Incubator Cells At Second Generation IIT's: Guiding The Entrepreneurial Spirit Of Young Indians

Incubator Cells At Second Generation IIT's: Guiding The Entrepreneurial Spirit Of Young Indians

Updated on Apr 25, 2023 09:01 AM IST

India of the 21st century is a very versatile and creatively charged country. With the majority of our population being within the employable age bracket, the competition among talented human resources is huge. There is tough competition among those who wish to be employed as well as those who want to start their own venture. A lot of youngsters prefer entrepreneurship over the 9 to 5 jobs.

Incubator Cells At Second Generation IIT's: Guiding The Entrepreneurial Spirit Of Young Indians
Incubator Cells At Second Generation IIT's: Guiding The Entrepreneurial Spirit Of Young Indians

For such individuals who have the inspiration but need guidance, Indian Institutes of Technology(IIT) across the country are a good playground. Each of the IIT have their own separate incubator labs to make and test the product of the business and convert an entrepreneur’s idea into a product.

Careers360 recently published a study on incubator labs which existed at IITs with the oldest and top seven IITs incubator labs information. This article is a continuation to the oldest IIT’s incubation centre, to know about the opportunities for future entrepreneurs. How they can experiment their product at the incubator labs in second generation IITs. Second Generation IITs are the ones established in 2008-2009 period.

Also Read | Analysis Of Incubator Labs At Old IITs Across India

IIT Ropar


In order to improve the nation's overall entrepreneurial and start-up environment, IIT Ropar established the Technology Business Incubator Foundation (TBIF). TBIF is actively working to advance its goal of encouraging entrepreneurial activity among its students, faculty, and residents of the area. The incubator's focus areas include manufacturing, healthcare technologies, clean energy, agriculture, and information technology and IT-enabled services.

HighlightsInformation

Established in

2016

Space/Size

10,000 sq feet.

Facilities

  • State-of-the-art lab facilities

  • product fabrication lab.

  • Access to computing and cloud infrastructure

  • Fully furnished co-working and individual office spaces

  • conference room, pantry, printing facility and a library.

  • Business Newspaper

  • 3D and Central Printer

  • Dry Pantry Service

  • Digital Multimeters

  • Generous seed funding and soft loan support

  • Mentorship from domain experts

  • Support in legal and financial compliances

  • Access to Angel and VC funding


No.of incubatee and start up companies


18 (Startups Incubated), 18 Startups Funded

IIT Bhubaneswar

IIT Bhubaneswar has built an internal technology incubator as part of a well-considered entrepreneurial ecosystem with the goal of encouraging students to pursue entrepreneurship. The institute's staff and departing students will both have access to this facility.

Highlight
Information

Facilities

Workspace, water, energy, internet and workshops infrastructure, hostel, laboratories and bank lending programmes etc

IIT Bhubaneswar also has a Research and Entrepreneurship Park. It aims to find and foster good inventions by encouraging people to launch businesses. They also provide them assistance such as technical, financial, marketing, and legal aspects of idea incubation. They offer a platform for the quick commercialization of emerging entrepreneurs' technologies.

The institute's cutting-edge facilities will also be available to the companies so they may experiment with their creative ideas. After graduation, startups will not only serve as hubs for new inventions but also contribute to the development of new skilled labour, new employment prospects, and financial investments.

Highlights
Information

SIZE

40,000 square feet

Facilities

  • Seed funding for chosen startups

  • Furnished, semi-furnished, or unfurnished space, internet, power, and water infrastructure, laboratories, workshops

  • Financial and legal guidance, Mentoring, bank loan etc.

Also Read | Goal Oriented Research And Innovation Schools At IIT Delhi

IIT Gandhinagar

The IIT Gandhinagar Incubation Centre is tenaciously committed to helping companies, faculty and student ideas that have the potential for both economic success and social impact come to fruition. Additionally, the incubator centre offers coaching, connections to experts, investors, and business networks, as well as limited financing. The suitable mentors are introduced to them by the incubator centre so they may expand their technology or goods and find a market. Through an interdisciplinary approach and inventive and creative thinking, it seeks to promote techno-entrepreneurship.

