The Fact Maker

Cytiva encourages next-gen bio-entrepreneurs by co-sponsoring prize at NBEC

  • Cytiva co-sponsored the Best Domain Specific Startup Prize that included INR 5-lakh reward at the 2021 National Bio Entrepreneurship Competition (NBEC) organized by Center for Cellular and Molecular Platforms.

Global life sciences leader Cytiva co-sponsored the Best Domain Specific Startup Prize reward of INR 5 lakh, with a view to support the next generation of entrepreneurs, at the National Bio Entrepreneurship Competition (NBEC)—India’s biggest platform for identifying and felicitating bio-entrepreneurial talent. NBEC is organized every year by the Center for Cellular and Molecular Platforms – C-CAMP, India’s most exciting bio-innovation and entrepreneurship ecosystem.

This year, the innovations covered every domain of life sciences, from a digital platform for neonatal ICU workflow, nano-fiber carriers for bio-fertilizers to an AI-based therapeutic platform for the rehabilitative treatment for autism and brain stroke. Initially, there were close to 2,500 applications from about 33 states and union territories. At the time of the finale, NBEC had selected 22 young entrepreneurs as winners, presenting them with investment opportunities and rewards valued at INR 8.5 crore. Divya Sriram, co-founder of D-NOME was adjudged the winner of the Cytiva co-sponsored reward.

C-CAMP conceptualized NBEC in 2017 as part of the BIRAC Regional Entrepreneurship Center at C-CAMP. In its fifth year NBEC is a national dais that nurtures students and bio-entrepreneurs working on innovative, scalable business ideas with important societal impact. Since Cytiva has supported innovation in the field of biotechnology in India for over three decades, it decided to co-sponsor a prize.

Vaggu Raghavendra Goud, General Manager of Cytiva South Asia, says: “Many congratulations to all the winners and participants of NBEC. At Cytiva, we’ve always supported India’s biotechnology sector and we see C-CAMP’s NBEC as the right platform to draw more entrepreneurial talent to the sector. The bio-entrepreneurs we saw today are very innovative and bring unique solutions to the table; it’s up to us to support them in a fashion that they can learn to fly high in their vocations.”