Difference between revisions of "Team:IISc Bangalore/Entrepreneurship"

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<html>
 
<html>
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<head>
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<title>Team IISc iGem</title>
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<link rel='stylesheet prefetch' href='http://netdna.bootstrapcdn.com/font-awesome/4.2.0/css/font-awesome.css'>
  
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<div class="column full_size judges-will-not-evaluate">
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<meta name="viewport" content="width=device-width, initial-scale=1">
<h3>★  ALERT! </h3>
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  <link rel="stylesheet" href="https://maxcdn.bootstrapcdn.com/bootstrap/3.3.7/css/bootstrap.min.css">
<p>This page is used by the judges to evaluate your team for the <a href="https://2016.igem.org/Judging/Awards#SpecialPrizes">Best Supporting Entrepreneurship award</a>. </p>
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<script src="https://use.fontawesome.com/fce310c82d.js"></script>
  
<p> Delete this box in order to be evaluated for this medal. See more information at <a href="https://2016.igem.org/Judging/Pages_for_Awards/Instructions"> Instructions for Pages for awards</a>.</p>
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<link rel="stylesheet" href="https://maxcdn.bootstrapcdn.com/bootstrap/3.3.7/css/bootstrap.min.css" integrity="sha384-BVYiiSIFeK1dGmJRAkycuHAHRg32OmUcww7on3RYdg4Va+PmSTsz/K68vbdEjh4u" crossorigin="anonymous">
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          <li class="active hvr-underline-from-left"><a href="https://2016.igem.org/Team:IISc_Bangalore">Home</a></li>
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          <li class="hvr-underline-from-left"><a href="https://2016.igem.org/Team:IISc_Bangalore/Team">Team</a></li>
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<li class="dropdown"><a class="dropdown-toggle" data-toggle="dropdown" href="#">Project </a>
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        <ul class="dropdown-menu">
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          <li><a href="https://2016.igem.org/Team:IISc_Bangalore/Description">Description</a></li>
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          <li><a href="https://2016.igem.org/Team:IISc_Bangalore/Experiments">Experiments</a></li>
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          <li><a href="https://2016.igem.org/Team:IISc_Bangalore/Results">Results</a></li>
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        <li><a href="https://2016.igem.org/Team:IISc_Bangalore/Notebook">Notebook</a></li>
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          <li><a href="https://2016.igem.org/Team:IISc_Bangalore/Safety">Safety</a></li>
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        </ul>
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<li class="hvr-underline-from-left"><a href="https://2016.igem.org/Team:IISc_Bangalore/Parts">Parts</a></li>
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                <li class="hvr-underline-from-left"><a href="https://2016.igem.org/Team:IISc_Bangalore/Collaborations">Collaborations</a></li>
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<li class="dropdown"><a class="dropdown-toggle" data-toggle="dropdown" href="#">Special Prizes</a>
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          <li><a href="https://2016.igem.org/Team:IISc_Bangalore/Model">Model</a></li>
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          <li><a href="https://2016.igem.org/Team:IISc_Bangalore/Measurement">Measurement</a></li>
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          <li><a href="https://2016.igem.org/Team:IISc_Bangalore/Entrepreneurship">Entrepreneurship</a></li>
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          <li><a href="https://2016.igem.org/Team:IISc_Bangalore/Design">Applied Design</a></li>
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        </ul>
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<span class="attri hvr-bounce-to-right ">Entrepreneurship</html>
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<h2>Entrepreneurship</h2>
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<h3>Summary</h3>
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<div class="refer col-md-6">
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<p>
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We met with top government officials in the state's biotechnology department to tell them about our project. The use of Ag43 to clarify cultures and replace centrifugation is a novel procedure and we will apply for a patent on the same once preliminary experimental results concerning the same. We received ~$9,000 towards our project from the state government's biotechnology department.</p>
 +
<p>We also received ~ $15,000, the maximum prize money from the Department of Biotechnology, Government of India as our proposal was one of the winners of the Indian Bioengineering Competition (iBEC), a pre-iGEM competition to provide financial support for Indian iGEM teams.</p>
 +
<p>We also received funding of ~ $5,000 from our institution's undergraduate department towards the team registration for iGEM. This we felt was a triumph as it is our institution's first time participating in the iGEM competition and the funds were provided only when our idea was approved by the dean.
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<h3>GoK grant</h3>
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<p>
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We had a sit down on July 27th, 2016 with top officials at the Government of Karnataka’s (GoK) (the state in which our institute is located) department of Information Technology, Biotechnology and Science and Technology and presented to them our idea and its applications.</p>
 
<p>
 
<p>
In previous years, iGEM had an entrepreneurship track. Teams were encouraged to build projects and focus around commercializing their work. We have now moved to an award as the best work in this area may come from teams who are not solely focused on entrepreneurship.  
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We presented our project and its possible implementation in the government biotechnology parks which are lacking in machinery for automation and downstream processing, some of these processes can be performed by our BioBricks, which can effectively replace or supplement these expensive machines. The intent was to convince our government representatives of the need for enhancing the current government biotechnology facilities and a possible option of doing so.
 
