Managing early growth of a Business-

Incubation Program

Parag Talukdar 49
Manish Tripathi 50
Akshada Wagh 51
Yashada Waghmare 52
Objectives
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.
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).
Program
A total of 100 Business Incubators (BIs) are expected
to be set up between 2008-09 to 2011-12.
Each BI is expected to help incubation of 10 new ideas
or units and is to be given financial assistance
between 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.
Implementation
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).
On receipt of proposals, final approval is given by
MSME.
List Of Incubation Program’s- India
NS Raghavan Center for Entrepreneurship Learning (NSRCEL), IIM Bangalore.
Technology Business Incubator, Birla Institute of Technology, Pilani
Center for Innovation, Incubation and Entrepreneurship, IIM Ahmedabad
Entrepreneurship Cell, IIT Kharagpur
Center for Entrepreneurship, SP Jain Institute of Management & Research
C-TIDES, IIT Madras
TeNeT, IIT Madras
Society for Innovation and Entrepreneurship, IIT Bombay
Nirma Labs
SIDBI Innovation and Incubation Center, IIT Kanpur
Entrepreneurial Development Cell, IIT Guwahati
Entrepreneurship Development Cell, IIT Delhi
List Of Incubation Program’s- India
Entrepreneurship Cell, FMS Delhi
Abhiyan, IIM Lucknow
E-Cell, IIM Kozhikode
Center for Entrepreneurship and Innovation, IIM Calcutta
Entrepreneurship Development Institute of India, Ahmedabad
ICFAI Center for Entrepreneurship Development, Hyderabad
MICA Entrepreneurship Development Center, Ahmedabad
Wadhwani Center for Entrepreneurship Development, Hyderabad
TIME IS, Delhi
Science & Technology Entrepreneurs Park, JSS Academy of Technical
Education, NOIDA
National Institute of Industrial Engineering, Mumbai
Entrepreneurship Development Cell, IIT Roorkee
THE ENTREPRENEURSHIP DEVELOPMENT
CELL (EDC, IITD)
 THE ENTREPRENEURSHIP DEVELOPMENT
CELL (EDC, IITD)

 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.
 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.
 Knowledge Mentor's Panel

 EDC provides mentoring opportunity by its network of

knowledge partners network includes professionals,
entrepreneurs, investors, and Industry experts.
 They have a special annual two days mentorship session during
e-summit which is offered after an individual or a team goes
through a screening process.
EDC's Investor Panel

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

promote and encourage entrepreneurship among them.
 They have angel investors on board who meet during our
e-summit. Apart from this gathering
 They also entertain individual cases throughout the year.
Every proposal goes through a screening process before
reaching the investor panel.
Social Entrepreneurship Projects

Encourage students to associate with and assist NPOs

and NGOs achieve a common goal of sustainable
development under the banner of Social
Entrepreneurship Projects.
Vishishth, the annual EDC
B-Plan competition

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

entrepreneurs to take a giant leap in their career
path. 
Showcase your talent, persistence and your vision to
achieve what others can just dream of.
'Ideate, Innovate and Implement'
EDC- Summit
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).
Benefits One on one mentoring
sessions Incubation opportunities.
Opportunity to pitch to Angel Investors.
Team Building Support.
Exclusive national Media Coverage.
Workshops
Business Modeling
Evaluation of a Business Idea
Entrepreneurship Under Pressure
Blog: http://edcatiitd.wordpress.com
MITCON ‘S Biotechnology
Business Incubators
 About MITCON

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

 Approved by Ministry of Micro, Small and Medium Enterprises

(MoMSME), Govt. of India.

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

city.

 Thrust Area: Biotechnology, Agriculture, Food Processing,

Ayurveda, Pharmaceuticals
 Incubation Services

Production Facility

Training Courses

Services
 How do they support?

Research academics

Low cost and low Commitment Physical resources

Advisory and soft infrastructure service

Access to broad networks of invaluable contacts

 List of services:

 Market survey / marketing assistance

 Business planning and training

 Organising management/ technical assistance

 Assistance in obtaining statutory approvals

 Information dissemination on product ideas/technologies

 Contd…..
 Syndicating finances

 Arranging legal and IPR services

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

 Work space for a limited period

 Common facilities of TBI such as communication, conference,

computers
CENTRE FOR INNOVATION, INCUBATION AND
ENTREPRENEURSHIP
CIIE
Centre for innovation, incubation and
entrepreneurship
Set up at IIMA with help from Gujarat govn and dept
of science and technology
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
Kunal Upadhyay
CEO of CIIE since 2007
MBA from IIM Ahmedabad and B.Tech from IIT
Madras.
leads CIIE's effort for incubating and investing in new
ventures and building a robust entrepreneurial
ecosystem in India
bridge the early-stage equity gap, he has single-
handedly raised over $3 million
Kunal Upadhyay
currently setting-up a $10 million incubation fund
focussed on the clean tech sector.
led investment in and incubation of over twenty early
stage start-ups across sectors
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.
iAccelerator
an incubator of internet & mobile startups in India
to establish world class technology companies in India
by providing them the initial funding, guidance and
networks they need to get started
Administrative, business, financial, development
support and establishing process
Application review, email, phone, in person meeting,
incubation offer
IndiAngels
bring visionary investors and revolutionary start ups
together.
to bring investors interested in early stage capital to
grow a start up from idea to commercialized product
is powering 2010 economic times power of
ideas campaign
Categorization of start up, market research, get to
know start up first hand, independent review,
investment committee review.
Stay Hungry Stay Foolish
Conceptualized and initiated by CIIE
snapshot of journeys of 25 IIMA alumni across various
batches, who chose the road less travelled
book captures the ups and downs faced by an
entrepreneur on a day-to-day basis and has been a
bestseller - with around 200,000 copies sold and
translated into several Indian languages
Piramal prize
partnership between Piramal Foundation and Centre
for Innovation, Incubation, and Entrepreneurship.
to enable bold entrepreneurial ideas with potential to
reduce the burden of disease across India
award recognizes high-impact models that propose
innovative solutions which directly or indirectly
address India’s healthcare crisis
awarded in 2 categories
1. Emerging Ventures
2. Established Organizations
 Mentor Edge
Catalyzed by Centre for Innovation Incubation and
Entrepreneurship in October 2009
an initiative by Mentors and Experts across India to provide
hand-holding, mentoring and networking support to
innovative start-ups.
country wide structured network of mentors aimed at
helping aspiring entrepreneurs through advisory support on
various strategic and operational decisions.
presence in eight major cities of the country
CIIE
provide incubation and investment support only to
"technology" start-ups
ticket size for investment in start-ups is typically 5-50
lacs
send your business plan to
bizplan-ciie@iimahd.ernet.in
Max 10 slides covering Problem you are solving, Your
value proposition(customer problem) , What enables
you(differenciation) , Your revenue model , Sales and
Marketing Strategy , Management Team , Financial
projections