A business setup in business speak could be a company that helps new and startup firms to form by providing services like management coaching or workplace area. Business incubators dissent from analysis and ability parks in their dedication to startup and early-stage firms.

2.  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

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

4.  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

5.  Linear Model of Innovation:
Origin of all innovation lies in analysis activities
Role of universities
Since Universities receive Govt.
grant, thus ideas of current national interest
incubated.
Apart from R&D support, social
control support conjointly needed to develop
business
Commercial practicableness to the ideas
Networks in appropriate places will prove
handy.

6.  Incubation at emergent stage
Mostly during a faculty / 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 incubators give technological support
STPI (Software technology parks)
CIIE, IIMA

7.  Main Activities of SINE are to:
◦ Incubate early stage entrepreneurial
ventures supported technology and innovation.
◦ Create physical infrastructure and support systems necessary for
business incubation activities.
◦ Facilitate networking
with skilled resources, that embrace mentors, experts,
consultants and advisors for the
◦ incubatee corporations.
Identify technologies/innovations that have potential
for business ventures.
◦ Promote and foster the spirit of entrepreneurship.
Carry out activities that facilitate data creation, innovation and
entrepreneurship activities.

8.  Remarkable Govt. initiative
 Special setup in software package sector
 Objectives of STPs ar
To establish and manage infrastructure resources i.e. digital
communication facilities, core laptopfacilities
To promote development and export of software
package services
Fast clearance (single window) for statutory services
To train professionals
 Currently in concerning thirty four cities across India

9.  Extensive network of incubators
 Incubators in or close
to by renowned universities
Provides technical and R&D support
 Some experience to supply
Management
Technological
Networks
In fact, Incubators position themselves in line
with the extra experience they provide

10.  Platform to pitch to VCs and alphabetic
character funds
Help in making ready pitches
Incubators have some VCs as either stakeholders or
Board members
Incubators develop sensible diary and rapport
with bound VCs
 Network among Incubators
Incubators develop network among themselves
Help them in utilizing networks with VCs
and alternative analysis corporations
 Some examples: Manchester grad school setup, IT
univ. of Kobenhavn, London science park etc.

11.  Govt. assistance
◦ UK trade and investment (UKTI), Associate in
Nursing arm ok UK foreign ministry works with
incubators
◦ Organizes programs whereby motivates
young firms to be a part of these incubators
◦ Also invitations foreign startups
◦ Provides Legal and alternative statutory services to
incubators

12.  Govt. initiatives to develop incubators
Public-Private partnerships
Some edges and sops to develop and manage
incubators
The come during this business
(incubators) return once a niche of your time,
Govt. must fill this gap in UPPP
 Indian incubators need to suppose on the far
side R&D help
 Networks with VCs
and different companies additionally needed

13.  Incubators is divided per the ideas they
incubate.
 Infrastructure
Taking one breakthrough
Good infrastructure: a hygiene issue to firms

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