Dr Anantha Padhamanabha Achar’s Post

🗣️ "Unlocking Innovation:Business incubators and the Atal Incubation Mission" • Business incubators are institutions that support entrepreneurs in developing their businesses, especially in the initial stages. These are organizations geared towards speeding up the growth and success of start-ups and early stage companies. Incubation is usually done by institutions which have experience in the business and technology world. • Business incubation centers can be funded and operated by various entities, including government agencies, universities, private companies or a combination of stakeholders. • They may cover a wide range of industries and sectors and their services can be tailored to meet the diverse needs of startups across different domains. 🗣️ "Are Atal Incubation Centers considered as part of the broader category of business incubation centers?" • Yes, Atal Incubation Centers (AICs) are a subset of business incubation centers.Atal Incubation Centers, are a specific type of incubation center established under the Atal Innovation Mission (AIM), which is an initiative by the Government of India. AICs focus on fostering innovation and entrepreneurship in alignment with AIM's objectives. • AICs often have a specific focus on fostering innovation and entrepreneurship, aligning with the mission's objective of creating a culture of innovation and promoting startup development. CXOs NextGen Center of Excellence in Finance, Chitkara University . #cxoinsights #cxonextgen #centerofexcellence #chitkarauniversity #businessincubator #atalinnovationmission #atalincubatorcenter

InFED has been active with activities over the past two months! From hosting impactful programs like the Wardhini Cluster Accelerator Program to ORIeGIN Startup Funding Accelerator we've been actively supporting the next generation of innovators. Here are the highlights from June and July's Entrepreneurial Activities:  - Wardhini Cluster Accelerator Program: We've reached 500+ SHGs and 3000+ women, and we’re not stopping there! Each participating cluster underwent a comprehensive diagnostics study to align the program’s content with their unique challenges. This in-depth process provided valuable insights into the current status, capabilities, and challenges of all 7 clusters. - ORIeGIN Startup Funding Accelerator Program: Over 15 startups that participated in our 2-day Capacity Building Program, part of the ORIeGIN Startup Funding Accelerator. Day 2 was a milestone moment as each founder pitched their ideas and products to potential investors. We're proud to witness their growth and readiness to make a mark in the industry. - Industry Institute Roundtable IBFC Wardha: We Signed 9 MOUs and Hosted 80+ Representatives from Institutes and Industries at the Industry Institute Roundtable held at IBFC Wardha on 10th of July. IBFC Wardha is now fully equipped and ready to support the next generation of startups and entrepreneurs. - Visits: We hosted some important people at our InFED recently like IAS Sujata Saunik, CGM Mr. Sandeep Varma, GM Mr. Anjani Kumar Srivastava and officials from SIDBI(Small Industries Development Bank of India). These visits mark the beginning of an exciting collaboration with InFED. - Mentorship Sessions: Our startups are currently undergoing intensive mentorship sessions, gaining valuable insights and guidance from industry experts. We remain committed to the development of our region and beyond, ensuring that aspiring entrepreneurs have the resources and guidance they need to succeed. Stay tuned for more exciting updates and opportunities! #iim #innovation #entrepreneurship #nagpur #startup #community India DST Atal Innovation Mission Official Ministry of Electronics and Information Technology Digital India Programme Startup India Indian Startup News Ministry of Commerce and Industry, Government of India Deendayal Antyodaya Yojana - National Rural Livelihoods Mission (DAY - NRLM)

