Applicants must be students who are pursuing their masters (including 5 year integrated post graduate degree), doctoral degree, BE or B Tech courses or four year professional courses in the area of life sciences (bioscience/biotechnology and/or related subjects) from Indian Universities/Institutes.
The applicants should form a team of 5 students and nominate a team leader. The individual team members may or may not br from the same institute/University. One third of the team members can be from disciplines other than life sciences.
Each team will submit only one entry.
Core biotechnology disciplines under which Concept Notes will be invited include Agriculture, Aquaculture, Alternate Energy/Bio-energy, Bioinformatics, Biological Applications, Bioprocess Engineering, Environment, Food, Human Resource Development, Medical, Medical Diagnostics, Medical devices, Medical Therapeutics, Nanotechnlogy/Nanobiotechnology, and Vaccines.
The proposals could be either for product, service or an application.
Mandatory requirements
Before you start the online process to participate in the BEST 2011 competition, make sure you have the digital files of all records mentioned below:
-PDF version of Executive Summary, not exceeding 100 kb
-PDF version of the concept note, not exceeding 500 kb.
-PDF version of the letter from the Institute authorizing your team’s participation. File size should not exceed 100 kb.
-JPG images of authorized identity cards of all the team members. Each file should not exceed 100 kb.
Note: Only online submission will be accepted. No other form of submission will be considered.
After the completion of uploading your concept note you will get an opportunity to review filled in details. Please note that once you have successfully submitted your application no further changes or resubmission is permissible.
Proposals will be accepted from 20th November 2010.
Components of document
1. Executive Summary (max. 800 Words not exceeding 100 KB)
- Define the idea
- Establish Novelty/Innovativeness of the Idea
- Demonstrate Intellectual Property generation/Trademark (if applicable)
- Include Competitive Analysis and take into account Market Potential
- Determine Commercialization Potential- should also Indicate which stage your idea is in , for example-Idea stage/prototype stage/ near commercialization.
- Concept note title
- Concept and Description of Scientific Ideas
- Market Potential and Commercialization prospects
- Current challenges and roadblocks in the development of the project
Jury
A panel of judges will screen the applications. The Jury consists of eminent persons from academia, industry and investment sector.
Screening
The Concept Notes will be screened for:
- Techno-economic feasibility / viability of the business idea.
- The scientific merit of the idea.
- Innovativeness of the idea.
- Clarity of communication
- Techno-economic feasibility / commercialization potential of the business
- Innovativeness of the idea
- Market Potential
- Quality and conviction of team
- Level of Motivation of team members
The 20 teams that will attend the Workshop are expected to come prepared with a ‘first-cut’ presentation of a Business Plan. This is to enable them to relate to the Workshop effectively. Detailed instructions will be given to the selected teams periodically for attending the workshop.
Workshop
The 4-day Workshop conducted by ABLE will cover a wide range of topics, like to start a business venture like Business Plans, IP & Patenting Strategies, Raising Finance, Business Strategies and HR Practices . Industry experts in these fields will address and interact with the participants. These 20 teams will attend a fully paid for high quality Entrepreneurship Workshop that will familiarize them on matters related.
After the workshop, each team will make a 10 minute presentation to the Jury after which the Jury will ask questions to the team members and evaluate and critique the business plans. After all teams have finished their presentations and question-answers, the Jury will deliberate and decide and announce 3 winning teams.
Award
The winning teams will be presented with cash awards at ABLE’s BioInvest Conference. The awards are sponsored by DBT. The 1st Prize will be Rs. 500,000/-, the 2nd Prize will be Rs. Rs. 300,000/- and the 3rd Prize will be Rs. 200,000/-
Helpdesk:
Chandrika A. A
Email: best@ableindia.org
Or call Monday to Friday- 10.00 am to 4.00 pm on +91-80-4163 6853
FAQs
Click here to Fill in the Application Form
No comments:
Post a Comment
Thanks for your comment!!