The second seminar of the Biopreneur camp series was held in S P. University, Vallabh Vidyanagar (VVN) on the 10th of November 2010 in collaboration with the pharmaceutical department of S P University headed by Dr. Rawal. The 100+ students audience from Life science degrees offered in different colleges in VVN were present. Dr. V.S. Patel, former vice-chancellor of the university was kind enough to take his time out to speak to the students about the latest advancement in science.
Presentations
Dr. Rawal (S P University) – Head of Dept. of Pharmaceuticals
· Pharmaceuticals Department efforts to foster innovation
· Importance of innovation in today’s research
· Other efforts of the department
Mr. A. N. Bhadalkar (GSBTM) – Sector Specialist
· Scope of Biotechnology in India compared to rest of the world.
· DBT spends Rs. 1000 Cr. every year on promotion of Biotechnology.
· UK welcome trust invests 30 million in R&D
· Biotech park initiates such as Biotech park Vadodara, which will include technology business incubator.
· Subject knowledge is vital before entering into technology venture.
· Importance to be given to both technology and entrepreneurship.
· Government schemes and incubators available for budding entrepreneurs.
· Strengthen the universities to promote entrepreneurship at an early stage.
· Industry partnership programme
· EDI and Entrepreneurship Development centre (South Gujarat Chamber of Commerce) link up.
· GSBTM has a list of technologies, which are available for public.
Mr. Mihir Joshi (GVFL) – MD
· Money restricts new ventures to be born, however in the current scenario for a good business/idea financing is not the issue.
· Spoke about different stages of financing. (Seed, Start-up, First round, Second Round and Bridge/Mezzanine funding)
· The role of GVFL as a venture capitalist and the process GVFL follows to select new businesses to fund.
· Value addition to business by consulting, handholding linking with government schemes, budgeting and participating in board meetings.
· Many companies which approach lack a business model
· Biotech fund only exists in Gujarat.
Mr. Pankaniya (Shree Care) MD
· His company story
· Discussed his strategies and market
· Hurdles faced during this intial years
· Importance of branding and customer relationship
· Currently supplies fermenter to universities only.
Mrs. Shriya (SkyQuest) CEO
· Discussed strategies for competitive advantage.
· Ways to protect technology and IPR
· Licensing
· Importance and steps for technology transfer.
· Showed a video on entrepreneurship.
Mr. Balajee (Foundation for MSME Clusters) CDA
· DST PIC Initiative
· Promoting Biopreneurs course in EDI
· Other initiatives to foster innovation
Pictures can be viewed on
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