incubator Aks

8/7/2019 incubator Aks

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Managing early growth of a

Business- Incubation Program

y Parag Talukdar 49

y Manish Tripathi 50y Akshada Wagh 51

y Yashada Waghmare 52


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Objectivesy The Scheme provides early stage funding for nurturing

innovative business ideas (new indigenous technology,

processes, products, procedure etc.) which could be

commercialized in a year.

y The main objective is to promote development of

knowledge-based innovative ventures and to improve

the competitiveness and survival instincts of the

Micro, Small and Medium Enterprises (MSMEs).


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Program

y A total of 100 Business Incubators (BIs) are expected

to be set up between 2008-09 to 2011-12.

y Each BI is expected to help incubation of 10 new ideas

or units and is to be given financial assistancebetween Rs. 4 lakh to Rs. 8 lakh per idea/unit matured

subject to an overall ceiling of Rs. 62.5 lakh per

incubator, which works out to be Rs. 6.25 lakh per

idea/unit on an average.


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Implementationy The Scheme is being implemented in a Public Private

Partnership (PPP) mode with expected private

participation between 15% (in case of micro

enterprises) to 25% (for small enterprises).

y On receipt of proposals, final approval is given by

MSME.


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List OfIncubation Programs-

India

y NS Raghavan Center for Entrepreneurship Learning (NSRCEL), IIM Bangalore.

y Technology Business Incubator, Birla Institute of Technology, Pilani

y Center for Innovation, Incubation and Entrepreneurship, IIM Ahmedabad

y Entrepreneurship Cell, IIT Kharagpur

y Center for Entrepreneurship, SP Jain Institute of Management & Researchy C-TIDES, IIT Madras

y TeNeT, IIT Madras

y Society for Innovation and Entrepreneurship, IIT Bombay

y Nirma Labs

y SIDBI Innovation and Incubation Center, IIT Kanpur

y Entrepreneurial Development Cell, IIT Guwahatiy Entrepreneurship Development Cell, IIT Delhi


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List OfIncubation Programs-

Indiay Entrepreneurship Cell, FMS Delhi

y Abhiyan, IIM Lucknow

y E-Cell, IIM Kozhikode

y Center for Entrepreneurship and Innovation, IIM Calcutta

y Entrepreneurship Development Institute of India, Ahmedabad

y ICFAI Center for Entrepreneurship Development, Hyderabad

y MICA Entrepreneurship Development Center, Ahmedabad

y Wadhwani Center for Entrepreneurship Development, Hyderabad

y TIME IS, Delhi

y Science & Technology Entrepreneurs Park, JSS Academy of Technical

Education, NOIDAy National Institute of Industrial Engineering, Mumbai

y Entrepreneurship Development Cell, IIT Roorkee


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THEENTREPRENEURSHIP DEVELOPMENT

CELL (EDC, IITD)


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THE ENTREPRENEURSHIP DEVELOPMENT

CELL (EDC, IITD)

y Initiated in January, 2007 with a vision to promote

Entrepreneurship amongst the students of IIT Delhi and to

build an exhaustive resource pool to aid potential student

entrepreneurs.

y They do help in making suitable proposal for the same.

Technology Based Incubator Unit (TBIU) of IIT Delhi has

been a patron organization of us.


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Knowledge Mentor's Panel

y EDC provides mentoring opportunity by its network of

knowledge partners network includes professionals,

entrepreneurs, investors, and Industry experts.

y They have a special annual two days mentorship session during

e-summit which is offered after an individual or a team goesthrough a screening process.


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EDC's InvestorPanel

y EDC is aiming to offer a first hand investment gateway to

promote and encourage entrepreneurship among them.

y They have angel investors on board who meet during our

e-summit. Apart from this gathering

y They also entertain individual cases throughout the year.

Every proposal goes through a screening process before

reaching the investor panel.


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Social Entrepreneurship Projects

y Encourage students to associate with and assist NPOs

and NGOs achieve a common goal of sustainable

development under the banner of Social

Entrepreneurship Projects.


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Vishishth, the annual EDC

B-Plancompetition

y "Vishishth", is an ideal opportunity for all budding

entrepreneurs to take a giant leap in their career

path.y Showcase your talent, persistence and your vision to

achieve what others can just dream of.

y 'Ideate, Innovate and Implement'


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EDC- Summity Any student in India who is a founder/co-founder of a

startup and is below 28 years of age. The startup must

be in early stage(less than 2 years).

y

Benefits One on one mentoringsessions Incubation opportunities.

y Opportunity to pitch to Angel Investors.

y Team Building Support.

y Exclusive national Media Coverage.