Building bridges for a stronger entrepreneurial ecosystem It is not often that Incubators and Accelerators come together and share their learnings and experiences of working in the Entrepreneurship ecosystem. One of those rare and invaluable opportunities presented itself last week, when I had the privilege of attending and representing NSRCEL, Indian Institute of Management Bangalore at the Incubators Conclave organized by NaaViC Agri-Business Incubation Centre ICAR-NIVEDI, held at the Karnataka Science and Technology Academy KSTA, along with my colleagues Chitvan Chamadia and Shriyam Yagnik. This event brought together representatives from 25+ incubators, providing an exceptional platform for exchanging insights and fostering collaboration. Listening to S Devarajan share his experience of the evolution of innovation in the Manufacturing and Automobile sector in India over the last 40 years shed light on the growth of innovation and intrapreneurship in the country and the role TVS Motor Company and BCIC Karnataka are playing to support innovation across India. 💡Here are three key learnings from the conclave: Innovative Strategies: The conclave highlighted diverse, approaches incubators use to overcome obstacles and stimulate entrepreneurship across thematic areas and sectors, showcasing a strong commitment to economic growth and nurturing entrepreneurial ecosystems. Community Building: Sharing experiences with peers underscored the importance of strong networks and continuous learning, essential for sustaining long-term success in the incubator community. Collaborative Problem-Solving: The collective brainstorming on regional challenges and conviction towards various co-incubation models reinforced the power of collaboration, highlighting the potential of a united incubator community. The conclave was an extraordinary opportunity to network with the wider ecosystem, delve into the best practices that different incubators follow, and discuss the unique challenges we encounter in our respective regions. The collective wisdom and collaborative spirit present were truly inspiring. Parnika Pavanram| Dr.Lakshmi Jagannathan| Dr. Seema A Kulkarni, PhD| Rakshit Kalyani| Harsha S M H. | Startup Karnataka| Startup India #Innovation #entrepreneurship #incubation #startupkarnataka

Fostering Innovation and Entrepreneurship: The Incubation and Innovation Foundation at Dev Bhoomi Uttarakhand University. In today's rapidly evolving world, innovation and entrepreneurship are pivotal to driving economic growth and societal progress. Recognizing this, Dev Bhoomi Uttarakhand University (DBUU) has established its Dev Bhoomi  Incubation and Innovation Foundation (DBIIF) to nurture the entrepreneurial spirit and foster cutting-edge innovations. Empowering Entrepreneurs and Innovators The Dev Bhoomi Incubation & Innovation Foundation ( DBIIF) is a hub for aspiring entrepreneurs, researchers, and innovators. Our mission is to provide a comprehensive support system that includes mentorship, funding opportunities, state-of-the-art facilities, and a collaborative environment. By connecting students and faculty with industry experts and successful entrepreneurs, we aim to transform ideas into viable businesses. Comprehensive Support System 1. Mentorship and Training: Our foundation offers access to experienced mentors who provide guidance on business strategy, market analysis, product development, and more. Regular workshops and training sessions equip aspiring entrepreneurs with essential skills and knowledge. 2. Funding Opportunities: Securing funding is often a significant challenge for startups. At DBIIF, we assist in connecting startups with potential investors, venture capitalists, and grant programs to ensure they have the financial backing needed to scale their ventures. 3. State-of-the-Art Facilities: The DBIIF provides cutting-edge laboratories, co-working spaces, and prototyping facilities. These resources enable innovators to bring their ideas to life and refine their products before entering the market. 4. Networking and Collaboration: We believe in the power of collaboration. The DBIIF fosters a vibrant ecosystem where startups, industry leaders, academic experts, and government agencies can collaborate, share knowledge, and create synergistic relationships. Future Outlook As we look to the future, the Dev Bhoomi Incubation & Innovation Foundation (DBIIF) at Dev Bhoomi Uttarakhand University is committed to expanding its reach and impact. We aim to become a leading centre for innovation and entrepreneurship in India, attracting talent from across the country and beyond. By fostering a culture of innovation and supporting entrepreneurial endeavors, we aspire to create a positive and lasting impact on society. At Dev Bhoomi Incubation & Innovation Foundation, we believe that the future belongs to those who innovate. Our Incubation and Innovation Foundation is dedicated to empowering the next generation of entrepreneurs and innovators, driving progress, and making a difference. Join us in this exciting journey and be a part of the innovation revolution. #Innovation #Entrepreneurship #Startup #Incubation #DBUU #DBIIF #Mentorship #Funding #Networking #Collaboration #InnovationHub #EntrepreneurialEcosystem

