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National Bio Entrepreneurship Competition; Grant & Prizes Worth Rs. 74 Lakhs: Submit by Sep 16: Expired

National Bio Entrepreneurship Competition
‘The National Bio Entrepreneurship Competition’ is a nationwide competition inviting path breaking, revolutionary and scalable business ideas in the Life Sciences domain spanning:

  • Healthcare including drug discovery and development, vaccines, diagnostics, medical devices, digital health, healthcare IT, regenerative medicine
  • Agri-biotech including food, nutraceuticals, soil health, plant-based therapeutics
  • Animal health
  • Industrial biotech including clean and renewable energy.

The National Bio Entrepreneurship Competition is organised by BREC – a joint entrepreneurship development centre of BIRAC and C-CAMP.
Eligibility Criteria:

  • Aspiring entrepreneurs, biotech companies, and start-ups
  • Applicant should be a citizen of India
  • If the Applicant is a Company – the company should be registered in India and majority ownership should be Indian
  • Idea should have a biotech element/component
  • Biotech includes: healthcare including drug discovery and development, vaccines, diagnostics, medical devices, regenerative medicine; agri-biotech including food, nutraceuticals, soil health, plant-based therapeutics; animal health; industrial biotech including clean and renewable energy

Important Dates:

  • Applications open: August 16, 2017
  • Applications close: September 16, 2017
  • Boot camp: December 13 – 15, 2017
  • Grand finale (pitching and awards): December 16, 2017

Format of the Competition:

  • Round 1

‘The National Bio Entrepreneurship Competition’ campaign will reach out to aspiring entrepreneurs, start-ups and established companies across India. A ‘Call for Applications’ will be announced through various media.
Applicants will have to apply online in the prescribed format. A Panel of Experts from industry, academia and investor community will review the proposals and shortlist the top 50 – 75 business ideas.

  • Round 2

The shortlisted applicants will be invited to make a presentation to a Jury.  These will be held in 3 or 4 cities across the country.  The Jury will select the Top 20 business ideas in this round.

  • Round 3

The Top 20 selected contestants and up to 2 team members will attend a 3-day residential Entrepreneurship Development boot camp at C-CAMP, Bengaluru, which will train them to formulate, develop and commercialize their ideas.
At the end of the boot camp, the contestants will make their Business Plan presentation before a Grand Jury which will select the winners of the National Bio Entrepreneurship Competition.
Award:

  • Investment opportunity up to USD $100,000 for the winner(s)
  • Grand cash prize of INR 10 lakhs for different category winners
  • Business Acceleration
  • Mentorship
  • Access to seed funding
  • Confirmed participation in ‘Meet the Investor Series’

To contact the organizers, visit this link.

For more details, please visit this link.

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