HighlightInformation

Space/Size

10,000 square feet.

Facilities

wet and dry labs, rapid prototyping infrastructure (hardware and software), space and development infrastructure,mentoring, connectivity to professionals investors, and business networks and mentors

Funding programmes

Nidhi Prayas, Nidhi Seed Support

No.of incubatee and start up companies


More Than 20

IIT Hyderabad

IIT Hyderabad’s Technology Incubation Centre- iTIC, is supported by the Department of Science and Technology (DST), Government of India. It aims to foster a nurturing environment for aspiring technology entrepreneurs. The goal of iTIC is to assist business owners in utilising a top-notch research and startup ecosystem to construct a comprehensive platform for practising innovation and entrepreneurship so that these business ideas can be transformed into long-lasting, scalable, and lucrative companies. iTIC focuses on structured pre-incubation, incubation, and accelerator programmes on assisting deeptech startups from the idea to the growth stage.

HighlightInformation

Space/Size

1.5 Lakh square feet

Facilities

Co-working Space, Financial Aid, IP Support, Mentorship, Maker Lab, Networking Events, Software Tools, Technological Infrastructure

Funding programmes

NICE, TiHan, iDex, NIDHI PRAYAS, Miety TIDE 2.0, AISEA, Bel Seed Fund

No.of incubatee and start up companies

100+

IIT Jodhpur

In order to foster a community of cutting-edge businesses, IIT Jodhpur is establishing a technology park and incubation centre on its campus. The Technology Park's main subject is AIOT, or artificial intelligence of things. All economic sectors are anticipated to be impacted by this new technology.

Technology Park under the aegis of an independent section-8 company managed by IIT Jodhpur with the financial and technical support of relevant stake-holders (Government Agencies, Angel and Venture Investors, Technology Providers) will

  • Have a Common Research and Technology development Hub providing access to hardware and software facilities for end-to-end research, prototype development and pilot production of products for AIOT space

  • Provide an interface for industries to collaborate with faculty and students of IIT Jodhpur and other research and academic organisations in the country and Jodhpur in particular

  • Enable interface for mentors and investors including government agencies to work with MSME and start-up’s


HighlightInformation

Established in

Under construction

Space/Size

100 acres

Capacity

Can host at least 30 companies at a time

IIT Patna

The Electronics Systems Design and Manufacturing (ESDM) and Medical Electronics sectors were the focus of the Incubation Centre (IC) at IIT Patna. IC at IIT Patna provides top-notch facilities for manufacturing, testing, prototyping, and design. The goal is to make sure that the IC is the location to transform concepts for medical electronics into reality.

Highlight
Information

Space/Size

30,000 Sq Ft

Facilities

  • 100 clean labs (under construction), seed funds , well-furnished office space

  • Technology Infrastructure, ESDM Laboratories, Office Facilities-such as Conference rooms and meeting rooms, colour printers and copiers, desk, chairs, PC with OS and basic software, white board, pin pad, roll in cupboards and is fitted with industry standard electrical and network connections. etc.

Chargers of using the labs

  • Incubation for Resident candidates:


    • Equity : preferred shares worth 5%

    • Lab usage charges :

    • Only consumables used in the lab incur expenses; equipment use and staff support are free.

    • Rentals: Rs 20,000 (refundable) as a security deposit If a specialised office is required, as appropriate


  • Incubation for Non-Residents candidates:

  • Equity: Preference shares worth 3%

  • Laboratory utilisation fees: Pay as per use

  • Pre-incubation: Free of cost

Funding programmes

NIDHI PRAYAS, NIDHI EIR

No.of incubatee and start up companies


60+

IIT Indore

The IIT Indore has a centre for developing entrepreneurship and supporting start-ups called the Centre of Innovation, Incubation, Entrepreneurship, and Industry Relations (CIIEIR). It runs a business incubator that offers' start to scale' support for technology-based entrepreneurship and makes it easier to turn research into company initiatives. Students may create new technologies and become the greatest entrepreneurs with the help of mentoring, competitiveness development, innovation, and strengthening linkages between industry and students.

