The project was sanctioned at a total Project Cost of Rs 32.26 Cr; with KBITS contribution of Rs 17.81 Cr and DBT Contribution of Rs 14.45 Cr. The project was sanctioned in 2005 for a period of 3 years.
Civil Construction (Nirmithi Kendra) is 80% (appx.) complete with 25 Incubation suites ranging from 200 sq.ft to 700 sq.ft. Also includes Common Instrumentation facility, Mammalian and Plant tissue culture, Dark room/Cold room/Utilities, Animal house/Chemical store, Cafeteria/Meeting rooms/Conference rooms etc.
Process has started for separate Entity (section 25 Co) to be formed. To operationalize within 6 months’ time. Project Management Committee (PMC) and Technical Advisory and Resource group formed (TARG).
Services include plug-and-play, infrastructure lab space and common equipments, high end equipments and facilities, mentorship, funding, networking, branding, legal, finance and accounting.
Role in Cluster Development
Facilitate Bio Helix Park Development by attracting big and medium sized companies
Linkages with Public R&D and academic Institutions- IBAB, CHG
Advocacy and policy research
Creation of value networks
The centre has 21 common instrumentation facilities. Also have 18 resident incubatees and 3 incubatees graduated.