IKP and GFI India Partner to Launch Smart Protein Innovation Centre

NewDelhi, twenty seventh May, 2024:IKPKnowledgePark, Bengaluru, amainscience and expertise hub, in collaboration with The Good Food InstituteIndia(GFIIndia), the central skilled organisation, thought chief, and convening physique within the Indian variousproteinsector, introduced the institution ofIndia‘s first-ever CentreforSmartProteinand Sustainable MaterialInnovationin Bengaluru at this time.This groundbreaking initiative is the result of an MoU signed between the 2 organisations final 12 months, geared toward supportinggoodproteinstartups with incubation and product growth. The newly launched facility is designed to empower Indiangoodproteinstartups by offering them entry to state-of-the-art gear and skilled mentorship, devoted to nurturing early-stage concepts ingoodproteininnovation.

Located within the coronary heart of Koramangala, thiscentreis absolutely geared up to help startups specializing in fermentation-based, plant-based, and cultivatedproteinmerchandise and substances. The facility boasts an array of state-of-the-art gear, together with biosafety cupboards, shaker incubators, freezers, homogenizers, and two ISO7-clean rooms. Now open for memberships, thecentrecan assist up to 20 startups that may avail themselves of round the clock entry to thecentre‘s assets and facilities.

The launch included the revealing ofGFIIndiaandIKP’s report titled ‘Incubation Support for a ThrivingSmartProteinEcosystem’. The report emphasizes the significance of a robust incubation ecosystem for startups engaged on modern options throughout the worth chain within the plant-based, fermented, and cultivatedproteinsectors. Capturing challenges confronted by entrepreneurs and innovators first-hand, the report makes concrete suggestions to information public and non-public gamers trying to incubategoodproteincorporations.

During the launch of this one-of-a-kind innovationcentre,Deepanwita Chattopadhyay, Chairperson and CEO ofIKPKnowledgePark, mentioned, “Today, as we inaugurate the CentreforSmartProteinand Sustainable MaterialInnovationatIKPKnowledgePark, we’re enthused by the expansion and potential of thegoodproteinstartups which have already made revolutionary R&D strides regardless of the dearth of ecosystem assist. This dawn sector inIndiaholds immense promise, and with the fitting assist, it has the potential to emerge as a world chief.India’s distinctive scientific expertise and manufacturing prowess give a headstart in constructing a transformative business with the potential to guarantee meals safety for all.”

Speaking on the occasion,Sneha Singh, Acting Managing Director,GFIIndia, mentioned,“We are very excited to collaborate withIKPin taking this subsequent step in direction ofgoodproteinecosystem constructing. With 113+ startups engaged on creating sustainable alternate options to animal-sourcedprotein, there’s a clear alternative and want for breakthrough improvements throughout the worth chain. We are grateful toIKP for recognising the sector’s potential and creating a sturdy platform to plug gaps in infrastructure, specialised steerage, and commercialization. Together with the fitting companions,GFIIndia is dedicated to constructing pioneering goodproteinapplied sciences that may have far-reaching impacts onIndia’s agriculture, local weather change adaptation, diet safety, and financial progress.”

To foster the expansion of startups incubated on thecentre,IKPis providing top-tier mentorship applications within the technical, mental property, regulatory, advertising and marketing, and enterprise technique domains. These applications purpose to handhold and present complete assist to innovators and startups incubating on thecentre. Dedicated to accelerating the expansion of thegoodproteinsector,IKPcan be actively elevating funds to develop thecentre’s capabilities and providers.