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What we offer Our Impact Our Start-ups Announcements & Events Contact MenuWhat we offer Our Impact Our Start-ups Announcements & Events Contact Seeding tomorrow’s enterprises today 15 proud years of service to the nation. We nurture technology and knowledge-based enterprises for India by leveraging the scientific and engineering competencies of the institutions in the region. Learn more About Venture Center Venture Center is India’s award winning, leading technology business incubator for science and technology startups. We offer a full suite of programs, services, resources and facilities to support our entrepreneurs. Although we specialize in supporting early-stage startups, we work with businesses at all stages, helping both startups and established companies develop and grow. Venture Center (registered trademark) was founded in 2007 as an initiative of CSIR’s National Chemical Laboratory. Venture Center was incorporated as Entrepreneurship Development Center” under Section 25 of the Companies Act, 1956 (now Section 8 under the Companies Act, 2013). Venture Center is an approved incubator of the National Science and Technology Entrepreneurship Development Board of the Department of Science and Technology, Government of India (DST-NSTEDB). Watch our corporate video Read more Our Mission & Vision CORE PURPOSE To nucleate and nurture technology and knowledge-based enterprises for India by leveraging the scientific and engineering competencies of the institutions in the region. ENVISIONED FUTURE To be the organization that will be credited with creating, shaping and sustaining a Pune cluster” of innovative technology businesses with a significant economic impact regionally, nationally and globally within the next 20 years (Venture Center was founded on 10th Jan 2007). Venture Center Milestones 2006-2013 2006 Inauguration of physical facilities at 100 NCL Innovation Park by Prof. Sir Richard Friend in the presence of Dr. R.A. Mashelkar and Dr. S. Sivaram. 2007 Incorporation of Entrepreneurship Development Center” with Dr. V. Premnath and Dr. S. Sivaram as Founding Directors. 2007 Signing of MoU with DST-NSTEDB for creation and funding of the technology business incubator. 2010 Fully functional shared scientific facilities operational at Venture Center 2011 Signing of Lab2Mkt agreement with CSIR-NCL for the creation of spin-off entities. 2013 Venture Center appointed as a Biotechnology Ignition Grant Partner by BIRAC. 2014-2017 2014 -Launch of the Social Innovation Immersion Program (SIIP) at Venture Center. -Incorporation of the first company under the Lab2Mkt program (Module Innovations). 2015 – Formal inauguration of the BioIncubator by Prof. Vijay Raghavan ovations). – Inauguration of Tinkering Lab by Dr. Satya Dash. – Chosen as the National Implementation Partner for NIDHI – EIR. 2016 -Received the National Award for TBI 2015 from the Honorable President of India. -Selected for DST’s NIDHI Centre of Excellence status and funding support. -Chosen as the National Implementation Partner for NIDHI – EIR. 2017 – Inauguration of DST-Prayashala by Dr. Ashutosh Sharma, Secretary, DST. – Inauguration of BioIncubator Phase 2 by Dr. Renu Swarup, MD, BIRAC. 2018-2021 2018 -Formal launch of BIRAC Regional Bioinnovation Center -Received the AABI Award for Incubator of the Year 2019 -Received the National Entrepreneurship Award 2019 under the Ecosystem Builder Category -Approval from National Biopharma Mission (NBM) for Centre for Biopharma Analysis 2020 -Received approval from NBM for Regional Tech Transfer Office (TechEx.in) -The Center for Biopharma Analysis (CBA) supported by NBM was inaugurated virtually by Secretary, DBT, Dr Renu Swarup -Venture Center was the Nerve Center for TFORD-COVID19-India (Task Force on Repurposing of Drugs for COVID19) set up by office of Principal Scientific Adviser (PSA) 2021 – Venture Center is a Certified Public Charity in Equivalency Determination done by NGO Source What We Offer Creating a science-based startup is a challenging and long journey. In particular, the first steps can be crucial in ensuring that a young company is on the right path towards success. Venture Center provides early-stage entrepreneurs with access to world-class knowledge and resources that they need to grow their businesses and create impact. The rich technology innovation ecosystem at Venture Center includes infrastructural facilities such as laboratory spaces and specialized scientific facilities, unique resource centers such as a technology transfer hub, a regulatory information facilitation center, an ISO-certified medtech clean room. We also offer ample funding, internal mentoring capabilities, as well as giving entrepreneurs access to our 250+ strong network of mentors and subject matter experts. Programs Venture Center is the partner for the following programs of BIRAC, DST, Atal Innovation Mission, and MeiTY BIRAC BIG NIDHI EIR – PEP AIM PRIME DST NIDHI PRAYAS Investor Readiness Program MeitY SAMRIDH Accelerator Resources and Facilities Entrepreneurs can benefit from the following specialized and unique resource centers and facilities Center for Biopharma Analysis Protoshop TechEx – tech transfer hub NIDHI Center of Excellence Mass Spectrometry Facility BIRAC Regional Bioinnovation Center BIRAC BioNest ISO-certified MedTech Clean Room Services Fact sheets, eligibility, and pricing for our services Advisory and Mentoring Infrastructure Support Scientific & Prototyping Support Networking & Events Funding Venture Center offers a variety of funding options to startups with new and meritorious ideas, innovations and technologies NIDHI Seed Support Scheme BIRAC SEED Fund BIRAC LEAP Fund CSR Grants and Fellowships Funding Database Our Impact 650+ Entrepreneurs supported till date 85% of our startups are still active ₹ 500 Cr+ Total risk capital mobilized by our startups in the last 6 years ₹ 1000 Cr+ Total revenue generated by our startups in the last 6 years 700+ Direct employees of current resident and associate incubatees 76+ Technologies already launched in the market Read more Our Startups Venture Center has supported 650+ entrepreneurs till date, with over 70+ resident incubatees physically incubated within the NCL innovation park. Our startups are working on path breaking, first-of-its-kind technology innovations, and we are thrilled to be backing some of the most promising innovations and startups of the future. Over 50% of our startups are working on health technologies, 16% startups are working on clean tech, environment, and sustainability solutions, with 14% of our startups working in the agriculture sector. Over 75 of our startup products and services have already been launched and are in the market. Read more In the News Startup Feature | August 2022 Pacify Medical and Biodimension Technologies feature in the July-August issue of IIT Madras’ Shaastra magazine Read more Startup Feature | August 2022 Oncodiscover from Actorius Innovations is featured in the Hindustan Times Read more Announcements Funding | Deadline: 16 August 2022 Inviting applications for BIRAC’s Biotechnology Ignition Grant Funding up to Rs. 50 lakh Read more Funding | Deadline: 15 August 2022 Inviting applications from digital tech startups for the 6-month SAMRIDH accelerator program Read more New Partnership Venture Center selected to host the west zone chapter of the Association of Biotechnology Led Enterprises (ABLE) Read more Venture Center News Venture Center Bioincubator ranks No.1 among 40 bioincubators in pan-India Biospectrum Survey Read more Upcoming Events NIDHI CoE Event | 30 May 2022 Social Entrepreneurship in India: The Mindset to make Money with Impact Know more TechEx.In Event | 01 June 2022 Translation of Healthcare Innovations: Lessons Learned from the US and Emory University Read more Social Innovations Workshop | 1-2 June 2022 Crafting a winning Go-to-Market Strategy Read more Testimonials Venture Center has helped us immensely by providing us...