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Biotechnology Young Entrepreneur Award

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About This Scheme

The “Biotechnology Young Entrepreneur Award (BYE)” is a programme to promote commercialisation of bioscience ideas among graduate/postgraduate students in Biotechnology and to encourage them to develop biotechnology entrepreneurship. This is an annual competition organized along with a workshop. The participants will then develop a Business Plan which will be judged by a panel of experts.

Benefits

₹1.0 L

The winning teams will be given cash awards by the Kerala Biotechnology Commission.
Cash award for winners - first prize ₹1,00,000/-, second prize ₹50,000/- and third prize ₹25,000/-.
The awardees will be encouraged to establish start-ups through facilitation and support after evaluation and recommendation by an Expert Committee.

Eligibility

Note: You may be eligible based on the information shown. Please verify the official eligibility requirements before applying.

Required Documents

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Identity proof of applicant
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Endorsement certificate
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Educational certificates
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Proposed Business Plan
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Summary of proposed research work
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Consent letter
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Certificate from head of the institution
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Any other document, if required

✦ Required ◦ Optional

How to Apply

OOnline

Applications are invited twice every year during January and June and are to be submitted online when notified. (Application form)

Scrutiny of the Application:

Step 01: An expert panel will evaluate the concept proposals and shortlist 15 teams. These 15 teams will attend a high-quality Entrepreneurship Workshop of 3-4 day’s duration that will familiarize them with matters related to starting a business venture like Business Plans, IP & Patenting Strategies, Raising Finance, Business Strategies and HR Practices, and other aspects of entrepreneurship development.

Step 02: After the workshop, each team may go back, consult among themselves and with their mentor, and develop a business plan based on their concept and learning experience from the workshop within 3 weeks after the workshop.

Step 03: Each team then will have to make a presentation to a panel of Experts. The panel will evaluate each of the business plans and identify three winning teams.

Note 01: The applicants should form a team of five students.

Note 02: At least three members in the team of five should be with a Life Science background and other members can be from disciplines other than life sciences/Biotechnology. The individual team member may or may not be from the same Institute/University.

Note 03: Each team should submit only one entry. A participant can be a member of only one team. Each team has to nominate a member as the team leader and may identify a mentor as a guide.

Note 04: The Proposals need to be submitted in the core areas of biotechnology which include: Agriculture, Aquaculture, Bio-energy, Biologicals and Applications, Bioprocess Engineering, Biosensors, Drug discovery & Development, Environment, Food, Medical Diagnostics/Devices, Nanobiology/Nanobiotechnology, Nutraceuticals, Vaccines and other related areas. The proposals could be either for a product, service or an application.

Note 05: Each team should submit a Concept Note in response to the notification, to the Chairman, Kerala Biotechnology Commission, KSCSTE, Sasthra Bhavan, Pattom, TVPM–4.

Contact Details:

The Advisor Kerala Bio-Technology Commission

Kerala State Council for Science, Technology and Environment (KSCSTE),

Sasthra Bhavan, Pattom, Thiruvananthapuram – 695 004

Telephone: (0471) 2548406, 2548259

E-mail: kbc.kscste@kerala.gov.in

Quick Info

Level: State Government
Max benefit: ₹1.0 L