CCMB launches iHub for medical, agri-biotech start-ups

After having T-Hub (Telangana Hub) as India’s largest incubator for startups, Hyderabad has another Innovation Hub (iHub) to promote start-ups in the fields of medical and agricultural biotechnology.

The Council of Scientific and Industrial Research – Centre for Cellular and Molecular Biology (CSIR-CCMB) have launched this innovation hub.

The iHub is a five-storey building with advanced laboratory equipment for research and innovation.

The 40,000-sq ft incubation center will house more than five start-ups per floor. It will offer a platform for translating ideas into technologies and provides a place for start-ups that seek to commercialise medical and agricultural biotechnology, said Rakesh Mishra, Director of CCMB.

Source: Business Standard