Explore how Visvesvaraya Technological University (VTU) is nurturing a culture of innovation and entrepreneurship among students and faculty. Driving forward the startup ecosystem in Karnataka and beyond! #Techcceleration2k23 . . . #VTU #Entrepreneurship #Innovation #StartupEcosystem #Techccelaration #IncubationCentre #KarnatakaStartups #EmpoweringEntrepreneurs #StartupSupport #VTUInitiatives

Greetings on World Entrepreneurs' Day! 🌍 I'm excited to share that my article on "Empowering India's Youth for Global Startup Success: Strategies for Building an Entrepreneurial Mindset" has been published in Inc42 Media! 🚀 Check out the article here: https://lnkd.in/g76GTzp6 #WorldEntrepreneursDay #StartupIndia #YouthEmpowerment #Entrepreneurship #Innovation #TBIKIET

India’s rise as the world’s third-largest start-up ecosystem has been significantly fueled by the efforts of technology business incubators like the Society for Innovation & Entrepreneurship -SINE IIT Bombay. Read full news to know more...https://shorturl.at/tFY6u #sine #startup #ecosystem

India’s rise as the world’s third-largest start-up ecosystem has been significantly fueled by the efforts of technology business incubators like the Society for Innovation & Entrepreneurship -SINE IIT Bombay. Read full news to know more...https://shorturl.at/tFY6u #sine #startup #ecosystem

Visited University of Allahabad #Incubation #Center with my colleague Dr. Ram Kumar Mishra The University of Allahabad Incubation Centre (UoA-IC) was established for fostering innovation and entrepreneurship by supporting and promoting startups and facilitating their growth by incubating in the Centre. The Centre was established in the year 2022. A Section 8 company, Navkalpana Innovation and Entrepreneurship Foundation (NIEF) was incorporated to act as the special purpose vehicle (SPV) of UoA-IC. The Incubation Centre is actively involved in creating and strengthening an ecosystem for promoting entrepreneurship within and outside the University. It is dedicated to promoting a culture of innovative thinking for creating sustainable commercial ventures aligned to the core theme of the Centre so as to enable economic and social transformation. The main aim of the UoA-IC is to establish collaboration with the corporate sector, government agencies, non-governmental organisations and knowledge hubs for promoting and nurturing technology-based startups. Such partnerships will facilitate swift commercialization of innovative products and services. Apart from providing support to startup companies, UoA-IC also aims at incubating potential ideas that may lead to successful, financially viable and independent firms. The ultimate aim is to enable incubatees for commercializing new products, services, processes and technologies, and create jobs, thereby adding to the economic growth of India. Incubated startups shall not only benefit from business and technical assistance, they will also benefit from affiliation with the incubator, a supportive community with an entrepreneurial environment, direct link to entrepreneurs, cohorts and with other incubated companies. and immediate networking and commercial opportunities  

NIDHI Scheme: Driving Innovation & Tech Entrepreneurship in India 🚀 🌟 Boosting Innovation through NIDHI The National Initiative for Developing and Harnessing Innovations (NIDHI), led by the Department of Science and Technology (DST), has been a game-changer for India’s entrepreneurial landscape. Since its launch in 2016, this government initiative has: - Developed over 1,200 tech-based products & prototypes - Generated 233 patents - Supported 1,074 Entrepreneurs in Residence (EIR) - Established 571 companies, creating 3,693 jobs 💼 🎯 Empowering Entrepreneurs The NIDHI-EIR programme offers a unique platform for innovators, helping them: - Expand their networks 🌐 - Receive critical feedback to refine their ventures 🧠 - Minimize risks in their entrepreneurial journey 🚀 With its focus on nurturing talent, the program also supports women entrepreneurs, with over 180 incubation centres providing guidance for building successful tech-based startups. ✨ Impactful Innovations Some of the standout products from the NIDHI initiative include: - Atomberg energy-efficient fans 🌬️ - Ather electric bikes 🏍️ 💡 Fostering Self-Reliance By promoting tech-driven innovation and entrepreneurship, NIDHI has played a crucial role in India's journey towards economic growth and self-reliance. #Innovation #Entrepreneurship #Startups #TechForGood #NIDHI #WomenInTech #IndiaGrowth