National Bio Entrepreneurship Competition 2022
--Must See--

National Bio Entrepreneurship Competition 2022

  • Applications open : 16 September 2022, 12:00 PM
  • Applications close : 10 October 2022, 05:30 PM

About

Every year C-CAMP organizes National Bio Entrepreneurship Competition (NBEC), a nationwide competition to attract, identify, and nurture bio-entrepreneurs working on novel and scalable business ideas with significant societal impactApplicants compete for attractive cash prizes and investment opportunities. First Launched in 2017, NBEC has emerged as a flagship platform for bio-entrepreneurs and innovators in India to showcase their deep science-driven ideas and has created a great impactIt has brought to the forefront 63 exceptionally promising young entrepreneurs as winners who have grabbed the attention of investors, were featured in national and global media, and went on to win many other accolades.

We have seen a heartwarming response from Partners this year too.  Our partners from previous years continue to support our efforts, for which we are deeply grateful and we are delighted to welcome our new Partners who also believe in our vision.

The National Bio Entrepreneurship Competition (NBEC) 2022 is inviting path-breaking, revolutionary, and scalable business ideas in the life sciences domain spanning:

  • Agri Tech & Mol Bio, including conventional plant breeding, tissue culture and micro-propagation, molecular breeding or marker-assisted selection, genetic engineering and GM crops, molecular diagnostic Tools, soil Health and AI & ML in Agriculture; Animal Health including diagnostics, therapeutics, nutrition, and other sub-domains related to veterinary applications and other related sub-domains
  • Healthcare, including Diagnostics, Drug Discovery & Development of vaccines, therapeutics, biologics and plant-based therapeutics, CRO/CMO/CRAMS, Maternal & Child Nutrition
  • AMR, including Tb/Malaria, Covid-19, Rare and Neglected Diseases & other Infectious Diseases
  • Digital Health, including AI & ML, imaging, wearables, healthcare IT and other related subdomains
  • Medical Devices
  • Environment, including Clean and renewable energy, biofuels, clean air, and other related sub-domains. Water & Sanitation including water treatment, solid waste treatment, and other related sub-domains
  • Industrial Biotechnology, including enzymes, fermentation-based products for non-pharma purposes, bioplastics, and other related sub-domains. Food & Nutraceuticals, including dietary supplements, and other related sub-domains
  • Personal Care Products.

Format

NBEC 2022 campaign will reach out to students, entrepreneurs, Individuals, start-ups and established companies across India.

All applications will be received online, only through the NBEC Portal.  An administrative check of all applications will be done to ensure that applications are complete and all necessary requirements are met, and will also be screened for the originality of the idea (disqualified from the competition if the idea is found to be copied), clarity of articulation, whether the idea has deep science-based biotechnology component, and whether the idea is predominantly an academic research idea as opposed to a business idea.

NBEC will consist of four rounds spread over four starting from September 2022

Applications that have been received online will go through an admin check and due diligence

Round 1: External Assessment where a panel of domain experts from industry, academia, and the investor community will review the proposals and shortlist the top promising ideas.

Round 2:  Regional Rounds where the shortlisted applicants from Round 1 will be invited to make a presentation to a Jury Panel. The jury will select the topmost business ideas in this round.

Round 3: Pre-final: The selected applicants from Round 2 will attend this year’s entrepreneurship development boot camp and intense mentoring sessions over 2 days. At the end of the boot camp, these applicants will make their business plan presentation before a Pre-Final Jury Panel.

Round 4: Grand Finale: The applicants shortlisted from the Pre-Final round will pitch before a Grand Jury which will select winners of NBEC 2022.

Eligibility

Eligibility for Student Teams:

  • Students currently in a graduate, post-graduate or PhD program.
  • Students will apply as a team of a maximum of four members and should identify one member as the team leader.
  • The Team Leader should be the main/primary applicant.
  • All student team members should have valid student IDs.
  • All applicants and team members should be citizens of India.
  • If students have already formed a company, the company should not be more than 2 years old at the time of applying
  • The idea should be a Deep tech Life Science based idea.

Eligibility for Companies/Individuals:

  • Start-ups, MSMEs and other large companies can apply
  • Individuals can be post-doc, faculty, scientist, working professionals and aspiring entrepreneurs
  • For companies, the company should be registered in India and the majority ownership should be Indian
  • Individual Applicants should be citizens of India
  • The idea should be a Deep tech Life Science based idea.

Selection Criteria

Evaluation Criteria for Student Teams:

After admin check and due diligence, the applications will be screened for the originality of the idea (disqualified from the competition if the idea is found to be copied), clarity of articulation, whether the idea has deep tech-based life Science component, and whether the idea is predominantly an academic research idea as opposed to a business idea. Applications that comply with these criteria will be shortlisted for Round 1.  A review panel comprising experts from academia, industry, and the investor community will review the applications hereon.

