Bioinformatics and biotechnology have vast potential in a country like India. As fledgling sectors with tremendous entrepreneurial potential, IBAB seeks to guide and inform young talent so that in future, as mature professionals, they may be able to locate ideas with commercial value
IBAB’s efforts to mould its students take the shape of:
- MSc students can take a 4-credit open-elective course on ‘Introduction to Intellectual Property Rights’ during their third semester.
- Events and guest lectures: Entrepreneurs from different industries talk to students at different times during their time on campus. Illustratively, a large event, StartUpBio-2017 brought some of the best start-ups in the country to campus in April 2017.
- Mentoring: Strong faculty mentoring of student entrepreneurs. Any student who has an interest in forming a company is free to meet faculty at any time. This mentorship continues after the student has graduated, and even after a company is registered.
- Incubation: IBAB currently hosts 8 companies on its premises. These serve as inspiration to our students, for the future.
- Networking: IBAB faculty help students network with influential professionals as they pursue their dreams of starting or growing their companies.
- Research in innovation and entrepreneurship: IBAB faculty are also involved in research that relates to innovation and entrepreneurship. Students who are interested can work with the relevant faculty after they graduate. Several students have done so.
The impact of these entrepreneurship activities is already visible:
Greater awareness: Students are much more aware of entrepreneurship as a possible option for them in the future. We believe that this will translate into being part of starting teams, or founding their own companies in the years to come.
Work choice: Several students exercise job options that will give them useful experience for when they wish to start companies in future.