DBT-BIRAC-BISS BioEnterprise Fellowship

Supporting nascent bio-enterprises and budding bio-entrepreneurs


About BioEnterprise Fellowships

The BioEnterprise Fellowship Program is a program of Venture Center's BioIncubator (which is supported by DBT-BIRAC-BioIncubator Support Scheme) that aims to support BioEnterprises through its very early and nascent stages of creation and growth. The program facilitates selected and eligible BioEntrepreneurs with strong business cases/ potential with a staged entry into the bioIncubation program at Venture Center. In particular, this program has been created to facilitate first generation scientists bio-entrepreneurs who need resident facilities to get started, are likely to apply for government grant/support schemes and need mentoring support. (Program was announced on 22 Oct 2012)

Who is it for?

This program is meant for
  • Entrepreneurs creating start-ups in the broad area of biotech, biomed, biomass value addition, bioinformatics etc. Interested entrepreneurs need to have a clear business idea for a start-up.
  • (and) Entrepreneurs at the pre-incorporation stage or within the first few months of company incorporation
  • (and) Entrepreneurs who are yet to raise any third-party funding.
  • (and) Enterprises that can use the BioIncubator/Venture Center's services, resources and networks - in particular, resident services and scientific facilities.

Additional considerations:

  • At this time, the Venture Center is able to only support a limited number of companies under this program at any given time.
  • The Venture Center reserves the rights to refuse any application without providing a reason.

Benefits:

  • The program offers selected Fellows with the following discounts on Venture Center/ BioIncubator Services
Time periodPackaged servicesNotes
0-3 months
  • Eklavya AIP service (First 3 months free for 6 months sign-up)
  • Dedicated resident services (50% discount)
  • Hot labs (50% discount on fee; no discount on deposit) - need basis
  • Rent-an-address service (100% discount on brand fee)
All other rules and guidelines of services need to be followed.
3-6 months
  • Dedicated resident space services (35% discount)
  • Hot labs (35% discount on fee; no discount on deposit) - need basis
  • Rent-an-address service (50% discount on brand fee)
 
6-9 months
  • Dedicated resident space services (20% discount)
  • Hot labs (20% discount on fee; no discount on deposit) - need basis
  • Rent-an-address service (25% discount on brand fee)
 
9+ months
  • Standard terms will apply for all services
 

Terms, conditions and pricing:

  • Click here for detailed Terms, Conditions and Pricing (pdf)
  • Brief terms:
    • Suitable applicants will typically have needs for a lab facility and scientific equipment. Signing up for dedicated resident space services is essential.
    • Applicant has to sign up for the program for a minimum of 6 months at a time
    • Payment terms are 6 months advance payment

Process of applying:

  • Kindly read the Terms and Conditions carefully
  • Fill up the Application Form
  • Attach the following with the application form:
    • Outline of business
    • Non-confidential outline of technology
    • Resume of entrepreneur
  • Submit in person or by post or send scanned copy by email to:
    Pradnya Aradhye
    Venture Center
    100 NCL Innovation Park
    Dr Homi Bhabha (Pashan) Road
    Pune - 411008
    Email: managerincubator@venturecenter.co.in
    Phone: +91-20-6401-1026
  • The Venture Center shall respond to your application within a week with an interim decision on suitability for the scheme. If suitable, the bio-entrepreneur will be asked to make a presentation at Venture Center.
  • The decision of Venture Center management shall be final regarding acceptance into the program.
  • If accepted, the BioEnterprise Fellow has to sign up separately for each of the services he/she wishes to utilize. Venture Center will facilitate this process.


Supported by:
           

Copyright 2012. Venture Center