Venture Centre, Pune
Venture Centre is India’s largest inventive enterprises and scientific business incubator. Since January 2012, Venture Centre is host to a BIRAC-supported BioIncubator that supports start-ups working in the areas of biotechnology (biopharma, agrobiotech, industrial biotech, clean technology), biomedical engineering/ devices/ diagnostics, biomass value addition/ renewable fuels/ chemicals/ materials, bioinformatics, bio/medical services and related disciplines. With the launch of Phase 2 of the BioIncubator in May 2017, Venture Centre has a dedicated bioincubation space of over 10,000 sq ft. The Bioincubator is currently home to more than 40 resident bioincubatees, making it India’s largest bioincubator in terms of resident incubatees.
Key Features: Venture Centre’s BioIncubator has played a crucial role in supporting biotech entrepreneurs by providing lab space, centralized high end instrument facilities, and a rich bioinnovation ecosystem that offers mentoring support, intellectual property services, networking opportunities, and much more. The latest addition to the bioinnovation ecosystem is the BIRAC Regional Bioinnovation Centre (BRBC). This joint initiative between Venture Center and BIRAC has been set up with the objective of strengthening and creating networks, services, information and resources to support and promote life sciences and medical technology start-ups across the country. Under the BRBC, the Venture Centre shall be making available to startups an actively curated mentoring network, base camps on specific themes of relevance to startups, a regulatory information and facilitation service (RIFC) and a bioincubation practice school for other incubator managers. The Bioincubator at Venture Centre specialises in the creation and development of life science businesses, and supports the start-ups in many ways:
● The infrastructural resources include dedicated and shared office spaces and expandable spaces and/or labs
(wet or dry). Incubatees also have access to both general lab equipment and high-end analytical and microscopy facilities. Startups at the BioIncubator also benefit from the many prototyping equipment housed in the Tinkering Lab or DSTSupported Prayashala.
● A dedicated team offers mentoring support to startups on various topics: business model, value propositions, intellectual property, company structure, fund raising, technology sourcing, etc. The BioIncubator also organizes mentoring clinics periodically wherein incubatees have the chance for a one-on-one interaction with leading mentors in the country.
● The Intellectual Property facilitation centre provides the lifescience entrepreneurs and start-ups with selected IP related services.