logo
India–Australia bioinnovation corridor launches cross border tech accelerator

India–Australia bioinnovation corridor launches cross border tech accelerator

Time of India2 days ago
The Bangalore Bioinnovation Centre (BBC) and La Trobe University (LTU), Australia, have launched the Ind–Aus Launchpad Programme, a cross-border accelerator designed to fast-track high-potential biotech, digital health, and sustainable technology startups for global markets.The initiative builds on the Bioinnovation Exchange Corridor, established under a September 2024 MoU between the State of Victoria and the State of Karnataka. Supported by the Department of IT, BT and S&T, Government of Karnataka, and the Victorian Government, the corridor integrates the startup ecosystems of Bengaluru and Melbourne, enabling joint R&D, advanced prototyping, and rapid commercialization in sectors including digital health, sustainable agriculture, precision medicine, and environmental resilience.
The programme's first cohort of 11 Indian startups underwent an intensive 12-week pre-accelerator at BBC, combining shared lab and prototyping facilities, market access simulations, IP advisory services, and advanced TRL (Technology Readiness Level) assessments. Startups were also evaluated on Commercialization Readiness Level (CRL) and Manufacturing Readiness Level (MRL) to ensure technology viability and scalability.
Following this process, three startups were selected for a fully sponsored immersion programme at LTU's Bio Innovation Hub in Melbourne:
1. Microbeworks Scientific – Developing bioengineered microbial dyes to replace toxic synthetic dyes in textiles, with potential to reduce water contamination by up to 90%.
2. HornetBiologicals – Using RT-PCR and microarray-based genetic screening to improve livestock breeding productivity by over 30%.
3. IMRobonix – Creator of SurgiKot, India's first robotic handheld device for precision-driven minimally invasive surgeries, integrating AI-guided navigation.
The Melbourne immersion includes co-location with LTU researchers, regulatory readiness workshops, investor roundtables, and product-market feasibility studies for Australia and global markets. Over the next phase, the programme will add a one-month onsite immersion, 12-month virtual residency, and cross-border co-innovation sprints for startups from both India and Australia.
'The Ind–Aus. Launchpad operationalizes a global innovation pipeline — giving startups real-world access to R&D infrastructure, regulatory expertise, and market intelligence,' said Dr Mohamed Adil A.A, Managing Director, BBC.
'This is a two-way bridge between two leading innovation economies, designed to deliver deep-tech and digital health solutions with global relevance,' added Professor Theo Farrell, Vice-Chancellor, La Trobe University.
With global biotech expected to reach USD 3.88 trillion by 2030 (Grand View Research), and India projected to become a USD 150 billion bioeconomy by 2025, the corridor exemplifies how international innovation diplomacy can accelerate the translation of research into market-ready technologies.
By linking India's high-growth startup ecosystem with Australia's advanced research infrastructure, the Ind–Aus. Launchpad positions both economies to address shared challenges in health, sustainability, and technology-led growth.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Pakistan minister repeats claim without evidence on downing Indian jets
Pakistan minister repeats claim without evidence on downing Indian jets

Time of India

time43 minutes ago

  • Time of India

Pakistan minister repeats claim without evidence on downing Indian jets

A Pakistani minister on Sunday repeated Islamabad's earlier claim without providing details of downing six Indian jets during the four-day military conflict between the two sides in May. Independence Day 2025 Modi signals new push for tech independence with local chips Before Trump, British used tariffs to kill Indian textile Bank of Azad Hind: When Netaji Subhas Chandra Bose gave India its own currency India's Chief of Defence Staff Gen Anil Chauhan, speaking in Singapore on May 31, had flatly rejected as "absolutely incorrect" Pakistan's claim of bringing down six Indian jets. In his remarks at a seminar, Pakistani Interior Minister Mohsin Naqvi said Islamabad chose not to make any formal announcement on it until "concrete evidence" is collected. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Undo In his comments, Gen Chauhan had said that India suffered losses of aircraft but did not specify the number. India's Chief of Air Staff Air Chief Marshal AP Singh earlier this month said that India shot down five Pakistani fighter jets and a large aircraft. Live Events "Although the radar data had confirmed the downing of the Indian aircraft, Pakistan chose not to make any announcement until concrete evidence is in hand. We have video footage of all six Indian planes which were shot down," Naqvi said. However, he did not clarify when Pakistan plans to bring forth the evidence publicly. The minister further said during this conflict Pakistan had full knowledge of the enemy's planning like what aircraft they would use. "Whatever strategy India devised, we learned about it in time," he boasted. He also claimed that none of Pakistan's critical assets were damaged during India's missile attack on its seven airbases.

