The Biotechnology Young Entrepreneur Award (BYE) aims to transform innovative bioscience ideas from students in Kerala into Read More... successful businesses, fostering new biotechnology ventures. Read less
Details
Are you a student in Kerala with a groundbreaking bioscience idea? The Biotechnology Young Entrepreneur Award (BYE) could be your launchpad! This programme is designed to turn your innovative thoughts into reality, encouraging you to become a biotech entrepreneur.
The Biotechnology Young Entrepreneur Award (BYE) is an annual initiative that encourages graduate and postgraduate students in Biotechnology and related life sciences to commercialize their ideas. It involves a competition where participants develop a detailed Business Plan, which is then evaluated by a panel of experts. The programme also includes a workshop to help participants refine their concepts.
This award is specifically for students enrolled in universities and institutes within Kerala. It targets those pursuing postgraduate programmes (including integrated PG degrees), doctoral degrees, B.E., or B.Tech. in Biotechnology or related life sciences fields like bioinformatics, molecular biology, microbiology, biochemistry, and genetics.
The BYE award plays a crucial role in nurturing the next generation of innovators in Kerala's biotechnology sector. By providing financial incentives and support, it helps bridge the gap between academic research and commercial application, encouraging students to take entrepreneurial risks and build future startups.
Objective
Benefits
Sources and references
Applications for the Biotechnology Young Entrepreneur Award are invited twice a year, typically in January and June. The process involves submitting your application online when the notification is released. You will need to form a team of five students, with at least three members having a Life Science background. Other team members can come from disciplines outside of life sciences or biotechnology. Individual team members do not necessarily have to be from the same institution or university.
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]
What kind of projects are suitable for the award proposal?
Your proposal should focus on the commercialization potential of a product or patent. The core areas for proposals 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 fields. Proposals can be for a product, service, or application.
Can I apply as an individual or do I need to form a team?
You must form a team of five students to apply. Within this team, at least three members should have a background in Life Sciences. The remaining members can be from different disciplines, not necessarily life sciences or biotechnology. Team members can be from different institutions or universities.
How often are applications accepted for this award?
Applications for the Biotechnology Young Entrepreneur Award are invited twice every year. Generally, these calls for applications occur during January and June.
Who organizes the Biotechnology Young Entrepreneur Award programme?
The Kerala Biotechnology Commission (KBC), which functions under the Kerala State Council for Science, Technology and Environment (KSCSTE), is the implementing agency for this programme.
What is the primary goal of the BYE Award programme?
The main aim of the "Biotechnology Young Entrepreneur (BYE) Award" programme is to make students in Biotechnology more aware about turning their bioscience ideas into commercial products. It's designed to encourage and foster biotechnology entrepreneurship among them.
What is the monetary prize for the winning teams?
The Kerala Biotechnology Commission awards cash prizes to the winning teams. The first prize is ₹1,00,000/-, the second prize is ₹50,000/-, and the third prize is ₹25,000/-.
Where should I submit my application for the award?
Applications are to be submitted online. You will need to keep an eye out for the official notification announcing the application period, which usually happens twice a year.
Does every member of the team need to be from the same college or university?
No, that's not a requirement. The individual team members are allowed to come from different institutions or universities. The key is that they are all eligible students pursuing their studies in Kerala.
What specific fields can my proposal cover to be eligible?
Your proposal can be submitted in core biotechnology areas such as Agriculture, Aquaculture, Bio-energy, Biologicals, Bioprocess Engineering, Biosensors, Drug discovery, Environmental science, Food technology, Medical Diagnostics, Nanotechnology, Nutraceuticals, and Vaccines. It can be for a product, a service, or a new application.