Objective

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.

Ease of Doing Business

• Single window clearance system with a clear time lines for project approvals and guidance
• Online system for submission of application forms for various clearances and tracking of the application
• Self Certification and Compliance Incentives

Research & Development, Human Resources & Skill Development

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.

Industrial Infrastructure Development Fund

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.

Fiscal and Non-Fiscal incentives

The Entrepreneur can choose to avail a particular incentive under either this policy, IPR or any other sectoral policy.

Operational Guidelines

• Operational guideline for Establishment of Center of Excellence in Biotechnology
• Operational guidelines for providing Financial Support to Set up or Upgrade Biotechnology Incubators