Organised By:
 
INCUBATORS NETWORK : NATIONAL INCUBATORS

Centre for Innovation Incubation and Entrepreneurship (CIIE) at IIMA

Indian Institute of Management,
Vastrapur, Ahmedabad 380015
Phone: 91 79 26324707
Fax: 91 79 26324207
Email:
rakesh@iimahd.ernet.in 
Website: www.ciieindia.org

CIIE
NDBI
Nirma Labs

Contact person:
Rakesh Basant
Chairperson, CIIE

Genesis

CIIE was established in 2001 with the support of Government of Gujarat, National Innovation Foundation and the IIMA. Since then, a host of organizations, professionals, academicians and networking partners have been closely associated with the initiatives of CIIE. Some of the ongoing projects are also being backed by Wadhwani Foundation (set up by IT entrepreneur in Silicon Valley, USA) and the Department of Science and Technology, Government of India. Setting up of CIIE was an outcome of the first national workshop on Indian Incubator for Innovation Based Enterprise (I3) at IIMA in 1998, which brought together innovators, venture capitalists, entrepreneurs, technology administrators and academics to understand the processes and policies that will help commercialise innovations by individual innovators. Expertise at IIMA in areas of technology network, management, grassroots level innovations, innovative organisation and practices as well as entrepreneurship development, provided the necessary impetus and the intellectual basis for this initiative.

Mission

To foster innovation and entrepreneurship development through consultancy, research, training, promotion and incubation in technologies or ideas that are hi-tech and also those with profound social impact to enhance competitiveness and welfare of the Indian economy.

Key Objectives

  • To incubate innovations and help commercialise them through an enterprise
  • To conduct research and develop educational material on topics related to innovations and their evolution into viable enterprises
  • To disseminate research findings and related information on the management of innovation, incubation and entrepreneurship.
  • Apart from the support of experts operating through a dynamic networking model, closely involve IIMA faculty and students at various stages in the value chain of converting innovations into enterprises.

Activities

The CIIE mission shall be backed by the following activities:

  • Incubation: Infrastructure support, networks for technology, finance and related areas, mentoring, consultancy, databases, information dissemination, IPRs and international networking
  • Entrepreneurship Development: Business plans, consultancy, case studies, dissemination of information and training programmes

Apart from training programmes and consultancy, interactive workshops, seminars, developing course material along with extensive networking operations are conducted to push ahead the CIIE agenda.

Research and Training

The focus is on cutting edge research on innovation, technology management, entrepreneurship and competency building. CIIE aims to emerge as a leading innovation and entrepreneurship information dissemination hub. Activities in this area include agenda based research programmes, partnership with other leading international researchers, develop case studies and also courses for IIMA programmes. Some of these courses include: Managing Technology Networks, Strategic Management of IPRs, Entrepreneurship and New Venture Planning, etc.

Workshops and Seminars

Focused and specialized workshops including those in the emerging areas are organized by CIIE to assist innovators and entrepreneurs. There are also programmes aimed at imparting knowledge on innovation and entrepreneurship amongst government officials, innovators, researchers and students. New Ventures Seminar, Science & Technology series lectures, Incubiz (focusing on incubation business), Ideaz,

Consultancy and Clinics

CIIE provides consultancy relating to innovation and enterprise development. Organising several clinics for innovators and entrepreneurs in Gujarat and outside are also part of the agenda. The objective of these clinics will be to help innovators in their commercialisation process and to link them with CIIE's technology network.

Anveshan

A unique nationwide innovator search programme to recognise innovators and idea generators. Select innovators are then offered incubation support. Also, innovation based business plan contest is organised along with offer of incubation support to the hi-tech/high impact ones.

Incubation: Methodology, Processes and Facilities

Methodology - involves the following broad steps

  • Scouting for Innovation
  • Selection of Innovators, IP evaluation and signing NDA (Non Disclosure Agreements)
  • Service and shareholder agreement with incubatees, whatever is applicable
  • Infrastructure and services to selected incubatees and initiating mentor programme
  • Providing access to technology and related networks
  • Commercialization Activity - entrepreneurial Venture, business plan, market research, consultancy, legal, finance and other support
  • Graduation of the incubatee

Processes

The Indian Incubator for Innovation Based Enterprises (I3) is managed by CIIE. I3 help innovators to successfully commercialise their innovation through an enterprise. The incubator will actively scout individual innovators in public, private and informal sectors, with capability to convert innovation into a viable product but unable to do so due to their inability to identify necessary technical, managerial and financial resources. Selected innovators (with hi-tech and high impact innovations) will be provided with supporting infrastructure and network resources to commercialise innovation over a time-bound period (usually 20 months). The innovator should have a prototype available for evaluation by a team of technical experts.

The incubator would develop networks of people and institutions to assist incubation projects with technology support, testing facilities, materials, prototyping facilities, etc. The network also includes lawyers, patent filing experts, venture capitalists, etc., catalysing commercialization of the innovations. The centre also envisages running mobile incubator clinics in various parts of the country for certain periods to help innovators across the country.

Each innovator shall have a small support group comprising two or three faculty members/experts to act as mentors. Every two months, the innovator will present her/his progress to the mentors and they can mutually decide as to how much information would be put in the public domain. Depending on the nature of the product design developed, the innovator will be linked up by the incubator with an appropriate technology network. These stakeholders will help in providing support on various complementary assets that would be required in the commercialisation process. This would range from market analysis, development of a business plan to prototyping, manufacturing planning, etc.

Facilities

These among others include:

  • Designated workplace with computer access
  • Network by which one could access technology specialists and research labs to develop or to improve the innovative technology including research, testing facilities, materials, prototyping, design, etc.
  • IPR consultants - for help in registering patent, copyright and trademarks
  • Legal experts for firm incorporation, venture capitalist, market research firms, advertisement agencies and PR firms, finance and management forums, faculty mentoring, databases, help in preparing business plan for the incubatee product/technology, access to facilities like library, telecom, photocopying machine, canteen, etc.

Meeting Entrepreneurial Challenges: Functions of I3

I3 Network

 

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