• BioNEST program under BIRAC provides support to establish bio-incubators either as a standalone entity or as a part of the academia. Owing to this, the BioNEST –IASST is nestled in Institute of Advanced Study in Science and Technology (IASST) to justify the concept of incubator wherein Innovation & Entrepreneurship, Networks & Collaboration, Resource management & Outreach will be taken care of for emerging Biotech/Life Science Startup Ventures.
  • It shall thrive to provide instrumentation platforms for Small and Medium scale industries (SME's), Academic Institutions & hospitals, to further their research programs in biotechnology, life sciences and biomedical sciences.
  • In addition, BioNEST-IASST will offer short term industrial training courses as well as facilities to Ph.D/M.Sc/B.Tech/M.Tech Biotech students to carry out their dissertation and project work. The BioNEST-IASST building is spread around 10,000 sq. ft area in the CIF of IASST comprising of incubation spaces for Biotech startups, R&D Labs, Bootstrapping area and Common Instrumentation Facility to kick-start their operations. BioNEST-IASST will provide a 3-5 year incubation facility for start-ups and also the required infrastructure for the new company to work independently thereafter. Technological assistance and support will be imparted all the way through the maturation phases of the start-ups until their progression into a fully fledged company. BioNEST-IASST will execute the hand-holding to the start-ups with respect to Intellectual property rights, Regulatory and Venture capital support along with funding support from DST, DBT and BIRAC, Government of India.

Vision :

To nurture innovation and foster entrepreneurship in and around NER 

Mission :

Handholding of start- ups from ideation stage to incubation platform and unleashing to Industry setup by

  • Proving an avenue for scaling up biosciences related technologies developed at NER.
  • Providing a facility to establish businesses and develop ideas into commercial products.
  • Mentoring of start –ups in technical, legal, commercial and financial matter.
  • Translational intervention in the entrepreneurial ecosystem of NER.
  • Economic development and equitable distribution of wealth in NER through bio-business.
  • Gradually developing an institute for research and education of S&T based entrepreneurship at NER.