Incubation could be a dynamic method of

business development.
Incubators nurture young companies,
serving to them to survive in their early
stage.
Incubators provide:
Infrastructural support i.e. workplace area,
meeting area
Platform to try and do networking
Management help
Other support services, specific to
incubators

Source: http://www.1000ventures.com/presentations/business_incubators.html

For Tenant corporations

For company World
The new technology / product gets
developed
Informed investment selection
Possibilities for takeover
For Govt.
Economic development
Social edges
Encouragement to introduce

Linear Model of Innovation:

Origin of all innovation lies
inanalysisactivities
Role of universities
Since Universities receive Govt.
grant,thusideasof current national interest
incubated.
Apart from R&D support,social
controlsupportconjointlyneededto
develop business
Commercialpracticablenessto theideas
Networks inappropriateplaceswillprove
handy.

Incubation atemergentstage
Mostlyduring afaculty/ university, e.g.
TREC STEP (NIT, Trichy)
Society for innovation and
entrepreneurship (IIT B)
Nirma Labs
Technology Business Incubators IITD
TBI@KEC (Kongu Engg. college, TN)
These incubatorsgivetechnological
support
STPI (Software technology parks)
CIIE, IIMA

Main Activities of SINE are to:

Incubate early stage entrepreneurial
venturessupportedtechnology and innovation.
Create physical infrastructure and support systems
necessary for business incubation activities.
Facilitate networking
withskilledresources,thatembracementors,
experts, consultants and advisors for the
incubateecorporations.
Identify technologies/innovationsthathave
potential forbusinessventures.
Promote and foster the spirit of entrepreneurship.
Carry out activities that facilitatedatacreation,
innovation and entrepreneurship activities.

Remarkable Govt. initiative

Specialsetupinsoftware packagesector

Objectives of STPsar
To establish and manage infrastructure resources
i.e.digital communicationfacilities,
corelaptopfacilities
To promote development and export ofsoftware
packageservices
Fast clearance (single window) for statutory services
To train professionals

Currently inconcerningthirty fourcities

acrossIndia

Extensive network of incubators

Incubators in orclose
tobyrenowneduniversities
Provides technical and R&D support

Someexperienceto supply
Management
Technological
Networks
In fact, Incubators position themselvesin line
withthe extraexperiencethey provide

Platform to pitch to VCs andalphabetic

characterfunds
Help inmaking readypitches
Incubators have some VCs as either stakeholders
or Board members
Incubators developsensiblediaryand rapport
withboundVCs

Network among Incubators

Incubators develop network among themselves
Help them in utilizing networks with VCs
andalternativeanalysiscorporations

Some examples: Manchestergrad schoolsetup,

IT univ. ofKobenhavn, London science park etc.

Govt. assistance
UK trade and investment (UKTI),Associate in
Nursingarm okUKforeign ministry works with
incubators
Organizes programswherebymotivates
youngfirmsto bea part ofthese incubators
Alsoinvitationsforeign startups
Provides Legal andalternativestatutory
services to incubators

Govt. initiatives to develop incubators

Public-Private partnerships
Someedgesand sops to develop and manage
incubators
Thecomeduring thisbusiness
(incubators)returnoncea nicheof your time,
Govt.mustfill this gap inUPPP

Indian incubatorsneed tosupposeon the far

sideR&Dhelp

Networks with VCs

anddifferentcompaniesadditionallyneeded

Incubatorsisdividedpertheideasthey
incubate.

Infrastructure
Taking onebreakthrough
Good infrastructure: a
hygieneissuetofirms

Thank You !!
http://icreate.org.in