Mysuru, Sept. 3- An entrepreneurship meet to promote StartUps and prospective entrepreneurs in Karnataka was held at CSIR-CFTRI on Aug. 22 in association with Biotechnology Industry Research Assistance Council (BIRAC), Department of Biotechnology, Government of India. The meet focused on opportunities for Start-Ups in Food and allied areas with special reference to Biotechnology Ignition Grant (BIG) scheme.
Dr. KSMS Raghavarao, Director, CFTRI, in his welcome address emphasised that Start-Ups are the only means to meet large scale employment needs of the youth in the country.
In the inaugural address, Dr. Mrutyunjay Suar, CEO, Kalinga Institute of Industrial Technology (KIIT) Technology Business Incubator, Bhubaneshwar, Odisha stated that technology business Incubators are an integrated platform for Start-Ups with a vibrant Ecosystem for innovation. He also explained about various BIRAC Schemes including Biotechnology Ignition Grant (BIG) for Start-Ups in the areas of Agriculture, Drugs, Health Care, Bioenergy, Industrial Biotechnology, Phytochemicals, Nutraceuticals, Functional Foods and Big Data Analytics.
He appreciated the role of CFTRI in establishing Nutraphyto Incubation Centre at its campus for encouraging budding entrepreneurs.
Further in the session, Sanjay Srinivasamurthy, Silicon Road, Mysuru; Lingaraju, Joint Director, MSME, Mysuru and Kodagu Districts; Dr. Srilakshmi Desiraju, Triphase Pharmaceuticals, Mysuru and Dr. Dharma Prasad, Prosetta Biinformatics, Mysuru also spoke.
In the Technical sessions followed, Rajeev Aiyappa, Plataforma Capital, Singapore; Dr.Shriram Raghavan, Jananom Pvt.Ltd; Dr.Jagadish N. Mittur, Principal Consultant (formerly), KITS; Dr. Aswanikumar, DNAXPERTS, New Delhi; spoke on Investment avenues for Food Processing, Modes and Methodologies in formulating Innovative proposals for BIRAC funding, Uplifting Start-Ups in Karnataka and so on.
A glimpse of Start-Up opportunities in North-East particularly in the area of Food Processing was provided by Subhas Bhattacharjee, Liaison Officer-NER, CSIR-CFTRI.
In the Pitching sessions, nine Start-Ups presented their ideas. Later, the expert team also visited NutraPhyto Incubation Centre and Instrument Facility (NPIC-CIF) at CSIR-CFTRI.
This post was published on September 3, 2019 5:55 pm