The ACE FOUNDATION, started by IIT Indore, supports students, faculty, staff and incubatees with technology-based research projects and helps them convert it into profitable businesses.

HighlightInformation

Facilities

  • Office Space: Air-conditioned office space along with furniture and high-speed Wi-Fi connection are available

  • Seating Facilities: Cubicles are available with revolving chairs to seat more than 30 individuals

  • Meeting rooms: Conference room facility with a desktop and a projector is available

  • Equipment: state-of-the-art instruments and equipment for fabrication and manufacturing, Computer Center

  • Incubator Infrastructure and testing labs

Funding programmes

NIDHI PRAYAS, NIDHI EIR

No.of incubatee and start up companies


37

Sector

Various Sectors which include Agriculture, Healthcare, Machine Learning, Artificial Intelligence (AI), Financial technology (Fintech), App development, etc.

Funds raised

190.4 Lakhs (under DST IEDC, Design and Incubation schemes from Ministry of MSME, MP Startup Centre)

IIT Mandi

Catalyst was established by IIT Mandi in 2016, as the first Technology Business Incubator (TBI) in Himachal Pradesh. As suggested by the name, it acts as a "catalyst" to support and direct entrepreneurial ventures with social and business goals.
Catalyst has become one of the top incubators in Himachal Pradesh and the Himalayan area in just five years after it started. In order to prevent the ideas of tomorrow from dying, Catalyst, one of the nation's busiest incubators, has developed a startup-friendly support system with the help of IIT Mandi.

HighlightInformation

Established in

2016

Facilities

  • It includes everything from conference rooms to technical laboratories

  • dedicated fabrication lab

Funding programmes

NSTEDB, DST Nidhi-Prayas Scheme

No.of incubatee and start up companies


300+

IITs have been the institute of national importance. They have the best facilities in their labs which helps the startup companies become more successful. Every year IITs try to improve all their existing facilities of incubator labs. All IITs give some of its funds to each department labs, for improvement and maintenance.

IITs provide the funding support for the startups as well, many funding programmes are available at the IITs. Some common funding programmes are available at all IITs but each IIT has their own separate funding programme for the incubatee.

Also Read | Upskilling Can Help You Take Charge Of Your Career

Articles

Upcoming Engineering Exams

Application Date:14 October,2024 - 20 May,2025

Application Date:19 December,2024 - 31 May,2025

Application Date:07 February,2025 - 19 May,2025

View All Engineering Exams
View All Popular Colleges
Flight Attendant

A flight attendant ensures passenger safety and comfort during flights. Key duties include conducting safety checks, assisting passengers, serving food and drinks, and managing emergencies. They must be well-trained in safety procedures and customer service. A high school diploma is typically required, followed by rigorous training to qualify for the role.

3 Jobs Available
Aerospace Engineer

An aerospace engineer designs, develops, tests, and maintains aircraft, spacecraft, and related systems. They apply physics and engineering principles to improve aerospace technologies, often working in aviation, defence, or space sectors. Key tasks include designing components, conducting tests, and performing research. A bachelor’s degree is essential, with higher roles requiring advanced study. The role demands analytical skills, technical knowledge, precision, and effective communication.

2 Jobs Available
Flight Engineer

A career in the aviation industry always sounds exciting. But, there is no scope for the slightest error as it may cost the lives of many people. A Flight Engineer role comes with the responsibility of monitoring the aircraft engine and control systems while in flight. Whenever the aircraft is away from the home station, he or she is required to perform pre-flight and post-flight inspections

2 Jobs Available
Aircrew officer

An Aircrew Officer operates and navigates aircraft, ensuring safe flights and compliance with aviation regulations. Key duties include managing flight systems, conducting pre- and post-flight checks, and adhering to safety standards. The role typically requires working five days a week, with around 120 flight hours monthly. Employment may be contractual or permanent, depending on the airline.

