BioVoice News September 2017 Issue 4 Volume 2 | Page 39

Dr Dhiman Sarkar and Manikankana Sarkar Bandyopadhyay with one of their research associates. BIRAC’s partner, IKP. During this time, Venture Center helped them with creating a business plan and model, and with the technology transfer process from CSIR-NCL to Annweshan. However, as is common with startups, the early days were quite chaotic and frustrating, with limited resources and finances. Among the key challenges faced by Annweshan during this initial period was a less-than-ideal lab space. “Our challenges were further compounded by the lack of an easily accessible BSL3 facility in Pune; thus, we had to spend a whooping sum for outsourcing and on travelling,” she reveals. However, after every initial struggle, there is always a silver lining, and the good part is that now the company has a concrete lab-space to work from. The founders appreciate the support of Venture Center during their initial struggle period in the form of guidance on the Bill Melinda Foundation Scheme, framing of HR and procurement policies, and negotiations and BIOVOICENEWS.COM 39