Abstract
Industrial Biotechnology is concerned with the sustainable production of
materials from renewable sources. It is one of the widely recognized fields of
biotechnology as it is associated with a decreased utilization of energy sources and
reduced emission of greenhouse gases and its popularity in terms of economic value in
recent years. With such concerns, the current chapter provides an insight into the
opportunities for building start-ups and research scope in the field of Industrial
Biotechnology and focuses on the various opportunities for initiating a start-up related
to the field of Industrial Biotechnology. Moreover, it highlights the attractive
approaches for setting up and developing the start-ups and government schemes
associated with them. The scope of research and various research opportunities for
students and scholars are highlighted in the field of Industrial Biotechnology. Since
entrepreneurship based on innovation has immense potential in any field, the chapter
highlights the essential entrepreneurial skills and various innovations happening in this
era of Industrial Revolution.
Keywords: Entrepreneurship, Industrial biotechnology, Research.