Entrepreneurship Cells

1. ACADEMIC INSTITUTIONS IN INDIA
ENTREPRENEURSHIP AND INCUBATION

2. N S Raghavan Centre for Entrepreneurial Learning
(NSRCEL, IIM Bangalore)
Main Activities:
• Entrepreneurship Education
Programs
• Research
• Mentorship
• Incubation
• Seminars, Panel Discussions
• Other events to promote
entrepreneurship. (Workshops, B-
Plan competitions, Conferences)
About NSRCEL:
• NSRCEL’s objective is to help
entrepreneurs channelize their energy
and talent towards transforming their
ideas into successful companies. It
does so by guiding them in
understanding specific opportunities
for business growth and helping them
access the resources they require.
• NSRCEL not only trains entrepreneurs
and promotes entrepreneurship but
also runs an incubator cell for start-up
companies.
Source: NSRCEL website

3. Society for Innovation and
Entrepreneurship (SINE, IIT Bombay)
About SINE:
SINE, Society for Innovation and
Entrepreneurship, hosted by Indian
Institute of Technology, Bombay is an
umbrella for promotion of
entrepreneurship at IIT Bombay. SINE
administers a business incubator that
provides support for technology – based
entrepreneurship.
Main Activities:
• Incubate entrepreneurial technology
based ventures.
• Facilitate networking with professional
resources, including mentors, experts,
investors, industry professionals,
consultants and advisors.
• Identify technologies/innovations which
have potential for commercial ventures.
• Promote and foster the spirit of
entrepreneurship, and generally to carry
out activities that facilitate knowledge
creation, innovation and
entrepreneurship activities.Source: SINE, IITB website

4. E-cell, IIT Bombay
Main Activities:
• Entrepreneurship and Business club
• Startup Boot camp
• E-summit
• Eureka (India's biggest B-plan
competition with funding.)
• Meet-ups
About E-cell, IIT Bombay:
A non profit organization run
by the students of IIT Bombay that
aims at manifesting the latent
entrepreneurial spirit of the young
students. E-cell hosts various
workshops, speaker sessions,
innovative games, competitions for
aspiring entrepreneurs and supports
them by providing necessary
resources such as seed funding,
mentoring, consultancy and
networking.
Source: Ecell IIT Bombay website

5. Centre for Innovation Incubation and
Entrepreneurship (CIIE, IIM Ahmedabad)
About CIIE:
CIIE helps entrepreneurs turn
ideas into viable enterprises. CIIE
cultivates a rare breed of entrepreneurs
by incubating, accelerating, mentoring
and funding innovative start-ups. CIIE
believes that entrepreneurship has an
unmatched ability to bring about
disruptive change in India and engages
with ventures across technology and
impact areas like energy, environment,
agriculture, healthcare and affordable
technology.
Main Activities:
• B- Plan Competitions
• Workshops
• Boot camps
• Events
• Publications
• Providing a conducive environment for
fledgling ventures to kick-start.
• Incubation
Source: CIIE, IIMA website

6. IIT MADRAS
Entrepreneurship promoting centers in IIT Madras:
• E-cell, IIT Madras
• IIT Madras Technology Business Incubator, IIT Madras Research Park
(NSTEDB Recg.)
• Rural Technology and Business Incubator (RTBI), IIT Madras Research
Park (NSTEDB Recg.)

7. E-cell, IIT Madras
About E-cell, IIT Madras:
E-Cell IIT Madras , previously
called C-TIDES , is the hub for
entrepreneurship related activities in
the institute .It aims to imbue the spirit
of Entrepreneurship in students and
inspire them to take on entrepreneurial
challenges with the assistance and
guidance provided by us , in order to
successfully launch and run business
ventures. We support the idea of
student-led entrepreneurship in the
institute and also are a business
incubator .
Main Activities:
• Online Case study competitions
• Business Quizzes
• Nirmaan (Assists those with an idea
on every step involved in converting
the idea into a full-fledged incubated
start-up)
Source: Ecell IIT Madras website

8. IIT Madras Incubation Cell, IIT Madras
Research Park
About IIT Madras Incubation Cell:
• IITM Incubation Cell (IITM-IC) is the
umbrella body for nurturing and
overseeing innovation and
entrepreneurship at IIT Madras.
• IITM-IC seeks to nurture technology and
knowledge based ventures through their
start-up phase by providing the necessary
support to help entrepreneurs survive in
the competitive market and reach a stage
where they can scale-up their ventures
further.
• It has been recognized as a Technology
Business Incubator (TBI) by NSTEDB, GOI.
Main Activities:
• Workshops
• Incubation
Source: IIT Madras TBI website

9. Rural Technology and Business Incubator
(RTBI), IIT Madras Research Park
About RTBI:
RTBI is a registered not-for-profit
society established in Oct 2006. Its
mission is to incubate start-ups whose
focus is to impact rural/underserved
societal segments, leveraging ICT
(Information and Communication
Technologies).
Main Activities:
• Incubation
• Exploration (Developing depth and
understanding of the underserved
segments by sustained efforts via
grass root trials in areas like
agriculture, education, financial
inclusion, healthcare and livelihood.
Source: RTBI IIT Madras website

10. IIT MADRAS STARTUPS ARE
THE SAME IN E-CELL AND
INCUBATION CELL

11. Idea
Logical Sequence of Activities
Mentoring/Grooming
and Environmental
Analysis
B-Plan Start-up Graduation
Entrepreneurial Incubation
Entry Point for
incubation
Exit Point
for
incubation
Screening and
Mentoring for
Commercialization
Institute Funding
Govt. Funding
Angel Investor Funding (Only on
Beta Stage)
VC Funding (Post
commercialization till becoming
Public/Acquired)
Institute Funding
Associations
Sponsorships

12. Source: Mr. Anshul Saxena under Prof. Anil K Gupta, IIMA

13. National Science and Technology Entrepreneurship
Development Board, Gov. of India
Criteria for selection of location
IR&D track record and subsequent commercialization of R&D output
• Dedicated team of R&D persons
• Industrial milieu in the region
• Proximity to other R&D/academic institutions
• Infrastructure, facilities and expertise available
• Strong commitment and willingness of the HI

14. THANK YOU