There are various
advantages for entrepreneurs to have an institutional base and/or
affiliation, and these are provided by IBAB. Dr. N. Jayasuryan, CEO of
the start-up company Microtest Innovations Pvt. was the
first entrepreneur to be incubated by IBAB. Cellworks Group Inc. has also
availed of IBAB's incubation facilities and their website can be viewed
here. Simbiosys Biowares
and Novozymes R&D were also incubated . The latest companies to be
incuated by IBAB are BioCOS Life Sciences, Ixora Biosciences and
Life Sciences Pvt Ltd and MIR Life Sciences.
Some IBAB alumni have gone on to become entrepreneurs. Savitha Ananth
started her own company, Genbios, which is being virtually
incubated by IBAB. Other alumni also have young companies.