National Bio Entrepreneurship Competition 2018 for Indian Entrepreneurs and and Start-ups (Up to $200,000)

 

Deadline: September 30, 2018

Applications are open for the National Bio Entrepreneurship Competition
(NBEC) 2018. The National Bio Entrepreneurship Competition is a
nationwide competition inviting path breaking revolutionary and scalable
business ideas in the life science/biotechnology domain.

The best ideas will win exciting awards which include investment
opportunities totaling USD $200,000 , total cash prizes of INR Rs. 38
lakh, mentoring by industry and investment experts, and winners will be
eligible for AWS Activate programme worth USD $25,000 Activate Credits.


Areas
  * Healthcare including drug discovery and development, vaccines,
    regenerative medicine, diagnostics, medical devices, digital health,
    healthcare IT

  * Agri-biotech  including food and nutraceuticals, soil health, and
    plant based therapeutics

  *Animal health

  * Industrial biotech* including clean and renewable energy, water,
    and waste management

 Award

  * Total investment opportunity up to USD $200,000 for the winners
  * Cash prizes totaling INR 38 lakh in various categories
  * Winners eligible for AWS Activate programme worth USD $25,000
    Activate Credits
  * Mentorship by industry experts and investors
  * Visibility and recognition to catapult winners on the national platform

 Eligibility
 
  * Aspiring entrepreneurs, biotech companies, and start-ups
  * Applicant should be a citizen of india
  * If the applicant is a company, the company should be registered in
    india and majority ownership should be Indian
  * Idea should have a deep science based biotech element/component
  * Biotech includes: healthcare including drug discovery and
    development, vaccines, regenerative medicine, diagnostics, medical
    devices, digital health, healthcare IT; agri-biotech including food
    and nutraceuticals, soil health, plant based therapeutics; animal
    health; industrial biotech including clean and renewable energy,
    water, and waste management
 

Selection Criteria
 
   Round 1: The applications will be screened for clarity of
    articulation, whether the idea has deep science based biotechnology
    component, and whether the idea is predominantly an academic
    research idea as opposed to a business idea. Following this, the
    applications will be reviewed for scientific and technical strength,
    societal impact, and business potential of the idea. A review panel
    comprising experts from academia, industry, and investor community
    will review the applications.

   Round 2: Applicants that are selected for this round will make a
    pitch to a Jury. The evaluation criteria will be novelty of the
    idea, value proposition, business model, implementation plan, team
    strength, and quality of the presentation.

    Round 3: Applicants selected for this round will attend a 2-day
    residential boot camp and intense mentoring sessions. At the end of
    the boot camp the participants will pitch to a Grand Jury and will
    be evaluated for path breaking novelty quotient, business potential,
    and societal impact.






 Application
 
   Round 1: NBEC campaign will reach out to aspiring entrepreneurs,
    start-ups, and established companies across India. A ‘Call for
    Applications’ will be announced through various media. Applicants
    will have to apply online in the prescribed format. A panel of
    experts from industry academia and investor community will review
    the proposals and shortlist the top 100 – 150 business ideas.

    Round 2:  The shortlisted applicants will be invited to make a
    presentation to a Jury. These presentations will be held in 4 or 5
    cities across the country. The jury will select the top 20 – 40
    business ideas in this round.

   Round 3: The selected applicants will attend a residential
    entrepreneurship development boot camp and intense mentoring
    sessions over 2 days at C-CAMP, Bengaluru. At the end of the boot
    camp, the finalists will make their business plan presentation
    before a Grand Jury, which will select the winners of NBEC.

Click here to apply

For more information, visit National Bio Entrepreneurship Competition