Biotechnology Research Innovation and Entrepreneurship Development Gets a Boost with Bio-RIDE Scheme Approval

Wednesday, 18 September 2024, 05:43

Biotechnology research innovation and entrepreneurship development receive significant support as the Union Cabinet approves the Bio-RIDE scheme. This initiative aims to enhance R&D productivity and foster industrial and entrepreneurial growth in India. With a substantial budget of ₹9,197 crore, the scheme prioritizes advancements in biotechnology, driving a wave of new opportunities.
Thehindu
Biotechnology Research Innovation and Entrepreneurship Development Gets a Boost with Bio-RIDE Scheme Approval

Biotechnology Research Innovation and Entrepreneurship Development: The Bio-RIDE Scheme

The Union Cabinet's recent approval of the Bio-RIDE scheme marks a crucial step towards advancing biotechnology research innovation and entrepreneurship development in India.

Key Highlights of the Bio-RIDE Scheme

  • Approval by the Union Cabinet aims to enhance biotechnology research.
  • The initiative includes an allocation of ₹9,197 crore.
  • Focus on entrepreneurship development alongside R&D.
  • Part of India's extensive biotechnology schemes.

Goals and Objectives

  1. Increase efficiency in biotechnology research and development.
  2. Support for industrial and entrepreneurship development.
  3. Encourage innovative solutions within the biotechnology sector.

For more insights and detailed information on the Bio-RIDE scheme, please visit the source.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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