5th edition of NBEC 2021 brings opportunities worth Rs 8.5 Cr

Dr Renu Swarup, Secretary, Department of Biotechnology, Government of India recently announced the launch of the fifth edition of the National Bio Entrepreneurship Competition (NBEC). The competition, now in its fifth year, is a nationwide search for exceptional ideas in the life sciences domain with potential for both social impact and commercial success. NBEC is held by Bengaluru-based Centre for Cellular and Molecular Platforms - C-CAMP every year to attract, identify and nurture deep science-driven business ideas that break new ground in addressing societal challenges. Conducted as a part of BREC – the Biotechnology Industry Research Assistance Council (BIRAC) Regional Entrepreneurship Centre, established at C-CAMP in partnership with BIRAC, NBEC 2021 has in store an unprecedented Rs 8.5 crore in cash prizes and investment opportunities this year for winners. 30+ industry and investment partners have come forward to encourage and support bio-entrepreneurship in India through this competition.