TERI To Establish Incubation Centre For Biotech Solutions In Odisha

The Energy and Resources Institute (TERI), one of India’s biggest think-tanks, is on course to set up an industrial incubation facility of TERI-Deakin Nanobiotechnology Research Centre, in Odisha. This unit will aid in developing biotechnology solutions to address issues affecting agriculture, environment and energy.

Expressing his views on the development, Alok Adholeya, senior director (sustainable agriculture), TERI said “The Odisha government is making significant efforts to promote innovation, and latest effort being launching of the Odisha Biotechnology Policy-2018 that is based on three key pillars– innovation, entrepreneurship and investment. The TERI-Deakin Nanobiotechnology Research Centre (TDNBC) offers to participate and to support the state government’s vision to promote and to assist further in implementing innovation and translational research.”

The TERI-Deakin partnership was established to develop innovative nanobiotechnology-based solutions to tackle the challenges faced in the field of agriculture and environment. It has turned out to be a perfect blend with TERI’s expertise in agriculture, biotechnology, green energy, bio-remediation and nanotechnology and Deakin’s know-how in material, chemical and physical sciences.

The start-ups coming up at the incubation facility will have access to advanced equipment and co-working spaces to accelerate the development of technology. Entrepreneurs will also receive proper guidance from experts in the field of biotechnology.