Bio-NEST aims to promote the entire biotechnology innovation ecosystem in India. MAHE’s proposal to BIRAC to augment the facilities by establishing a BioNEST was granted at the existing Manipal-government of Karnataka bio-incubator, supported by Karnataka Innovation and Technology Society of the state government and MAHE, BioNEST facilities are equipped with state-of-the-art instrumentation for innovation and technology development.
BioNESTs are connected with the global network of start-up enablers and funding agencies. Bio-NEST provides incubation space to start-ups and entrepreneurs to test their ideas, run their business operations with access to resources and facilities of MAHE to enable efficient exchange of knowledge as well as to facilitate technical and business mentorship.
The facility established at MAHE can accommodate 30 entrepreneurs at any given time, with world-class faculties, infrastructure and services for the incubation of the start-ups in key domains such as bio-pharma, bio-medical devices, dental innovation, bio-technology, healthcare, and diagnostics. Manipal-GoK Bioincubator, K-tech Innovation Hub will manage BioNEST and this center will extend all possible support to innovators.
The facility will also support start-ups through various schemes and programs as part of policy support from central and state governments. The programs of Manipal-GoK bio-incubator are open to all the innovators across the globe and have various flexible incubation programs such as pre-incubation, co-incubation, virtual incubation and full-time incubation programs for proof of concept, testing, validation, trials and commercial operation.
Dr Manesh Thomas, chief executive officer (CEO) of Manipal–GoK Bio-incubator who will also lead the efforts at the BioNEST said, “Bio-incubator at Manipal-GoK Bio-incubator consists of dedicated and shared laboratories/incubation, well-equipped high-end instrumentation and infrastructure, tissue culture facility, co-working space, dedicated offices, plug and play workstations and class 100 clean rooms.
BioNEST will provide facilities to incubatees with services in technology management, IP management, technology transfer, business plan development, prototype development, refinement, fund/grants support and assistance for market evaluation of the innovative technology ideas. In addition to this, MAHE also supports incubatees with access to central equipment facilities, mentors and medical experts, animal house facilities and so on.
BioNEST facility being established at Manipal – government of Karnataka bio-incubator is a landmark achievement for MAHE and this will cater to entrepreneurs in all aspects seamlessly. This is a great initiative as it is the perfect platform for incubation of start-ups. MAHE has always been at the forefront of fostering entrepreneur culture and BioNEST will foster this culture further, said Dr H S Ballal, pro-chancellor, MAHE.