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24/04/22 08:19 AM IST

CSIR-IIIM’s BioNEST-Bioincubator

In News 
  • Union Minister Dr Jitendra Singh inaugurates CSIR-IIIM’s BioNEST-Bioincubator in Jammu aimed at providing alternative sources of livelihood to thousands of youth in the region.
BioNEST-Bioincubator
  • Bio-NEST was launched by Biotechnology Industry Research Assistance Council (BIRAC) to foster the biotech innovation ecosystem in the country.
  • Unlike Start-ups in the IT sector, enterprising ideas in the biotech sector need incubation support of a different kind where they need a landing space to test their ideas, run their operations, have access to high end instrumentations and locate in a place where they connect with other start-ups and mentors.
  • Bio-NEST program provides support to establish bio-incubators either as a standalone entity or as a part of academia.
  • 64 Start-Ups have already registered with CSIR-IIIM Jammu and a fresh impetus has been given to promote Start-Up as an alternative source of livelihood, with financial, technical and logistic support being provided by Union Ministry of Science & Technology through its different agencies and departments. 
Source-PIB 

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