Thursday, 14 November 2019

CBIH offers Rs 2.1Cr worth support for new startup applicants

10 October 2019 | News

To encourage and promote the best deep science innovations in the field of Life Sciences and Biotechnology in India & Japan

C-CAMP has recently joined hands with Beyond Next Ventures (BNV), one of the leading independent accelerators and VCs in Japan dedicated to incubation investment in technology start-ups particularly in the life sciences.

The two organizations, under the umbrella of the C-CAMP – BNV Innovation Hub (CBIH), aim to encourage and promote the best deep science innovations in the field of Life Sciences and Biotechnology in India & Japan.

To kick start its activities, CBIH is calling for applications from Indian bio startups for funding support of up to $300,000 or approximately Rs 2.1 crore per startup.

CBIH is the one of the foremost tie-ups between Japanese and Indian innovation ecosystems dedicated to the biological sciences. The hub will facilitate Japanese investment of up to $5 million. The jointly managed fund will identify exciting early stage Indian startups in the life sciences and biotech domain with technologies  to address global issues. Beyond funding, CBIH will also enable expert mentorship and guidance from C-CAMP on an equity basis.

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