21 July 2022 | News
Announces financial support of Rs 50 Lakhs each to 25 startups and entrepreneurs
image credit- PIB
Union Minister of State (Independent Charge) Science & Technology; Minister of State (Independent Charge) Earth Sciences; MoS PMO, Personnel, Public Grievances, Pensions, Atomic Energy and Space, Dr Jitendra Singh has launched special Biotech Ignition Grant call for North East Region (BIG-NER) and announced financial support of up to Rs 50 Lakhs each to 25 startups and entrepreneurs from North East Region to develop biotech solutions.
He said that North East has huge potential and talent to take forward the Biotech sector and asked the Ministry to reach out to them.
The Minister said that due to special focus of PM Modi on the North Eastern region, the trend of mass exodus of youth from region has been reversed. He also informed that BIRAC/ DBT has established a strong network of 74 specialized bio-incubation centres in 21 states/ UTs including 7 bio-incubators in the north east region – an emerging cluster.
He said that DBT/ BIRAC should continue efforts to nurture a local vibrant bio-entrepreneurial ecosystem in the beautiful and bioresource rich North East to boost the local Bioeconomy.