</p>
 
</p>
 +
<p><b>
 +
The novelty of using Ag43 for clarification of cell cultures and using this to replace or supplement energy and capital expensive centrifuges and its application in conjunction with auto-induction using quorum sensing made our idea patent worthy in their opinion and hence, to continue our research, the GoK’s biotechnology department granted us ~$9,000 towards consumables for our project.
 +
</b></p>
  
<p>The Best Supporting Entrepreneurship award recognizes exceptional effort to build a business case and commercialize an iGEM project. This award is open to all teams to show that entrepreneurship is something all teams can aspire to do with their project. This award can go to an new project, or to a previous project that a team aimed to commercialize. Have you filed a provisional patent on your project/device/process? Have you raised money to build and ship products? Have you pitched your idea to investors and received money? Complete the entrepreneurship section on the 2016 Judging form and tell us what you did. As always in iGEM, the aim is to impress the judges! </p>
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<h5>Inspiration</h5>
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<p>You can look at what other teams did to get some inspiration! <br />
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Here are a few examples:</p>
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<div class="container" id="refer">
<ul>
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<div class="mid-content fadeInRight wow  animated" data-wow-delay=".5s">
<li><a href="https://2014.igem.org/Team:UCC_Ireland">2014 UCC Ireland</a></li>
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<h3>iBEC grant</h3>
<li><a href="https://2014.igem.org/Team:Imperial">2014 Imperial College London</a></li>
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</div>
<li><a href="https://2013.igem.org/Team:UCL_E">2013 University College London Entrepreneurship</a></li>
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<div class="row">
<li><a href="https://2012e.igem.org/wiki/index.php/Team:MIT_E">2012 MIT Entrepreneurship</a></li>
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<div class="refer col-md-6">
</ul>
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<p>
 +
Indian iGEM teams have been enthusiastic participants in iGEM since 2008 where the 2008 IIT Madras team participated. However, a major hindrance to Indian participation in iGEM is the large costs associated with the same. We estimated that our iGEM project would cost US$ 20,000. Such large funding is difficult for undergraduates to obtain in India, where the per capita income is approximately US\$ 6000 (GDP PPP per capita).</p>
 +
<p>
 +
In response, the Department of Biotechnology, Government of India started a new grant program for iGEM teams called <b>iBEC – Indian BioEngineering Competition</b>, in 2016. iBEC is a pre-iGEM competitive grant program for undergraduate Indian iGEM teams. The 2016 iBEC involved the submission of proposals by teams across India, of which four were selected. <b>The maximum grant per team was Rs. 1 million (US$ 15000) and we received the same amount from iBEC for participation in iGEM.</b>
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<h3>About Cellfiefuge</h3>
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<p>From IISc.</p>
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<h3>Sponsors</h3><br><br>
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Latest revision as of 00:35, 20 October 2016


Team IISc iGem

Summary

We met with top government officials in the state's biotechnology department to tell them about our project. The use of Ag43 to clarify cultures and replace centrifugation is a novel procedure and we will apply for a patent on the same once preliminary experimental results concerning the same. We received ~$9,000 towards our project from the state government's biotechnology department.

We also received ~ $15,000, the maximum prize money from the Department of Biotechnology, Government of India as our proposal was one of the winners of the Indian Bioengineering Competition (iBEC), a pre-iGEM competition to provide financial support for Indian iGEM teams.

We also received funding of ~ $5,000 from our institution's undergraduate department towards the team registration for iGEM. This we felt was a triumph as it is our institution's first time participating in the iGEM competition and the funds were provided only when our idea was approved by the dean.

GoK grant

We had a sit down on July 27th, 2016 with top officials at the Government of Karnataka’s (GoK) (the state in which our institute is located) department of Information Technology, Biotechnology and Science and Technology and presented to them our idea and its applications.

We presented our project and its possible implementation in the government biotechnology parks which are lacking in machinery for automation and downstream processing, some of these processes can be performed by our BioBricks, which can effectively replace or supplement these expensive machines. The intent was to convince our government representatives of the need for enhancing the current government biotechnology facilities and a possible option of doing so.

The novelty of using Ag43 for clarification of cell cultures and using this to replace or supplement energy and capital expensive centrifuges and its application in conjunction with auto-induction using quorum sensing made our idea patent worthy in their opinion and hence, to continue our research, the GoK’s biotechnology department granted us ~$9,000 towards consumables for our project.

iBEC grant

Indian iGEM teams have been enthusiastic participants in iGEM since 2008 where the 2008 IIT Madras team participated. However, a major hindrance to Indian participation in iGEM is the large costs associated with the same. We estimated that our iGEM project would cost US$ 20,000. Such large funding is difficult for undergraduates to obtain in India, where the per capita income is approximately US\$ 6000 (GDP PPP per capita).

In response, the Department of Biotechnology, Government of India started a new grant program for iGEM teams called iBEC – Indian BioEngineering Competition, in 2016. iBEC is a pre-iGEM competitive grant program for undergraduate Indian iGEM teams. The 2016 iBEC involved the submission of proposals by teams across India, of which four were selected. The maximum grant per team was Rs. 1 million (US$ 15000) and we received the same amount from iBEC for participation in iGEM.