Promoting Entrepreneurship in Bioinformatics and Biotechnology is one of IBAB’s mandates
One of the many reasons that led to the setting up of IBAB was to engage in fundamental and applied research in the areas of bioinformatics and biotechnology, locate areas of commercial value, and foster entrepreneurship.
Prominent among its initial activities in this area was the incubation of an immunologist entrepreneur.
As a founding member of the National Entrepreneurship Network (NEN), the institute is now expanding its efforts in this realm. It has extended ‘company-starting assistance’ to include mentoring. In addition, there are programs for and by IBAB students.
In addition to in-house activities, a 40,000 sq. ft. incubator is coming up next to IBAB. Dr. Jitendra Kumar is the Head of this incubator.