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Young aspiring entrepreneurs discuss their ideas during break!
of Karnataka praised the
efforts of ABLE. “ABLE
has turned 15 and it has
done well to take care of
interests of the biotech
community, he said while
adding that biotechnology
has to be communicated
appropriately. “A policy
document is a must
and proud to say that
Karnataka was the first
state to do that. We
are now working with
ABLE to launch the 3rd
version of the policy.”
In his inspiring talk, Dr K
K Narayanan, Managing
48
BioVoiceNews | April 2017
Director, Metahelix Life
Sciences advised the
startups that they must
never fear taking risks.
“Mistake is not equivalent
to failure. It is a stepping
stone towards success.
However, it is important
to know what are you
taking the risk for? You
must do the groundwork.
Identify the unmet needs
and devise solutions that
are cost effective yet not
cheap,” he elaborated.
Mr D A Prasanna.
Chairman and Managing
Director, Ecron Acunova
suggested that startups
must look for like minded
individuals working
successfully in mid or top
level companies as co-
founders or investors. “Lot
of mid-stage employees
are interested in starting
up a firm but are unable to
do so. But they might get
interested in an already
germinated idea and be
ready to come on board of
such startups. Those ways
the startups don’t event
have to look for VCs for
some time besides it will
add up to their company’s
profile,” mentioned Mr