How IIT-M’s Bioincubator is changing the face of biotech start-ups era

The Indian Institute of Technology-Madras (IIT-M) Bioincubator is a part of the IIT Madras Incubation Cell, housed in the IIT Madras Research Park


Even more critical is availability of right mentors and right advice at key stages of incubation. (Photo Courtesy:

It is currently funded by Biotechnology Industry Research Assistance Council (BIRAC), and incubates start-ups in the area of biotechnology.

In his special interview to BioSpectrum, Prof Guhan Jayaraman, department of biotechnology, Bhupat and Jyoti Mehta School of Biosciences, IIT-Madras, sheds light on how the government, industry and academia can collaborate together in revolutionizing the birth of biotech start-ups era.

Q: What is the incubation model that you follow at the centre?

Prof Guhan: Start-ups who are interested in being incubated have to apply through the website with a brief proposal. They will be called for a presentation before the Bioincubator Screening Committee consisting of academics, entrepreneurs, scientists from industry and medical institutions.

The committee selects them based on five criteria: Technical merit of the proposal, business strategy for commercialization, team expertise, availability of seed-funding or venture capital and compatibility with the infrastructure and space available in the bioincubator.

The selected companies are allowed to incubate for an initial period of 2 years which is extendable, depending on progress and financial sustainability of the incubated company and other assessment criteria.


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