Bio-RIDE Scheme Approved: A Leap for Bio-Entrepreneurship and Sustainable Biomanufacturing

Wednesday, 18 September 2024, 23:40

Bio-RIDE scheme is a groundbreaking initiative approved by the Cabinet to advance bio-entrepreneurship and strengthen the bioeconomy. This initiative is designed to boost India's ambitions for a USD 300 billion bioeconomy by 2030. By creating opportunities in sustainable biomanufacturing, it paves the way for skill development and a robust circular bioeconomy.

Krishijagran — Bio-RIDE Scheme Approved: A Leap for Bio-Entrepreneurship and Sustainable Biomanufacturing

Boosting Bio-Entrepreneurship Through Bio-RIDE Scheme

The bio-ride scheme plays a pivotal role in enhancing bio-entrepreneurship in India. By offering a framework for innovation and supporting sustainable biomanufacturing, this initiative aims to transform the country into a leader in the bioeconomy.

Key Features of the Bio-RIDE Scheme

Emphasizes skill development for budding entrepreneurs.
Supports biomanufacturing efforts contributing to the circular-bioeconomy.
Aims to help India achieve its USD 300 billion bioeconomy target by 2030.

Impact on the Bioeconomy

The bio-ride scheme is expected to not just facilitate bio-entrepreneurship but also activate various sectors within the economy. By fostering innovation, it encourages biomanufacturing practices that are sustainable and environmentally friendly.

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.