- Participants learnt the essence of brand building, managing and growing of an incubation centre
India, 17th October: iCreate (International Centre for Entrepreneurship and Technology), Indiaʼs leading tech innovation-based start-up incubator in association with ISBA (Indian STEPs & Business Incubators Association) hosted a 3 day capacity building programme from 13-15th October at its campus with 35 incubators from across the country. CEOs and Incubation Managers of ISBA’s member incubators underwent an intense training to understand strategies for incubation growth and stakeholder management under the ISBALEARNX program. Incubation experts from across the country were invited to lead these sessions.
Addressing the crowd, Mr. Avinash Punekar, CEO, iCreate said, “The last 5 years have witnessed significant development in India’s entrepreneurial landscape as the number of recognised startups in the country has increased manifold. This clearly explains the prowess of Indian inventors and the reason for growing investor confidence in Indian startups and therefore the need for development and growth of incubators in the country. We are grateful to be associated with an organization like ISBA that has been supporting us and has been at the forefront of assisting incubators and startups with different frameworks and actively engaging with State and Central Government for various policies. We are delighted and privileged to have the support of some of the most distinguished organizations in the country. Together with ISBA, we look forward to developing a stronger incubation culture in India and work on the mutual mission of making India the start-up hub of the World.”
In an effort to focus energies on objectives like brand management and growth strategies for their incubation centers, the congregation saw participation from leading incubators like National Institute of Technology Tiruchirappalli; Pilani Innovation and Entrepreneurship Development Society; Science and Technology Park, Pune, Vellore Institute of Technology; SINE, IIT Bombay; IIT Mandi Catalyst and COEP’s Bhau Institute of Innovation Entrepreneurship and Lead to name a few.
Extending his gratitude Mr. Prasad Menon, Vice President ISBA and CEO, CIBA said, “ I express my heartfelt appreciation to iCreate for organizing and conducting an event of this stature. Being one of the leading incubators of India, we have known iCreate for its commitment in promoting growth and entrepreneurial energies in the country and are proud to be associated with them. Incubators globally have become an ecosystem with an array of initiatives that support the economy leading the way in improving our global position as a start-up hub. ISBA aims to build awareness about the value an incubator adds to the industry and with this conference we see a commitment to our vision of transforming the incubator ecosystem in India. ISBA has been conducting such capacity building programs for more than a decade now. More than 1000 Incubation managers have benefited from such learning programs. Having partners and members like iCreate in our family, we are certain that we will successfully achieve our mission to build a conducive incubation ecosystem by bringing together various industry stakeholders”.
Winner of the National Award for Technology Business Incubator 2020, iCreate (International Centre for Entrepreneurship and Technology) is an autonomous centre of excellence of the Government of Gujarat and is India’s largest institution for transforming start-ups based on tech innovation into successful businesses. Located in a state-of-the-art 40-acre campus at Dev Dholera in Ahmedabad, to date it has supported over 529 innovations and 44 patents with a ‘high-touch, entrepreneur first model, connecting them with mentors, markets and money. Embedded systems and IoT are a focus area for iCreate, in domains like electric vehicles, agritech, smart cities, healthtech, industrial automation, and renewable energy, among others. It is home to Cisco’s largest Innovation Lab in India and has partnerships with leading institutions in the US, Israel and other countries. It has a strategic partnership with CSIR, India’s apex organisation for science and technology, and with leading institutions across the world.
ISBA was started a decade ago (2004), by a small motley crowd of Science & Technology Entrepreneur Parks and Technology Business Incubators that were established under the umbrella of the Department of Science & Technology, Government of India. Today it has grown to a membership base of 100+ incubators that are into entrepreneurship development custom writing here and incubation.
ISBA is registered as a not-for-profit Society under the Societies Registration Act 1860. Its main objective is “To promote business incubation activities in the country through exchange of information, sharing of experience, and other networking assistance among Indian Business Incubators (TBIs), Science and Technology Entrepreneurs Parks (STEPs) and other related organizations engaged in the promotion of start-up enterprises.”