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