Science Parks Facilities
Science & Technology Entrepreneurship Park (STEP):
The Science Parks and similar initiatives help in creating an atmosphere for innovation and entrepreneurship; for active interaction between academic institutions and industries for sharing ideas, knowledge, experience and facilities for the development of new technologies and their rapid transfer to the end user.
Biotech Parks are facilities created mainly to promote tiny, small and medium biotech entrepreneurs. The Biotechnology Parks and Biotech Incubation Centres provided a good template for the promotion of Biotech startup companies and the promotion of Public Private Partnerships.