Sarkari Yojana
Biotechnology Young Entrepreneur Award
About Biotechnology Young Entrepreneur Award
The “Biotechnology Young Entrepreneur Award (BYE)” aims to push graduate/postgraduate Biotechnology students to commercialise their bioscience ideas and take up biotechnology entrepreneurship. Held every year as a competition with an accompanying workshop, it requires participants to prepare a Business Plan that an expert panel then judges.
Scheme Overview
State Government
Kerala Biotechnology Commission, KSCSTE
Individual
Scheme Details
Eligibility Requirements
To qualify for Biotechnology Young Entrepreneur Award, applicants must satisfy the following conditions:
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1. Applications are open to students enrolled at universities/Institutes in Kerala in post-graduate programmes (integrated PG degree programmes included), doctoral programmes, or B.E./B.Tech. courses in Biotechnology or allied life science areas (bioinformatics/Molecular biology/microbiology/biochemistry/Genetics and/or related subjects).
Benefits Provided
Biotechnology Young Entrepreneur Award provides the following benefits to eligible applicants:
The Kerala Biotechnology Commission presents cash awards to…
The Kerala Biotechnology Commission presents cash awards to the winning teams.
Prize money
Prize money: ₹1,00,000/- for first place, ₹50,000/- for second place and ₹25,000/- for third place.
Following evaluation and recommendation by an Expert Committee,…
Following evaluation and recommendation by an Expert Committee, awardees will be helped with facilitation and support to set up start-ups.
Documents Required
Applicants should keep the following documents ready before starting the application:
Any valid proof of the applicant's identity
Any valid proof of the applicant's identity
A certificate of endorsement
A certificate of endorsement
Academic certificates
Academic certificates
The Business Plan being proposed
The Business Plan being proposed
A brief outline of the proposed research work
A brief outline of the proposed research work
A letter of consent
A letter of consent
A certificate issued by the head of the…
A certificate issued by the head of the institution
Other documents, where asked for
Other documents, where asked for
How to Apply
Online Application
Applicants can apply for Biotechnology Young Entrepreneur Award through the online application process outlined below.
Applications are sought twice annually, in January and June, and are to be filed online after notification. (Application form) Scrutiny of the Application:
An expert panel reviews the concept proposals and…
An expert panel reviews the concept proposals and shortlists 15 teams, who then take part in a high-quality Entrepreneurship Workshop lasting 3-4 day’s, covering the basics of launching a business venture such as Business Plans, IP & Patenting Strategies, Raising Finance, Business Strategies and HR Practices, and other areas of entrepreneurship development.
Following the workshop, every team can return, discuss…
Following the workshop, every team can return, discuss internally and with its mentor, and prepare a business plan drawing on its concept and workshop learnings within 3 weeks of the workshop.
Every team must then present to a panel…
Every team must then present to a panel of Experts, who will assess the business plans and select three winning teams. Note 01: Applicants must form teams of five students. Note 02: Of the five members, at least three must have a Life Science background, while the rest may come from disciplines outside life sciences/Biotechnology. Team members need not belong to the same Institute/University. Note 03: Only one entry is allowed per team, and a participant can belong to only one team. Each team must nominate a team leader and may choose a mentor as guide. Note 04: Proposals must fall within core biotechnology areas, namely 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, and may relate to a product, service or an application. Note 05: In response to the notification, each team must send a Concept Note to the Chairman, Kerala Biotechnology Commission, KSCSTE, Sasthra Bhavan, Pattom, TVPM–4. Contact Details: 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: kbc.kscste@kerala.gov.in
Official Application & Website
Verify the latest eligibility, dates and instructions before applying.