The University of Hyderabad (UoH) is embarking on setting up of BioNEST (Bio-incubator Nurturing Entrepreneurship for Scaling Technologies), an incubation facility for supporting entrepreneurs in the field of biology and biotechnology, at its premises in Hyderabad.
As a feature of this, the university specialists are soon intending to initiate 2,000 square feet of the bio-incubation facility with the help of Department of Biotechnology and need to make this facility useful for the budding scientists to enable them to change their thoughts into entrepreneurial marvels.
As per University experts, BioNEST will mainly support early stage start-ups and encourage the translation of knowledge base into industry ready products and procedures. Truth be told, this bio-incubation center is aimed at focusing on new and developing technologies that require multidisciplinary contributions to the areas of biology and biotechnology.
The facility is relied upon to bring together high-quality analysts from the university and promising entrepreneurs who will work towards developing solutions in the field of life sciences, biotechnology, healthcare and associated areas.
Prospective entrepreneurs will appreciate access to general facilities and instrument of the incubator and in addition claim to specialty instruments and facilities at the school of life sciences, informed the officials.
The college takes looks at the facility profoundly impacting on innovation and entrepreneurship biological system of the region, and the campus in particular. At present, the University is already having an incubation center, named as Technology Business Incubator, which is aimed at encouraging the entrepreneurs in the field of electronics and Information Technology.
For the inauguration of the BioNEST incubation center, the university officials have welcomed Prof G. Padmanaban, prominent bio-scientist and former director of Indian Institute of Sciences, Bangalore.
Aside from this, Prof. E. Premkumar Reddy, Director of Experimental Cancer Therapeutics, Mount Sinai School of Medicine, New York and Prof Appa Rao, Vice Chancellor of the University of Hyderabad are expected to participate in the program.