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Odisha's Chief Minister Mohan Charan Majhi announces a Rs 10 crore grant for biotech incubators to strengthen the startup ecosystem. This funding will support the establishment and expansion of bio-incubators in the state.

Sep 01, 2026•6 days ago
OdishaBiotechnology

Description

Odisha has launched a Rs 10 crore grant to enhance its biotechnology sector, focusing on building and expanding bio-incubators. This initiative aims to convert scientific research into market-ready enterprises as part of the 'Viksit Odisha' mission. Funding is divided into tracks for new and existing incubators. Notable institutions like KIIT-Technology Business Incubator and NIT Rourkela will benefit from this support.

Company Information

Company

Odisha Biotech Incubator Grant

Location

Odisha, India

About

Odisha Biotech is a government initiative aimed at fostering the biotechnology sector through the establishment of bio-incubators. It seeks to bridge the gap between laboratory research and market-ready enterprises by supporting infrastructure for translational research and entrepreneurship. The initiative forms part of the broader ‘Viksit Odisha’ mission to strengthen the state's economy. By providing grants to both new and existing biotech incubators, it aims to create a robust startup ecosystem.

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