C-CAMP kicks off flagship startup investment initiative ‘TiE India Angels’

Centre for Cellular and Molecular Platforms (C-CAMP) in India has inked a Memorandum of Understanding (MoU) with TiE India Angels (TIA), an initiative of TiE global, represented through TiE India Foundation, to kick off an ambitious entrepreneurship cum technology transfer initiative, C-CAMP Lab Ventures. C-CAMP Lab Ventures aims to transfer C-CAMP’s formidable portfolio of cutting-edge, market-ready and translated technologies to select early-stage or aspiring bio entrepreneurs against a significant investment funding of up to Rs 100 lakh annually from TIA. Under its mandate to foster bio sciences research and innovation in India, C-CAMP has an established translational research programme, the Discovery to Innovation Accelerator (DIA) which through validation, derisking and licensing, bridges exciting scientific discoveries to mature technologies with strong commercial and impact potential. The DIA portfolio has several key technologies in the areas of Healthcare, Agriculture and Environment ready for commercialisation. Through C-CAMP Lab Ventures, this portfolio will be up for grabs by seasoned startups, entrepreneurs across India as well as aspiring bio entrepreneurs from diverse backgrounds like management, engineering, clinical & other domains. Selected entrepreneurs from this programme will receive seed funding by TIA as well as hand holding and mentorship by C-CAMP to increase their chances of success as bio-businesses.