DPSRU Innovation and Incubation Foundation

In their own words

About DIIF : DPSRU Innovation and Incubation Foundation, also known as DIIF, is an initiative of the Delhi Pharmaceutical Sciences and Research University (DPSRU) located in New Delhi, India. The foundation aims to promote innovation, entrepreneurship, and technology transfer in the pharmaceutical and healthcare sectors. The DPSRU IIF provides a platform for students, researchers, and professionals to explore innovative ideas, develop entrepreneurial skills, and translate their ideas into viable business ventures. It supports and nurtures start-ups and early-stage companies in the pharmaceutical and healthcare domains by providing various resources, mentorship, networking opportunities, and access to funding. The foundation encourages interdisciplinary collaborations and facilitates the transfer of knowledge and technology between academia, industry, and the public sector. It organizes workshops, seminars, and training programs to foster an entrepreneurial mindset among students and researchers. DIIF also assists in intellectual property protection, market research, and commercialization strategies for innovative projects. By establishing a vibrant ecosystem of innovation and entrepreneurship, DIIF aims to contribute to the growth and development of the pharmaceutical and healthcare sectors in India. It plays a crucial role in fostering a culture of innovation, supporting start-ups, and driving economic growth through the commercialization of innovative ideas and technologies Key highlights • 22 start-ups mentored and supported • BIRAC support BioNest Incubator focused on Formulation and Validation. • DTTE supported Incubation centre • 55 lakhs worth seed fund support given to start-ups • Industry sponsored research facilities • 50+ events and workshops conducted • 2 granted patents by Incubatee start-ups • 7 products commercialized • Start-ups have raised more than 7.5 Cr in grant in aid and equity • 6.5cr Funding from BIRAC and DTTE for Incubation support Research Facilities DIIF Offers incubate start-ups, academic collaborators and industries to avail its research facilities to carry out scientific and industrial research in healthcare, pharma and allied domains. Currently following instruments are commissioned at DIIF premises. • High Performance Thin Layer Chromatography • High Performance Liquid Chromatography • 3D Printer • Spectro-fluorometer • Trinocular microscope • Particle Sizing System • Drug Dissolution Apparatus • Heavy duty refrigerated centrifuge • Analytical Balances and Autoclave • Dedicated 1000+ sq.feet space for upcoming BioNEST Formulation & Testing Lab • Access to research facilities of DPSRU Administrative Facilities • Office space • Fully wi-fi incubation space • Community spaces like training room, two board rooms and recreation areas • Video conferencing facility Business Development Support • Training sessions in IPR, business management, technology management, fundraising, scaling, proposal writing. • Customized mentorship sessions based on the need of the incubates • Technology transfer assistance • Support in identifying and applying for Government grants • Investment sessions • Interactive sessions amongst the incubates

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