The Odisha Biotechnology Policy 2018 aims at prioritizing the thrust areas for basic as well as applied research and technology development with industry-academia-social interface. The Policy provides fiscal & non fiscal incentives, marketing assistance for development of the sector.
The Government of Odisha shall encourage Universities/Institutions/Agencies to establish Biotechnology Enterprises and Skill Development Schools and conduct specialized short-term courses I business management, entrepreneurship development, bio-safety, bio-ethics and intellectual property rights. to enhance the competitiveness. The Government will set up incubators either it's own or in partnership with private sector.
The Government of Odisha will extend financial support to universities, industries and research institutes for protection of intellectual Property Rights through filing of patents.
Government of Odisha has set up an Industrial Infrastructure Development Fund with an initial corpus of Rs.100 crore to be utilized for development of quality infrastructure.
The Entrepreneur can choose to avail a particular incentive under either this policy, IPR or any other sectoral policy.
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| Research & Development |
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| Promotional Assistance |
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| Marketing Assistance |
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| Self-certification and Compliance |
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