BioAsia 2023 to feature Startup Innovation Zone from Feb 24-26 in Hyderabad

Hyderabad, Feb 16 (KNN) BioAsia 2023 is scheduled to happen in Hyderabad from February 24 to 26 and host ‘Innovation Zone’ for startups which enables a platform for promising startups in the healthcare and life sciences ecosystems.

It is being organized by the State government of Telangana and will host the Startup Stage Pavilion and the Incubator Pavilion that hatches innovation and investment opportunities.

With its commitment to driving innovation, the 75+ short-listed startups are being given participation fee waivers in addition to a free display booth.

The event aims to provide a global stage to promising startups focused on the pharma, biotech, life sciences, health-tech and med-tech sectors.

Jayesh Ranjan, IAS, Principal Secretary, I&C and IT, Government of Telangana commented, “Telangana is the proud home for this year’s “Innovation Zone”, which presents an enormous opportunity for distinctive startups. Hyderabad has already proved its competency as a robust IT hub and we have a lot of technology startups solving issues like simplifying biostatistical analysis, AI-based virtual triaging solutions, and Deep Tech Bioprinters, among more innovative work in the field.”

These startups will be provided space to showcase their invocation at the exhibition.

The scrutinization of the applications was based on peculiarity, affordability, and the idea/product’s ability to fulfil the demand.

PE and VC firms, investment banks, and angel investors have been invited to the event and budding startups will be given the possible opportunity to network and explore potential collaborations.

The participating startups will be provided access to all conferences and insightful sessions along with an opportunity to network with the industry leaders of global life sciences.

In due course, five startups will be selected by the jury panel to exhibit at the main BioAsia Valedictory session and will also be given exclusive pitch time for each team.

They will also be handed over a cash prize along with credits for Amazon cloud. The Startup stage is being organized in partnership with Tech Mahindra and BIRAC, Government of India.  (KNN Bureau)