BBC plans for nation's medtech accelerator

As Bangalore Bioinnovation Center (BBC) is slowly and steadily making its way for a grand opening this year in the outskirts of Bangalore, it has firm and ambitious plans to bolster entrepreneurship and promote start-ups in the Life Sciences.

innovative-startups

(Photo Courtesy: www.india.com)

The BBC measures about 86 acres of land having three zones:

 Institutional area - 20 acres (composed of IBAB & CHG - Centre for Human Genetics)
 Innovation area - 10 acres (for start-ups)
 Industrial cluster area - 56 acres (Alexandria Biotech Park)

The project was sanctioned 10 years ago in 2005 by the Department of Biotechnology (DBT).

The total cost of the project has been Rs 50.9 crore. The civil construction has cost Rs 12.9 crore; internal lab fittings (by IBAB through KBITS grants) about Rs 16 crore; and lab equipments cost Rs 22 crore (from DBT).

BBC's key features

 

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