NEWS – Centre for Smart Protein and Sustainable Materials Innovation launched in Bangalore

HIGHLIGHTS

Background Information:

• Collaboration between IKP Knowledge Park and The Good Food Institute (GFI) India.
• Aimed at supporting start-ups in the smart protein and sustainable materials sector.

Objectives of the Centre

1. Support for Start-ups:
   • Infrastructure provision.
   • Access to equipment.
   • Legal and regulatory assistance.

Importance of Smart Protein in Food and Climate

• Global Shift: Recognition of the link between food and climate.
• Nutritional Security: Smart protein’s role in addressing malnutrition.
• Indian Discourse: Inclusion of smart protein discussions in Indian contexts.

Challenges and Solutions for Smart Protein Start-ups

1. Investment Challenges:
   • Limited funding for start-ups in the sector.
   • India’s potential as a biotech hub.
2. Infrastructure Needs:
   • Importance of collaboration and international partnerships.
   • Role of incubators in providing expertise and support.
3. Government and Policy:
   • Need for centralised hubs and funding programs.
   • Taxation issues and calls for fair treatment of smart protein products.