IIT Jammu Concludes on Bio Entrepreneurship: Click to know about commercialization.

According to IIT Jammu

“Sponsored by MSME GoI, the Advanced E-SDP Program on “Bio Entrepreneurship to Empower India” Concludes at IIT Jammu. Experts from CSIR-IIIM, CSIR-IHBT, SKUAST Jammu, and IIM Jammu talked about bio entrepreneurship, youth entrepreneurship, and the significance of IPR in commercialization”.

IIT Jammu conducted the program Advanced E-SDP Program on “Bio Entrepreneurship to Empower India which was sponsored by MSME GoI. 

Bio Entrepreneurship to Empower India- 

Bio Entrepreneurship is a priority sector for the Government of India. Therefore, Bioentrepreneurship is the combination of science and entrepreneurship to create a business and also is considered as a strong growth sector that can create jobs and drive economic growth. Bio Entrepreneurship to Empower India involves using scientific ideas to make a profit or biological entities.

Also, the main goal is to create value for stakeholders for the following reasons such as: 

• Researching
• Developing
• Commercializing healthcare
• Biomedical innovations

The three pillars of bio entrepreneurship are: 

• Adequate financing
• A quality management team
• Access to new technology

About IIT Jammu:

The Indian Institute of Technology Jammu which is popularly known as IIT Jammu is a public research university located in Jammu, Jammu and Kashmir, India. It was established in 2016 by the Ministry of Human Resource Development (MHRD), Government of India. 

News source: https://twitter.com/IITJammu/status/1730176660660769160 

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