman of Manipal Education and Medical Group (MEMG), Bengaluru, Dr. Manish Diwan, DGM and Head of Strategy Partnership & Entrepreneurship Development, BIRAC, New Delhi, Dr. H. S. Ballal, Pro-Chancellor, MAHE, Manipal, Vice Chancellor, Lt. Gen. (Dr.) M. D. Venkatesh, MAHE  along with other MAHE Officials.

BIRAC is a not-for-profit Section 8, Schedule B, Public Sector Enterprise, the set up by the Department of Biotechnology (DBT), Government of India as an Interface Agency to strengthen and empower the emerging Biotech enterprise to undertake strategic research and innovation, addressing nationally relevant product development needs.

BioNEST is a dedicated scheme of BIRAC that supports the creation of globally competent bio incubation facilities across the country. BioNEST scheme supports specialised incubation centres to cater to Biotech entrepreneurs, startups with access to relevant instruments, mentorship, access to experts, angels, venture capitals and IP and regulatory guidance. This scheme is also aligned with the National mission programmes such as Startup India and Make in India. Through the BioNEST scheme, BIRAC has supported specialised 64 bioincubators in 18 states with the cumulative area of over 7,00,000 sq. ft. The 64 bio incubators are placed either within academic/research Institutes, medical hospitals, Biotech clusters or as stand‐alone incubators that are supported through private, Central or State Governments.

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BioNEST Incubation facility at MAHE, promotes technology innovations for the development of knowledge-based enterprise with successful business models.  Bioincubator provides the world class faculties, infrastructure and services for the incubation of the startups in various domains of the biopharma, biomedical devices, dental innovation, biotechnology, healthcare and diagnostics.

Bioincubator programmes are open for all innovators across the globe and have various flexible incubation programmes such as pre-Incubation, co-incubation, virtual incubation and full-time incubation programs for proof of concept, testing, validation, trials and commercial operation.

Inaugurated BionEST facility of 10 000 sq. ft. located at the heart of MAHE, Manipal, consist of dedicated and shared laboratories, offices, well equipped instrumentation like Electronics Testing Facility, FAB Labs, Microfluidic Lab, Class 100 Clean Room, Co-working Space, Office Spaces Board Room, Meeting Rooms, Cafeteria and other amenities for the start-ups. In addition, Manipal Academy of Higher Education (MAHE) also support incubates with access to Central Equipment Facilities, Mentors and Experts. BioNEST provide various services in technology management, IP management, technology transfer, business plan development, prototype development, refinement, grants support assistance and market evaluation of the innovative technology ideas. BioNEST-Manipal-GoK Bioincubator strives to provide facilitate to network of professional service providers for accounting, IP, legal, corporate, regulatory and other management expertise based on the incubate requirements.

Speaking on the occasion, Dr. Ranjan Pai mentioned that Manipal is the land of entrepreneurs and the new BioNEST facility at MAHE supported by BIRAC will go a long way in promoting entrepreneurship in this region in the coming years.

Dr. Manish Diwan said, “BIRAC is India’s leading flagship scheme to promote startups, entrepreneurs and industry. BIRAC supports the development of globally competitive, innovative products and technologies, and considering the Manipal’s dedicated support, I am sure that BioNEST facility at MAHE will attain greater heights.”

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Dr. H. S. Ballal, Pro Chancellor said, “I am pleased to note that BioNEST facility of BIRAC, Government of India, is now established at MAHE, Manipal.  Along with the previously established Manipal-Government of Karnataka Bioincubator, this new endeavour is a feather in the cap to promote start-ups and entrepreneurship”

Lt. Gen. (Dr.) M. D. Venkatesh, Vice Chancellor, mentioned that “MAHE with breadth of specialized programs is an ideal place to groom and grow entrepreneurs, and towards this, the innovation ecosystem is in place at Manipal.  These include Technology Business Incubator and Innovation Centre.  In the Biotechnology innovation landscape, BioNEST facility by BIRAC at MAHE, Manipal, will immensely enhance interdisciplinary startups along with Manipal-Government of Karnataka Bioincubator and we are committed to promoting innovation and entrepreneurship for the public at large.”

CEO of Bioincubator Dr. Manesh Thomas highlighted that BIRAC support strengthens the ecosystem, and they were able to add more facilities to incubates. “Our current capacity has increased to 54 start-ups with the addition of BioNEST. Through various programs of BIRAC currently 16 start-ups are benefitted,” he added.

BIRAC BioNEST is established at first floor MAHE Advanced Research Centre Manipal-Government of Karnataka Bioincubator.

 

Media Release

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