Round 1: During the external assessment, applications will be selected on the basis of novelty, scientific validity, the feasibility of developing a working solution and feasibility of business

Round 2: Regional Rounds wherein the selected applicants will make a presentation before a jury panel. The Jury members will select the top business ideas based on novelty, scientific validity, the feasibility of developing a working solution, the feasibility of the business, team strength and clarity of articulation

Round 3: Applicants selected from Round 2 will attend a 2-day boot camp and intense mentoring sessions. Applicants will pitch before the Pre-Final Jury Panel and selected based on novelty, scientific validity, the feasibility of developing a working solution and feasibility of business

Round 4: At the end of the boot camp the participants will pitch to a Grand Jury and will be evaluated for the following:

  1. a)Scientific Validity: The problem being addressed and the feasibility of the solution based on scientific principles
  2. b)Feasibility of Developing a Working Solution: how the student has applied the scientific principles to develop a working solution/prototype
  3. c)Feasibility of Business: well-defined customer/customer segment and market size for product/solution have been addressed
  4. d)Novelty of the Approach or Solution: Other products/solutions currently available in the market that address this problem and how does your product/solution compare with these products/solutions

Evaluation Criteria for Start-Ups/Individuals:

After admin check and due diligence, the applications will be screened for the originality of the idea (disqualified from the competition if the idea is found to be copied), clarity of articulation, whether the idea has deep tech-based life Science component, and whether the idea is predominantly an academic research idea as opposed to a business idea. Applications that comply with these criteria will be shortlisted for Round 1.  A review panel comprising experts from academia, industry, and the investor community will review the applications hereon.

Round 1: During the external assessment, applications will be selected on the basis of scientific validity, the feasibility of developing a working solution, business case and commercialization, scaling and sustainability strategies of the idea

Round 2: Selected applicants will make a presentation before a jury panel. The Jury members will select the top business ideas based on scientific validity, the feasibility of developing a working solution, business case and commercialization, scaling and sustainability strategies of the idea, team strength and clarity of articulation

Round 3: Applicants selected from Round 2 will attend a 2-day boot camp and intense mentoring sessions. Applicants will pitch before the Pre-Final Jury Panel and selected based on scientific validity, the feasibility of developing a working solution, business case and commercialization, scaling and sustainability strategies of the idea

Round 4: At the end of the boot camp the participants will pitch to a Grand Jury and will be evaluated for the following:

  1. Scientific Validity: the specific problem being addressed and the feasibility of the solution based on scientific principles
  2. Feasibility of Developing a Working Solutionapplication of the scientific principles to develop a working solution/prototype
  3. Business Case: Core team and their strength in business plan execution, well-defined customer/customer segment, addressable market and value proposition
  4. Commercialisation, Scaling and Sustainability: steps taken towards commercialisation and product-to-market strategies.

Awards

AWARDS for Student Teams:

  • Total Cash Prizes up to INR 10 L.
  • Mentorship by key industry leaders

AWARDS for Start-Ups/ Individuals:

  • INR 16 Cr cash prizes and investment opportunities
  • Winners and selected candidates are eligible for Amazon Web Services (AWS) Activate programme
  • Mentorship by key industry leaders.

Timeline

  • September 16 2022 – NBEC Launch
  • September 16 2022 – Applications Open
  • October 10 2022 – Applications Close
  • November 12 2022 – Round 1 Review Close
  • November 15 2022 – Selected participants will be notified
  • November 21-28 2022 – Round 2 Regional Qualifiers
  • November 30 2022 – Selected participants will be notified
  • December 14- 15 – Boot Camp and Mentoring Sessions
  • December 16 2022 – Round 3 Pre-finals
  • December 17 2022 – Grand Finale

Terms & Conditions

Terms and Conditions

  • The idea must be original and should not be copied in either full or part. If it is noticed at any point in time that the idea is not original, the entry will be disqualified and the applicant will be debarred from the contest.
  • Students applying for NBEC: At the time of the application stage, forming a team is not mandatory now but you may be asked to form a team for the presentation round and onwards.
  • Non-BIRAC Beneficiaries are encouraged.
  • Details provided by the student applicant will be cross-checked with the faculty in charge.
  • All details submitted in the application form as well as subsequent presentations will be treated as confidential to the extent possible. All reviewers will sign CDA/NDA. However, the responsibility of protecting information prior to putting it out in the application form or sharing it with anyone lies wholly with the applicant and we strongly recommend that any applicant that has any concerns regarding Intellectual Property (IP) protection and disclosure of information contact an appropriate and competent IP counsel before filling in the application.
  • The applicants must regularly check their registered email and the official website of this competition for any announcements or updates.
  • Only the selected applicants will be notified by email. It is the responsibility of the applicant to check their emails regularly around the date of “notification of acceptance”. The selected applicants who do not respond to the notification of acceptance email will not be followed up further after a waiting period of three days.
  • The decision of the organisers will be final and binding.
  • Final Boot Camp participants have to manage their own travel expenses. Accommodation will be provided.
  • Taxes are applicable on the Prize Money
  • Investment Opportunity for the winners will be evaluated by the Investment Partners based on their internal criteria and confirmed if it complies.
  • The applicants agree to all the terms and conditions herein as well as those that the organisers may put in during the duration of the competition.

General queries: [email protected].

View Notification

APPLY ONLINE

Editor’s Note: National Bio Entrepreneurship Competition 2022. National Bio Entrepreneurship Competition. National Bio Entrepreneurship Competition C-CAMP. Please ensure that you are subscribed to the Biotecnika Times Newsletter and our YouTube channel to be notified of the latest in the industry. Follow us on our social media like TwitterTelegramFacebook and Instagram.

Upload your CV to Biotecnika

Diligence + Intelligence + Learned +Understanding +Xenial + Idealistic = DILUXI. Girl with the golden hands, She has worked hard and transformed BioTecNika's Alerts section with Latest Notifications and Articles with most profound insights. When we need a reliable hand at work, All eyes turn to her!

LEAVE A REPLY

Please enter your comment!
Please enter your name here