Q. Which of the following statement about BioNEST Scheme is correct?
Red Book
Red Book

[A] BioNEST stands for Bio-Incubators Nurturing Entrepreneurship for Scaling Technologies.

[B] Its aim is to inhibit the biotech innovation ecosystem in the country.

[C] It has been launched by Biotechnology Industry Research Assistance Council (BIRAC).

[D] Both (a) and (c)

Answer: D
Notes:

BioNEST Scheme:

  • BioNEST stands for Bio-Incubators Nurturing Entrepreneurship for Scaling Technologies.
  • It has been launched by Biotechnology Industry Research Assistance Council (BIRAC).
  • Its aim is to foster the biotech innovation ecosystem in the country by creating globally competent bio-incubation facilities across the country.

Source: EPIC May 2022

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