2 Jobs Available
Air Hostess

An air hostess, or flight attendant, ensures passenger safety and comfort during flights. Responsibilities include safety demonstrations, serving meals, managing the cabin, handling emergencies, and post-flight reporting. The role demands strong communication skills, a calm demeanour, and a service-oriented attitude. It offers opportunities to travel and work in the dynamic aviation and hospitality industry.

2 Jobs Available
Aeronautical Engineer

An aeronautical engineer designs, develops, tests, and maintains aircraft and related systems. They work on components like engines and wings, ensuring performance, safety, and efficiency. The role involves simulations, flight testing, research, and technological innovation to improve fuel efficiency and reduce noise. Aeronautical engineers collaborate with teams in aerospace companies, government agencies, or research institutions, requiring strong skills in physics, mathematics, and engineering principles.

2 Jobs Available
Safety Manager

A Safety Manager is a professional responsible for employee’s safety at work. He or she plans, implements and oversees the company’s employee safety. A Safety Manager ensures compliance and adherence to Occupational Health and Safety (OHS) guidelines.

2 Jobs Available
Airline Pilot

An airline pilot operates aircraft to transport passengers and cargo safely. Responsibilities include pre-flight planning, in-flight operations, team collaboration, and post-flight duties. Pilots work in varying schedules and environments, often with overnight layovers. The demand for airline pilots is expected to grow, driven by retirements and industry expansion. The role requires specialized training and adaptability.

1 Jobs Available
Welding Engineer

Welding Engineer Job Description: A Welding Engineer work involves managing welding projects and supervising welding teams. He or she is responsible for reviewing welding procedures, processes and documentation. A career as Welding Engineer involves conducting failure analyses and causes on welding issues. 

5 Jobs Available
Transportation Planner

A career as Transportation Planner requires technical application of science and technology in engineering, particularly the concepts, equipment and technologies involved in the production of products and services. In fields like land use, infrastructure review, ecological standards and street design, he or she considers issues of health, environment and performance. A Transportation Planner assigns resources for implementing and designing programmes. He or she is responsible for assessing needs, preparing plans and forecasts and compliance with regulations.

3 Jobs Available
Environmental Engineer

Individuals who opt for a career as an environmental engineer are construction professionals who utilise the skills and knowledge of biology, soil science, chemistry and the concept of engineering to design and develop projects that serve as solutions to various environmental problems. 

2 Jobs Available
Safety Manager

A Safety Manager is a professional responsible for employee’s safety at work. He or she plans, implements and oversees the company’s employee safety. A Safety Manager ensures compliance and adherence to Occupational Health and Safety (OHS) guidelines.

2 Jobs Available
Conservation Architect

A Conservation Architect is a professional responsible for conserving and restoring buildings or monuments having a historic value. He or she applies techniques to document and stabilise the object’s state without any further damage. A Conservation Architect restores the monuments and heritage buildings to bring them back to their original state.

2 Jobs Available
Structural Engineer

A Structural Engineer designs buildings, bridges, and other related structures. He or she analyzes the structures and makes sure the structures are strong enough to be used by the people. A career as a Structural Engineer requires working in the construction process. It comes under the civil engineering discipline. A Structure Engineer creates structural models with the help of computer-aided design software. 

2 Jobs Available
Highway Engineer

Highway Engineer Job Description: A Highway Engineer is a civil engineer who specialises in planning and building thousands of miles of roads that support connectivity and allow transportation across the country. He or she ensures that traffic management schemes are effectively planned concerning economic sustainability and successful implementation.

