Biotechnology Entrepreneurship Student Teams -2013

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If you wanted to start a venture in the field of “biotechnology” then its a golden opportunity for you.

Association of Biotechnology Led Enterprises (ABLE) with Deportment of Biotechnology, GOI is here with the fifth edition of BEST INDIA 2013.

This is the much awaited forum for young B.E./B.Tech, postgraduate and doctoral students of the life sciences to realise their entrepreneurial dreams.

What you have to do?

Form a team of five members with a nominated team leader. Submit a Concept Note with your big idea!. A jury will judge your submission for scientific temper, innovation and commercialization potential. Twenty of the best ideas will be short listed.

The top twenty teams get to attend a high quality Entrepreneurship Workshop that familiarises members with aspects involved in starting a venture such as Business Plan, Intellectual Property & Patenting Strategies, Funding and Financing.

Methodology:
Each team will submit a Concept Note based on which a Panel will screen the applications and shortlist 20 teams. These 20 teams will attend a fully paid for high quality Entrepreneurship Workshop that will familiarize them on matters related to starting a business venture like Business Plans, IP & Patenting Strategies, Raising Finance, Business Strategies ,HR Practices and Communication Skills.
At the end of the Workshop, each team will develop a business plan based on their Concept and learning from the Workshop and make a ten minute power point presentation to the Jury. The Jury will evaluate and critique each of the business plans and identify 5 winning teams.
Winning team with the best business plan will receive Rs. 5,00,000/- as first prize. There will be two second prizes Rs. 3,00,000/- each and two third prizes Rs. 2,00,000/- each.
The winning teams will also begiven an opportunity to attend and present their business plans at ABLE’s Annual BioInvest Conference. BioInvest is ABLE’s flagship conference that brings together on one platform Life Science Companies, Institutional Investors and Investment Bankers to explore opportunities for investment.

Eligibility:
pplicants must be students who are currently pursuing their masters (including 5 year integrated post graduate degree), doctoral degree, BE or B.Tech courses, 4yr BSc. Agri programme and other four year professional courses in the area of life sciences (bioscience/ biotechnology and/or related subjects) from Indian universities/Institutes.

Team should

-Have minimum of 5 members
-At least two members in the team of five should have Lifescience background. In case where all the 5 team members are pursuing masters in other discipline/s (say Management), minimum two members should hold a life science undergraduate degree.
-Each team will submit only one entry. A participant can be a member of only one team.

Core biotechnology disciplines under which Proposals will be invited include Agriculture, Aquaculture, Alternate Energy/Bio-energy, Biological Applications, Bioprocess Engineering, Drug discovery & Development, Environment, Food, Human Resource Development, Medical, Medical Diagnostics, Medical devices, Medical Therapeutics, Nanobiology/Nanobiotechnology, and Vaccines.

The proposals could be either for product, service or an application.

Important: The proposals will be screened stringently for plagiarism. If plagiarism is found at any given stage of the programme, the team will be debarred & the head of the institution will be notified.

How can we send these Proposals and is there a deadline?
The Proposal has to be uploaded on www.ableindia.in. The deadline for uploading the Proposal is July 20th, 2013, 5.00 pm. Only the proposals submitted online will be accepted. All other modes of submission will be disqualified.

For more details:
Brinda R: brinda@ableindia.org

Priyanka A: priyanka@ableindia.org

Website:
http://www.best2013.ableindia.in

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Mohit Bansal(23) is B.Tech in Electronics and Communication Engineering from Indian School of Mines, Dhanbad, India. He has interest in business and entrepreneurship and has published couple of research articles. He is also associated with various NGOs. He is with Techaloo when it was just in concept stage. The Techaloo site was not existing even then. Currently Mohit is working with Mu Sigma as a Business Analyst Profile.

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