Kar­nataka grants Rs 25Cr to new ini­tia­tives by C-CAMP

BioSpectrum (India) - - BIO EVENT - Dr Man­beena Chawla man­beena.chawla@mmac­tiv.com

The Cen­tre for Cel­lu­lar and Molec­u­lar Plat­forms (C-CAMP), an ini­tia­tive of Depart­ment of Biotech­nol­ogy (DBT), Min­istry of Sci­ence and Tech­nol­ogy, Gov­ern­ment of In­dia has ini­ti­ated three ma­jor in­no­va­tion pro­grammes for star­tups span­ning the whole gamut of life sci­ences, biotech and agri­cul­ture- 1. The Kar­nataka Startup Ad­vance­ment Pro­gram (K-SAP) BIO 50; 2. K-Tech Agri-In­no­va­tion Cen­tre and 3. K-Tech Tech­nol­ogy Busi­ness In­cu­ba­tor (TBI).

These pro­grammes which have been sup­ported by the Gov­ern­ment of Kar­nataka were for­mally in­au­gu­rated re­cently by K J Ge­orge, Min­is­ter of Large & Medium Scale In­dus­tries, IT, BT & ST, Gov­ern­ment of Kar­nataka and N H Shivashankara Reddy, Min­is­ter of Agri­cul­ture, Gov­ern­ment of Kar­nataka. The pro­grammes are in­tended to pro­vide in­cu­ba­tion, men­tor­ship, knowl­edge-shar­ing and hand­hold­ing sup­port to star­tups at var­i­ous stages of growth and en­sure that their deep-sci­ence in­no­va­tions in the field of life sci­ences in­clud­ing agri­cul­ture, reach the mar­ket.

The state Cabi­net has de­cided to fund the set­ting up of a Cen­tre for Ex­cel­lence in Agri­cul­ture In­no­va­tion. The IT&BT Depart­ment will pro­vide Rs 5 crore, while the agri­cul­ture depart­ment will give Rs 10 crore. K-SAP- Bio 50 has re­ceived a grant worth Rs 4 crore to spur its ini­tia­tives, and the K-Tech Tech­nol­ogy Busi­ness In­cu­ba­tor has re­ceived about Rs 6 crore.

“The sci­en­tists in our coun­try are do­ing a won­der­ful job. The Gov­ern­ment of Kar­nataka is very happy to join hands with C-CAMP which is an ini­tia­tive of Gov­ern­ment of In­dia. We are glad to help you out in your ven­tures and you have our full sup­port”, said K J Ge­orge.

With re­cent sup­port from the Gov­ern­ment of Kar­nataka, C-CAMP has col­lab­o­rated with Univer­sity of Agri­cul­tural Sci­ences (UAS– B), GKVK to iden­tify a space in UAS-B to set up the K-Tech Tech­nol­ogy Busi­ness In­cu­ba­tor for scal­ing up its ef­forts in nur­tur­ing in­no­va­tive life sci­ence and biotech start-ups through in­cu­ba­tion.

At the same time, the K-Tech Agri-In­no­va­tion Cen­tre at C-CAMP will at­tempt to pro­mote deep­science and tech­nol­ogy driven en­trepreneur­ship in the agri-sec­tor, lead­ing to in­no­va­tion, eco­nomic de­vel­op­ment and job cre­ation in the agri­cul­tural do­main. The Cen­tre is en­vi­sioned to iden­tify spe­cific agri-health is­sues through an im­mer­sion pro­gramme, bring in­no­va­tors to­gether to de­velop so­lu­tions for these is­sues and sub­se­quently sup­port and nur­ture them to bring their so­lu­tions to the mar­ket.

“In the agri­cul­tural sys­tem, there are a lot of miss­ing links. Although we are fo­cus­ing on pro­duc­tion we are not giv­ing enough im­por­tance to pro­cess­ing and mar­ket­ing. We need to work on this. C-CAMP as an in­cu­ba­tion cen­tre can pro­vide with few so­lu­tions to ad­dress such prob­lems. There are so many in­no­va­tions hap­pen­ing in In­dia that can be ap­plied in agri­cul­ture”, stated N H Shivashankara Reddy.

“The fu­ture is for new en­ter­prises. En­trepreneurs of to­day are solv­ing cur­rent prob­lems and managing to thrive in a dif­fi­cult but large mar­ket. C-CAMP as an in­sti­tu­tion has been in­stru­men­tal in sup­port­ing such ini­tia­tives” high­lighted Gau­rav Gupta, Prin­ci­pal Sec­re­tary, Depart­ment of IT, BT & S &T, Gov­ern­ment of Kar­nataka.

In line with C-SAP, C-CAMP in as­so­ci­a­tion with Kar­nataka Biotech­nol­ogy and In­for­ma­tion Tech­nol­ogy Ser­vices (KBITS) and Ban­ga­lore Bioin­no­va­tion Cen­tre (BBC) has ini­ti­ated a 1 year eq­uity based men­tor­ship and ca­pac­ity build­ing pro­gram for star­tups based out of Kar­nataka, the Kar­nataka Startup Ad­vance­ment Pro­gram (K-SAP) BIO 50.

“Un­der K-SAP BIO50, C-CAMP will men­tor 50 star­tups over three years to­wards tak­ing them to global stage. TBI will in­cu­bate at least 15-20 star­tups and Agri In­no­va­tion Cen­tre will at least iden­tify 200 un­met needs through Agri Im­mer­sion Pro­gramme”, in­formed Dr Tasli­marif Saiyed, CEO, C-CAMP.

L-R- Dr Tasli­marif Saiyed, CEO, C-CAMP; Prof. Satya­jit Mayor, Board Mem­ber, C-CAMP; Director, NCBS & InStem; K J Ge­orge, Min­is­ter of Large & Medium Scale In­dus­tries, IT, BT & ST, Gov­ern­ment of Kar­nataka; N. H. Shivashankara Reddy, Min­is­ter of Agri­cul­ture, Gov­ern­ment of Kar­nataka; Gau­rav Gupta, Prin­ci­pal Sec­re­tary, Depart­ment of IT, BT & S &T, Gov­ern­ment of Kar­nataka.

Newspapers in English

Newspapers from India

© PressReader. All rights reserved.