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Workshops

y Business Modeling

y Evaluation of a Business Idea

y Entrepreneurship Under Pressure

y Blog: http://edcatiitd.wordpress.com


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MITCON S Biotechnology

Business Incubators


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About MITCON

y It is sponsored by DST, Govt. of India & APCTT, New Delhi

y Approved by Ministry of Micro, Small and Medium Enterprises(MoMSME), Govt. of India.

y MITCON's Incubation facility is located in central part of Pune

city.

y Thrust Area: Biotechnology, Agriculture, Food Processing,Ayurveda, Pharmaceuticals


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Incubation Services

y Production Facility

y Training Courses

y Services


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How do they support?

y Research academics

y Low cost and low Commitment Physical resources

y

Advisory and soft infrastructure service

y Access to broad networks of invaluable contacts


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List of services:

y Market survey / marketing assistance

y Business planning and training

y Organising management/ technical assistance

y Assistance in obtaining statutory approvals

y Information dissemination on product ideas/technologies


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Contd..

y Syndicating finances

y

Arranging legal and IPR services

y Using facilities of the Host Institute (HI) at nominal charges

y Work space for a limited period

y Common facilities of TBI such as communication, conference,

computers


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CENTRE FOR INNOVATION, INCUBATIONAND

ENTREPRENEURSHIP


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CIIE

y Centre for innovation, incubation and

entrepreneurship

y Set up at IIMA with help from Gujarat govn and dept

of science and technology

y comprise of faculty, alumni and students of IIMA,

mentors and service providers from the industry who

span a variety of functional areas, sectoral domains

and geographies


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Kunal Upadhyayy CEO of CIIE since 2007

y MBA from IIM Ahmedabad and B.Tech from IIT

Madras.

y

leads CIIE's effort for incubating and investing in newventures and building a robust entrepreneurial

ecosystem in India

y bridge the early-stage equity gap, he has single-

handedly raised over $3 million


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Kunal Upadhyayy currently setting-up a $10 million incubation fund

focussed on the clean tech sector.

y led investment in and incubation of over twenty early

stage start-ups across sectors

y been instrumental in conceptualizing and

implementing several major initiatives at CIIE -

including the iAccelerator, The Power of Ideas,

MentorEdge, Renewable Energy Search and Stay

Hungry Stay Foolish.


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iAcceleratory an incubator of internet & mobile startups in India

y to establish world class technology companies in India

by providing them the initial funding, guidance and

networks they need to get started

y Administrative, business, financial, development

support and establishing process

y Application review, email, phone, in person meeting,

incubation offer


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IndiAngelsy bring visionary investors and revolutionary start ups

together.

y to bring investors interested in early stage capital to

grow a start up from idea to commercialized product

y is powering 2010 economic times power of

ideas campaign

y Categorization of start up, market research, get to

know start up first hand, independent review,investment committee review.


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Stay Hungry Stay Foolishy Conceptualized and initiated by CIIE

y snapshot of journeys of 25 IIMA alumni across various

batches, who chose the road less travelled

y

book captures the ups and downs faced by anentrepreneur on a day-to-day basis and has been a

bestseller - with around 200,000 copies sold and

translated into several Indian languages


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Piramal prizey partnership between Piramal Foundation and Centre

for Innovation, Incubation, and Entrepreneurship.

y to enable bold entrepreneurial ideas with potential to

reduce the burden of disease across India

y award recognizes high-impact models that propose

innovative solutions which directly or indirectly

address Indias healthcare crisis

y

awarded in 2 categories1. Emerging Ventures

2. Established Organizations


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MentorEdge

y Catalyzed by Centre for Innovation Incubation andEntrepreneurship in October 2009

y an initiative by Mentors and Experts across India toprovide hand-holding, mentoring and networking support

to innovative start-ups.y country wide structured network of mentors aimed at

helping aspiring entrepreneurs through advisory supporton various strategic and operational decisions.

y presence in eight major cities of the country


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CIIE

y provide incubation and investment support only to"technology" start-ups

y ticket size for investment in start-ups is typically 5-50lacs

y send your business plan to [email protected]

y Max 10 slides covering Problem you are solving, Yourvalue proposition(customer problem) ,What enables

you(differenciation),

Your revenue model,

Sales andMarketing Strategy, Management Team , Financialprojections


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