2 Jobs Available
Field Surveyor

Are you searching for a Field Surveyor Job Description? A Field Surveyor is a professional responsible for conducting field surveys for various places or geographical conditions. He or she collects the required data and information as per the instructions given by senior officials. 

2 Jobs Available
Geothermal Engineer

Individuals who opt for a career as geothermal engineers are the professionals involved in the processing of geothermal energy. The responsibilities of geothermal engineers may vary depending on the workplace location. Those who work in fields design facilities to process and distribute geothermal energy. They oversee the functioning of machinery used in the field.

3 Jobs Available
Geologist

A geologist attempts to comprehend the historical backdrop of the planet we live on, all the more likely to anticipate the future and clarify current events. He or she analyses the components, deployments, results, physical characteristics, and past of the planet. A geologist examines the landforms and landscapes of the earth in relation to the geology, climatic, and human processes that have shaped them. 

A geologist studies earth procedures, for example, seismic tremors, avalanches, floods, and volcanic eruptions to review land and draw up safe structure plans. When he or she researches earth materials, explores metals and minerals, yet in addition search for oil, petroleum gas, water, and strategies to extricate these. 

2 Jobs Available
Energy Performance Engineer

Energy efficiency engineering is a broad field of engineering which deals with energy efficiency, energy services, facility management, plant engineering, and sustainable energy resources. Energy efficiency engineering is one of the most recent engineering disciplines to emerge. The field combines the knowledge and understanding of physics, chemistry, and mathematics, with economic and environmental engineering practices. The main job of individuals who opt for a career as an energy performance engineer is to find the most efficient and sustainable path to operate buildings and manufacturing processes. 

Individuals who opt for a career as energy performance engineers apply their understanding and knowledge to increase efficiency and further develop renewable sources of energy. The energy efficiency engineers also examine the use of energy in those procedures and suggest the ways in which systems can be improved.

2 Jobs Available
Petroleum Engineer

A career as a Petroleum engineer is concerned with activities related to producing petroleum. These products can be in the form of either crude oil or natural gas. Petroleum engineering also requires the exploration and refinement of petroleum resources. Therefore, a career as a petroleum engineer comes up with oil and gas onshore jobs. There are also desk jobs in the petroleum industry. In layman’s terms, a petroleum engineer is a person who finds the best way to drill and extract oil from oil wells. Individuals who opt for a career as petroleum engineer also tries to find new ways to extract oil in an efficient manner.

2 Jobs Available
Transportation Planner

A career as Transportation Planner requires technical application of science and technology in engineering, particularly the concepts, equipment and technologies involved in the production of products and services. In fields like land use, infrastructure review, ecological standards and street design, he or she considers issues of health, environment and performance. A Transportation Planner assigns resources for implementing and designing programmes. He or she is responsible for assessing needs, preparing plans and forecasts and compliance with regulations.

3 Jobs Available
Civil Engineer

A career as a civil engineer is of great importance for the infrastructural growth of the country. It is one of the most popular professions and there is great professional as well as personal growth in this civil engineering career path. There is job satisfaction in this civil engineering career path, but it also comes with a lot of stress, as there are multiple projects that need to be handled and have to be completed on time. Students should pursue physics, chemistry and mathematics in their 10+2 to become civil engineers. 

2 Jobs Available
Transportation Engineer

A career as a Transportation Engineer is someone who takes care of people's safety. He or she is responsible for designing, planning and constructing a safe and secure transportation system. The transportation sector has seen a huge transformation and is growing day by day and improving every day. 

As a Transport Engineer, he or she needs to solve complex problems such as accidents, costs, traffic flow, and statistics. A Transport Engineer also collaborates for projects with some other companies. 

1 Jobs Available
Loco Pilot

A Loco Pilot operates trains, ensuring safe and timely transport of passengers or goods. Starting as an Assistant Loco Pilot, one can progress to senior roles with experience. The job demands technical knowledge, focus, and adherence to safety protocols. It involves coordination with train staff and may require working long hours under pressure.

2 Jobs Available
Back to top