Welcome to the IITG-BioNEST Bio-Incubation Centre, supported by Biotechnology Industry Research Assistance Council (BIRAC), Government of India, strategically located at the IIT Guwahati campus amid lush green rich flora of North East India with a vision to foster innovative research and entrepreneurial activities in Healthcare and Industrial biotechnology related areas. The main focus area of the facility is the incubation of a host of entrepreneurs to commercialize an array of healthcare products in the area of traditional and modern Biomaterials, Industrial Biotechnology and state-of-art frugal Diagnostics so as to establish a benchmark especially in NE.
NE region is also known as a biodiversity hotspot with abundance of commercially viable biomaterials. The BioNEST program in the translational ecosystem of IITG is strategically a very significant step for NE India for promoting landmark GOI initiatives including Unnat Bharat Abhiyan, Make in India, Digital India, Atal Innovation Mission, Start Up India and Ayushman Bharat.
At BioNEST Incubator Centre, we envision an ecosystem where entrepreneurs and innovators have access to cutting-edge infrastructure and mentoring support for a unique Incubation experience to Nurture their entrepreneurial skills and create deep impact with their innovation.
IITG-BioNEST is targeted to inculcate a 360-degree translation under the umbrella of IITG starting from Idea generation, Proof-of-concept demonstration, Prototyping, Clearances, Validations, Certifications until Commercialization. At present, BioNEST can support and Nurture 25 startups/MSMEs/SMEs in the facility.
IITG-BioNEST provides affordable state-of-art incubation facilities which includes common laboratory space, office cubicles, fully-equipped conference rooms and cutting-edge instrumentation facilities sprawled across 10,000 sq.ft. covered area in the newly constructed CFN (Centre for Nanotechnology) at IITG. In addition, inubatee start - ups /MSMEs /SMEs will get access to state-of-art instrumentation, fabrication, characterization and testing facilities housed at CFN-IITG to foster and support their entrepreneurial journey.
Leading doctors/scientists/engineers/entrepreneurs will be made available to the Biotech start-ups for trouble shooting and fast-track solutions. Regular interactions with industry experts will provide mentorship and necessary hand-holding instrumental for start-ups in the initial years of incorporation. The incubatees will be encouraged to collaborate with leading IITG faculty for product development, technology transfer and commercialization.
One of the major objectives will be to nurture IITians for biotechnology incubation and grow them with the existing incubators. Further, being connected to the rural NE India IITG is very well placed to nurture and promote Women Led Entrepreneurship. Running bio-entrepreneurship development programs and investors meet at IITG through this BioNEST for sprouting start-ups, SME, MSME and rural entrepreneurs will enable the development of a larger amount of skilled workforce and employment.
IITG is strategically placed in the south-east Asia with a market size of 340 million population which include 7 NE states of India, Nepal, Bhutan, Bangladesh, and Myanmar. In all these places, the majority is rural population. Thus, health care solutions involving the traditional and modern Biomaterials, traditional and modern biochemical agents and state-of-art frugal diagnostics will have the access to this large market for all incubating entities.
BioNEST organizes multiple National and International Conferences/ Workshops/ Training/ Hackathons/Investor annually to establish synergies between industry and academia also providing excellent networking opportunities for startups to grow and outreach their innovations helping them to generate funding and investments.
BioNEST also brings in various consultants, angel funding and VC opportunities to work on an accelerator model, so that the successful starts ups may graduate fast into the cycles of private limited companies.
Startups/MSMEs/companies who wish to incubate at IITG-BioNEST, need to submit a “Letter of Intent” to
For physical incubation of start-ups/companies, a minimum of 150sq.ft. office space will be provided @Rs.30/sq.ft. (exclusive of GST). The BioNEST facility will have a common lab area equipped with state-of-art instrumentation facilities which will be accessible to the incubatees for free for a period of one year since start of incubation after which usage charge (for equipments only) will be levied. The office rental charge is exclusive of electricity, water and broadband internet connection fee.
Yes. Incubatees can avail the equipment facilities from IITG Centre for Nanotechnology on slot availability basis.
The sole vision of BioNEST is to foster incubation and develop entrepreneurial ecosystem in NE region. To nurture the innovation and establishing synergies between academia and industry, BioNEST will constantly provide mentorship support, networking opportunities with investors, VC fundings, angel networks etc. The center will always encourage incubatees for fundraising from Government and Private sources. Also, BioNEST encourages and supports collaborations with IIT faculty for product development and commercialization.
(a) Any background IP owned by the company, BioNEST will not have any claim on the same.
(b) IP/patents filed by the incubatee during incubation will be owned by company and the incubation centre will have no share in it.
(c) IP will be jointly shared if company is collaborating with the IIT faculties/researcher/student. In that case, the terms of IP sharing will be decided between both the parties.
(d) Foreground IP: If the incubatee company has undertaken the product/technology development without taking any material/intellectual help from the IITG laboratory/faculty, the incubatee will also hold the foreground IP. Even at the possibility of developing the technology further, some IP has been generated where the IITG faculty is involved, the IP may be shared. In what proportion the IP might be shared will be discussed on case-to-case basis based on contribution made by IITG in terms of time and infrastructure.
(a) Any proposition for technology transfer coming to a company will be run through BioNEST administration led by CEO. Thereafter, the BioNEST committee will recommend it to the Dean IISI/BOD.
(b) Any technology transfer where IITG faculty is involved, the IITG guidelines will be followed.
The BioNEST BOD will meet every four months. All recommendations, issues etc. pertaining to the Center will be tabled during that time.
(a) If an incubatee wants to exit before the completion of agreement period, the incubatee will send the proposal explaining its specific reasons for it to the Board. In the event of premature exit, the procedure detailed in clause 4 of the MoA will be followed.
(b) In the event of successful product/technology or in the event of an incubatee having raised adequate non-diluting/diluting funding, the terms of the exit will be worked out on case-to-case basis between BioNEST and the exiting company.
(c) 5-10% royalty for a fixed period or one-time exit fee will be levied on incubatee successfully graduating from the center.