Isha Jain’s Post

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

Atal Incubation Centre Nitte (AIC Nitte), established through a collaborative initiative of Nitte Education Trust and NITI Aayog under the Atal Innovation Mission of the Government of India, and Jain Incubation and Innovation Foundation (JIIF)– a Non-Profit Organization established to promote entrepreneurship and innovation in India and to support early-stage startups & entrepreneurs with funding, mentorship, and other resources, have forged a collaboration to enhance entrepreneurship and innovation in India. This cooperation was formalized through a Memorandum of Understanding (MOU) signed on 16th March at Nitte. The partnership focuses on several critical areas, including the exchange of knowledge, joint incubation programs, entrepreneurial training, access to facilities, research and commercialization, networking events, mentorship, and joint marketing efforts. These initiatives are designed to support startups by providing them with the necessary tools, mentorship, and resources to succeed. AIC Nitte and CIMP-BIIF aim to foster a dynamic startup ecosystem that nurtures innovative ideas into successful ventures, thereby contributing to the entrepreneurial landscape in India. This collaboration represents a significant commitment to supporting the growth and development of startups in key sectors such as Edu-Tech, Fin-Tech, Ad-Tech, E-commerce, and Health-Tech. The MOU was signed by Dr A.P Achar Chief Exicutive Officer, AIC Nitte and Mr Barat Oswal singed the mou on 16th March at Nitte

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

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

19/09 Day 18 of 90-day challenge of learning & writing Topic for today - Business incubators What are Business incubators? ➤Business incubators are organizations that help entrepreneurs grow their businesses, especially in the early stages. These institutions aim to speed up the success of start-ups by offering guidance, resources, and support. They usually have experience in business and technology, which allows them to provide valuable assistance to new companies. ➤Incubation support includes offering technology tools, advice, initial funding for growth, networking opportunities, shared workspaces, lab facilities, mentoring, and advisory services. These incubators help startups connect with potential investors, including angel investors, government bodies, venture capitalists, and other funding sources, making it easier to secure financial backing for their business. How do incubators make money? Incubators either charge a fee for their services or take an equity stake in the startup. The period of incubation can last from a few months to several years. Some well-known business incubators in India: ᐅNASSCOM 10,000 Startups: A major initiative by NASSCOM to support and mentor Indian startups by providing access to resources, networking, and funding. ᐅIIM Calcutta Innovation Park: This incubator, connected with the Indian Institute of Management Calcutta, supports early-stage ventures through mentorship and funding. ᐅCIIE (IIM Ahmedabad): A business incubator that helps startups through various stages of growth by offering mentoring, funds, and strategic advice. #finance #equityresearch #incubators #thevaluationschool #learning

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

🌟 Cabinet Approves Continuation of Atal Innovation Mission 2.0 to Boost India's Startup Ecosystem 🚀 The Atal Innovation Mission Official (AIM), launched by the Indian government, is a national initiative designed to promote innovation and entrepreneurship across the country. The Cabinet's approval for AIM 2.0 with a budget of ₹2,750 crore till 2028 aims to further support and scale innovation-driven startups and enterprises. By focusing on fostering a culture of innovation, AIM 2.0 will help strengthen the Indian startup ecosystem in several ways: 🔹 Increased Funding and Support: The enhanced budget will enable more startups to access financial support and resources. 🔹 Incubation and Acceleration: AIM’s network of Atal Incubation Centers (AICs) will continue to provide critical infrastructure, mentorship, and networking opportunities to early-stage companies. 🔹 Skilling and Education: Through various initiatives, AIM will focus on developing the innovation and entrepreneurial skills of youth, empowering them to build impactful businesses. 🔹 Collaboration with Industry and Academia: By fostering partnerships between startups, academic institutions, and industry leaders, AIM will drive the commercialization of innovative ideas. The continuation of AIM will further enhance India’s position as a global hub for innovation and entrepreneurship, creating new opportunities for startups to thrive. 🌍💡 #AtalInnovationMission #AIM2 #IndianStartups #Innovation #Entrepreneur #GovernmentofIndia #Entrepreneurship #StartupIndia #MakeInIndia #Funding #Incubation #Skilling #TechInnovation #Growth #FutureOfIndia #AIM #Startups #BusinessGrowth #Hypes Start Big, Start Here.

Each sector and start-up faces it’s own unique set of opportunities and challenges, and in-depth understanding and experience matters. That is exactly what the AFI Agri Cohort is offering to do. Come and find out for yourself . . .

The other day , as a PGDM first year student at ASB - Ashoka School of Business , I have attended an inspiring orientation on " Startups and incubators in academic institutions" by Dr. Hafeez Basha Sir. The session on startups and incubators within academic institutions provided valuable insights. The discussion emphasized the critical role of these platforms in fostering innovation and entrepreneurship among students. It was enlightening to learn about strategies to bridge the gap between academia and industry. #startups #incubators #highereducation #innovation

Foundation for Innovation and Technology Transfer - IIT Delhi has partnered with Oil India Limited to launch an innovation program called ‘DriftTECH’ to invite India’s visionary entrepreneurs to come up with innovative solutions that can solve real-world problems.🚀 DriftTECH Innovation Program aims to provide support to Technology-driven Startups and Individuals in India from across cities, towns, and villages. The program is inviting solutions in the area of deep-tech and real-world problems. 💡 Startups who want to apply for the program may apply through: https://lnkd.in/gm8YDQug. The applications are open until 31 March 2023. The top 15 Startups will get BootCamp support and One-on-One Mentorship by Industry Experts. The top 10 Startups will get access to Incubation at IIT Delhi and Funding support of 10 Lakhs Grant each.💼🌟 #startupindia #DriftTECH #entrepreneurship #technology #innovations #startupbusiness #seedgrant #fundingopportunities #funding