Home India The IIT Roorkee has opened a bio-incubator for research and product development.

The IIT Roorkee has opened a bio-incubator for research and product development.

The IIT Roorkee has opened a bio-incubator for research and product development.

Launched by the Indian Institute of Technology (IIT) in Roorkee, the bio incubator will help new businesses start up quickly. People who want help from the Bio-Incubator can come here. Use its labs to do research and make products that can be sold. It has world-class labs.

Key Highlight:

  • The Bio-Incubator was set up by the Indian Institute of Technology (IIT) Roorkee.
  • It helps students, researchers, and entrepreneurs research and make products that can be sold.
  • The Bio-Incubator has spent about Rs 2 Crore to buy world-class equipment and build labs.
  • The Bio-Incubator will help any entrepreneur in the area, especially those who live near IIT Roorkee in the North Zone.
  • It has world-class labs.

The Bio Incubator was set up by the Indian Institute of Technology (IIT) Roorkee to help students, researchers, and entrepreneurs research and make products that can be sold. The Bio-Incubator helps life sciences, healthcare, and Biotechnology-based inventions get ready to be sold. Students and entrepreneurs can use its world-class labs to research and make products that make money.

IIT Roorkee says that the Technology Innovation & Development of Entrepreneurship Support (TIDES) Bio-Incubator has been given a grant of Rs 3.92 Crore over three years. This is part of the Bio-NEST (Bio-Incubator Nurturing Entrepreneurial for Scaling Technologies) scheme, which was set up by the Department of Biotechnology (DBT), the government of India.

“The Bio-Incubator has spent about Rs 2 Crore to buy world-class equipment and build labs. The Bio-Incubator plans to spend more money to make the environment healthy and inviting for businesses to thrive. Bio-Incubator will help any entrepreneur in the area, especially those who live near IIT Roorkee in the North Zone. “It talks about IIT Roorkee.

Students who want to start businesses in life sciences will be able to use this facility. Professor Ajit K Chaturvedi, Director of IIT Roorkee, said, “Growth in healthcare and biotechnology is critical for our country’s progress.” It will be possible for young entrepreneurs to freely explore and develop viable products at this Bio-Incubator, which will help them start businesses and help India grow.

TIDES CEO Azam Ali Khan said that this decade is “the decade for start-ups in healthcare and life sciences” and that it’s essential for people to start businesses in these fields. This “bio incubation facility” is going to help and promote “multidisciplinary research that comes together to make commercially viable products for affordable healthcare solutions.”

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