Shubhanshu Shukla accorded warm welcome at IGI by Dr Jitendra Singh, Delhi CM & ISRO chairman
Shubhanshu Shukla accorded warm welcome at IGI by Dr Jitendra Singh, Delhi CM & ISRO chairman

United News of India

timean hour ago

  • United News of India

Shubhanshu Shukla accorded warm welcome at IGI by Dr Jitendra Singh, Delhi CM & ISRO chairman

New Delhi, Aug 17 (UNI) Astronaut Group Captain (IAF) Shubhanshu Shukla during early hours of Sunday was accorded a rousing welcome at Indira Gandhi International Airport in the national capital upon his return to the nation. Citizens carrying tricolor, Union Minister Jitendra Singh, Delhi CM Rekha Gupta, ISRO Chairman V Narayanan, along with others received Shukla at the airport in a bid to celebrate his return after the historic journey from space. Minister Singh taking to social media expressed, " A moment of pride for India! A moment of glory for ISRO! A moment of gratitude to the dispensation that facilitated this under the leadership of PM Narendra Modi. India's Space Glory touches the Indian soil… as the iconic son of Mother India, Shubhanshu Shukla lands at Delhi in the early hours of morning today." SIngh added, "Accompanying him, another equally accomplished Group Captain Prasanth Balakrishnan Nair, one of the astronauts selected for India's first Human mission Gaganyaan who was India's designated backup for the mission to the International Space Station. Privileged to receive both of them at the New Delhi Airport along with Delhi CM Smt. Rekha Gupta." People welcomed him with drums, flowers and hailed his achievement as a proud moment for the entire nation. Shukla, after concluding his historic journey to the International Space Station (ISS), returned to the planet in July. He is the second Indian to travel to space after Rakesh Sharma, who went on a space mission in 1984. Shukla's mission where he represented the Indian Space Research Organisation (ISRO), and the learning from the same will contribute to the country's future space research and missions. Earlier while boarding the plane to India, taking to social media platform X, Shukla wrote, " As I sit on the plane to come back to India I have a mix of emotions running through my heart. I feel sad leaving a fantastic group of people behind who were my friends and family for the past one year during this mission. I am also excited about meeting all my friends, family and everyone in the country for the first time post mission. I guess this is what life is - everything all at once. Having received incredible love and support from everyone during and after the mission I can't wait to come back to India to share my experiences with all of you." UNI APS GNK

Opportunities, challenges in the path of deep-tech startups
Opportunities, challenges in the path of deep-tech startups

Time of India

timean hour ago

  • Time of India

Opportunities, challenges in the path of deep-tech startups

The promise of 'deep-tech' startups for the growth of both the high-tech sector and the economy has been recognised. Building on IP generated from research over years, such startups come with a strong innovative moat that helps ringfence competitive advantage and scale growth internationally. This is reinforced by the success of startups such as Grey Orange, Addverb, Cynlr, Ather, Mindgrove, and Agnikul closer home to IIT-M. Startups from my own group including Planys, Solinas, Xyma, Plenome have held out this promise, delivering new solutions where none existed or disrupting existing markets in phygital infra asset maintenance. However deep-tech startup founders face significant challenges at nascent and growth stages. At the growth stage, the key challenge is underestimating time required for product development as opposed to proof of concept (POC). Most R&D funds today tend to be allocated to demonstrating POC. However, turning a POC into a field-deployable product takes testing, validation and redesign based on end-user feedback and it takes a couple of years. Hurdles include non-availability of resources for standardization, reliability estimation, and ergonomic considerations. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Could This NEW Collagen Blend Finally Reduce Your Cellulite? Vitauthority Learn More Undo The role of pre-incubators, incubators and venture studio-like settings, especially those within or connected to universities, becomes important. They provide founders the space and resources to build deep science-based solutions, and they can support them through product creation, providing grants and dedicated mentoring, as well as access to end-users and industry partners. Every new segment entry would require a similar process, and this hampers product development, as the Indian market tends to be customisation-heavy. Founders face a dilemma as spend on product development may not immediately translate into business and revenues. Govt policy becomes crucial here. More grants dedicated to scale-up and translational research as well as industry incentives can help startup founders. You Can Also Check: Chennai AQI | Weather in Chennai | Bank Holidays in Chennai | Public Holidays in Chennai | Gold Rates Today in Chennai | Silver Rates Today in Chennai There is a need for facilities for accelerated product testing for startups to develop reliability metrics such as mean time between failures (MTBF). There is also a need for agencies dedicated to certification and standardization; creation of a resource base to understand standards and certifications relevant to an industry segment. There could be programmes where targeted end-users are brought in to provide pilots to promising deep tech start-ups, post the success of which they could get full-fledged orders. At the scale-up stage, founders have to encounter a 'wall of resistance' in the form of a trust-deficit for new solutions, products or processes in the face of well-entrenched existing approaches. Many of these issues are relevant to Tamil Nadu, home to industry majors, MNC back-offices and GCCs. While emphasis is given to the north, thanks to Chennai, there is much interest for startups to connect with industries and users in Trichy, Madurai, and Coimbatore. Access to govt schemes, resources, and funding has improved under initiatives such as Startup TN, but this needs more systemic attention. The state is ideally poised for supporting startups with 'go to market', industry, pilot, and scale-up initiatives. With Tamil Nadu industrial development corporation (TIDCO) and Tamil Nadu infrastructure fund management corporation (TNIFMC), the state can do much to support deep tech startups through specific interventions in impact funding. Creation of state level facilities for product testing and standardisation would be a big boon for startups. More creation of agencies to collate information about certification and enabling rapid processing of applications for them would also be helpful. Tamil Nadu hosts several companies manufacturing everything from automobiles to electronics. Specific targeted initiatives, exposing them to deep tech start-ups from the state could be a win-win strategy. The writer is head, school of innovation & entrepreneurship, IIT Madras Stay updated with the latest local news from your city on Times of India (TOI). Check upcoming bank holidays , public holidays , and current gold rates and silver prices in your area.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store