The BIRAC-BioNEST Incubation Centre, was inaugurated at CSIR-Central Food Technology & Research Institute (CFTRI), Mysuru. It is a premier facility supporting food biotechnology startups. It will provide state-of-the-art incubation infrastructure, mentorship, and regulatory support for innovators in nutraceuticals, probiotics, and precision fermentation. It aims to foster commercialization, with 26 startups supported.
Key Aspects of the BIRAC-BioNEST Incubation Centre at CFTRI:
- Location: Central Food Technological Research Institute (CFTRI), Mysuru, Karnataka
- Focus Areas: Specializes in food processing, biotechnology, nutrition, and agricultural research, targeting areas like precision fermentation, nutraceuticals, and CRISPR.
- Support Offered: Offers specialized incubation space, research infrastructure, scale-up validation, and regulatory guidance to biotech entrepreneurs.
- Partnerships: Fosters collaborations between research institutions and industry to turn scientific innovations into commercial products.
About BioNEST (Bioincubators Nurturing Entrepreneurship for Scaling Technologies)
- It is a scheme by BIRAC (Biotechnology Industry Research Assistance Council), a section 8 company of the Department of Biotechnology, Ministry of Science and Technology.
- Objective: To provide high-quality infrastructure to biotech startups, fostering an ecosystem for innovation and entrepreneurship.
- Reach: BIRAC has supported over 65 bioincubators across India, providing significant space for research and development.