BEST INDIA 2010
BEST INDIA is a nationwide competition to encourage entrepreneurship for senior level students in the Life Sciences. This is an initiative of Department of Biotechnology (DBT), Ministry of Science and Technology, Government of India and Association of Biotechnology Led Enterprises (ABLE).
What you have to do ?
If you are a Student pursuing Master’s, doctoral degree or BE/B.Tech course in the area of Life Sciences from a recognised Indian University / Institute, form a team of 5 members, identify a team leader and prepare your Concept Note based on an idea in the area of biotechnology that has commercialization potential. Upload your Concept Note on www.ableindia.org. Only online submissions will be accepted. No other form of submission will be considered.
What BEST does for you ?
A jury examines your idea for scientific merit, innovation and commercial potential and selects 20 teams.
The selected teams get to attend a high quality Entrepreneurship Workshop that addresses commercialization issues such as Business Plans, IP & Patenting Strategies, Raising Finance, etc.
At the end of the workshop, your team will develop a Business Plan and make a PowerPoint presentation to the Jury. From the 20 teams, 3 top teams will be selected.
The 3 winning teams will get an opportunity to present their ideas to Venture Capitalists, Private Equity Fund Managers and other institutional investors, at ABLE’s Biolnvest Conference – India’s largest and most exclusive Life Sciences Investment Forum.
Last date for uploading applications is March 31, 2010
The 3 winning teams will be awarded Prize Monies of Rs. 500,000/-, Rs. 300,000/- and Rs. 200,000/- respectively.
|1st Call for Concept Notes||15th February 2010|
|2nd Call for Concept Notes||15th March 2010|
|Last date for uploading Concept Notes||31st March 2010|
|Pre-Screening of Proposals||10th April – 10th May 2010|
|Final Screening for 20 Teams||12th May – 30th May 2010|
|Informing the 20 Teams||5th June 2010|
|Entrepreneurship Workshop||30th, 31st July, 1st Aug, 2010|
|Presentation & Awards at ABLE BioInvest||25th – 26th November 2010|
For format and guidelines, visit www.ableindia.in/best/index.php