Biotechnology Young Entrepreneur Award in Kashipur
BYEA
Kerala Biotechnology Commission (KBC), Kerala State Council for Science, Technology and Environment (KSCSTE)
Guidance for businesses in Kashipur
The "Biotechnology Young Entrepreneur Award (BYE)" is a programme to promote commercialisation of bioscience ideas among graduate/post graduate students in Biotechnology and to encourage them to develop biotechnology entrepreneurship.
At a glance
- First prize
- ₹1,00,000/-
- Second prize
- ₹50,000/-
- Third prize
- ₹25,000/-
- Team size
- 5 students (min. 3 from Life Science)
Benefits
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
- Students who are pursuing post-graduate programmes (including integrated PG degree programmes), doctoral degrees, B.E. or B.Tech. in Biotechnology or in the area of life sciences related to biotechnology (bioinformatics/Molecular biology/microbiology/biochemistry/Genetics and/or related subjects) from universities/Institutes in the State of Kerala are eligible to apply.
Documents required
- Identity proof of applicant
- Endorsement certificate
- Educational certificates
- Proposed Business Plan
- Summary of proposed research work
- Consent letter
- Certificate from head of the institution
- Any other document, if required
How to apply
Applications are invited twice every year (during January and June) and are to be submitted online when notified. Each team should submit a Concept Note to the Chairman, Kerala Biotechnology Commission, KSCSTE, Sasthra Bhavan, Pattom, TVPM–4. Scrutiny of the application: Step 1: An expert panel evaluates the concept proposals and shortlists 15 teams, who attend a high-quality Entrepreneurship Workshop of 3-4 days covering Business Plans, IP & Patenting Strategies, Raising Finance, Business Strategies, HR Practices, and other aspects of entrepreneurship. Step 2: After the workshop, each team develops a business plan within 3 weeks. Step 3: Each team presents to a panel of Experts, who identify three winning teams. Notes: The team should have five students (at least three from a Life Science background; members may be from different institutes). Each team submits only one entry; a participant can be in only one team; each team nominates a team leader and may identify a mentor. Proposals must be in core biotechnology areas (Agriculture, Aquaculture, Bio-energy, Biologicals, Bioprocess Engineering, Biosensors, Drug discovery & Development, Environment, Food, Medical Diagnostics/Devices, Nanobiology/Nanobiotechnology, Nutraceuticals, Vaccines, and related areas) — for a product, service, or application. Contact: The Advisor, Kerala Bio-Technology Commission, KSCSTE, Sasthra Bhavan, Pattom, Thiruvananthapuram – 695 004; Telephone: (0471) 2548406, 2548259; E-mail: [email protected].
About the scheme
The Biotechnology Young Entrepreneur Award (BYE), run by the Kerala Biotechnology Commission (KBC) under KSCSTE, promotes the commercialisation of bioscience ideas among graduate and post-graduate students in biotechnology. It is an annual competition organized alongside an entrepreneurship workshop, in which teams develop a business plan judged by a panel of experts, with cash awards and start-up facilitation for winning teams.
Why it matters
- Cash Awards:
- ₹1,00,000 / ₹50,000 / ₹25,000 for winners.
- Entrepreneurship:
- Encourages biotech start-ups among students.
- Workshop:
- 3-4 day entrepreneurship training.
- Start-up Support:
- Facilitation to establish ventures.
Focus areas
- Bioscience Commercialisation:
- Turning ideas into ventures.
- Student Entrepreneurship:
- Biotech start-ups among students.
- Business Planning:
- Workshop and expert evaluation.
Is this scheme right for you?
The Biotechnology Young Entrepreneur Award gives Kerala's biotech students a platform, training, cash awards, and start-up support to commercialise their ideas. If you are a team of biotech/life-science students with a commercially promising concept, this programme can launch your venture.
Frequently asked questions
What is the "Biotechnology Young Entrepreneur (BYE) Award" programme?
The "Biotechnology Young Entrepreneur (BYE) Award" programme is aimed to raise awareness of commercialization of bioscience ideas among post graduate 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.
Which is the implementing agency of this programme?
Kerala Biotechnology Commission (KBC) under the Kerala State Council for Science, Technology and Environment (KSCSTE)
Who is eligible to get the benefits under the programme?
The students who are pursuing post-graduate programmes (including integrated PG degree programmes), doctoral degree, B.E. or B.Tech. in Biotechnology or in the area of life sciences related to biotechnology (bioinformatics/Molecular biology/microbiology/biochemistry/Genetics and/or related subjects) from universities/Institutes in the State of Kerala are eligible to apply.
What is the prize money given to the winning team?
The winning teams will be given cash awards by Kerala Biotechnology Commission. The first prize will be ₹1,00,000/-, 2nd prize will be ₹50,000/- and third prize will be ₹25,000/-.
What should be the aim of the proposal?
The proposals should aim at possible commercialisation of a product / patent.
In which areas of biotechnology proposal can be submitted?
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.
How many students should there be in a team?
The applicants should form a team of five students. At least three members in the team of five should be with Life Science background and other members can be from disciplines other than life sciences/Biotechnology.
Can an individual team member only be from the same Institute/University?
No, the individual team member may or may not be from the same Institute / University.
How many times are the applications invited in a year?
The applications are invited twice every year during January and June.
How can an applicant apply for the programme?
The applications are to be submitted online when notified.
Where can an applicant contact regarding this programme?
The applicant may contact at following address: 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: [email protected]
Apply for BYEA with a specialist
Share your number and our team prepares every document, files every form, and stays with you through sanction and disbursement.
Or check my fit firstRelated schemes
BYEA
Does this fit my business?
Connect With Us
For Any Inquiries Or Assistance, Please Feel Free To Reach Out. Our Team Is Here To Support You And Will Respond At The Earliest Convenience