Startup Incubation

Goa gets ‘BITS BIRAC BioNEST’ Incubator for Startups & Entrepreneurs in Healthcare and Environment Sector

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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 3 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.

Notably, this is second new incubator in the state that is being launched within a month, as earlier this month an another incubator called Forum for Innovation Incubation Research and Entrepreneurship (FiiRE) was launched at Don Bosco College of Engineering, a Goa University affiliated institute established in 1970.

BITS Pilani, Goa campus has called entrepreneurs, investors, engineers and scientists to be a part of the network and participate in innovative thinking and help create forward-looking startups.

Any student, individual and budding entrepreneurs who need a nurturing environment to help bring their idea or product to market and for industries that need a platform for trying new processes or technologies.

Source – Times of India

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Suman Chaudhary
An engineer by education and writer by profession, Suman keeps tab on startup ecosystem of India and leads the research team of IndiaWeb2 for covering funding deals, merger & acquisition and market reports.

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