What is their role in the entrepreneurship ecosystem in India ? Can angels/VC firms work with incubators ? It looks like at Nirma Labs they have had three batches so far ( I do not know how many entrepreneurs) and so far none have actually made it to the angel/VC stage where they have repaid the incubation loan. The repayment of the incubation loan from the angel/VC round seems a bit odd. A model where the loan converts to equity seems much better. I am just wondering whether the Nirma Labs model can be made more entrepreneur/angel/VC friendly.
I want incubators to work so this is not intended as a criticism. Kudos to Nirma Labs for making their model transparent. If we can have a productive dialog it could help. I have heard about an IIT – Delhi incubator and an NS Raghavan incubator in Bangalore and some government incubators but I do not know their models.
If any of the incubators want to have a dialogue with me I would be happy to engage. I do not have much expertise with incubator models so if there any others who are reading this and have comments they are more than welcome.
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I have been following a company called Indiaco, it makes all other incubators in India look like fools.
i am also not sure if they do incubate anymore, they are now listed on the BSE
I am a part of the state government of Gujarat and are proactively looking at establishing Incubator(s). We could have been late but then, would now at least like to learn from the mistakes of the other models. We are absolutely naive in these matters but would like to leave no stone unturned. Please feel free to send in your comments to ssibtm@gujarat.gov.in
And for those who can collaborate-associate, pl feel free to contact me on the same email id.
Many thanks & regards,
I have been associated with two DST supported Technology Business Incubators one at PSG College of Technology and another at Vellore Institute of Technology. First of all there must be a strong faculty research base as well as resources for research. The Institutions also must have star researchers who could kindle innovation. India also lacks private companies and foundations who work with universities to fund innovation.
Hi,
I am Bindiya Pathak- faculty at K S School of Business Management Ahmedabad Gujarat. I am pursuing research on the role of Incubation centres in Gujarat. I want to know about different incubation centres all across India. WHether they are publicly sponsered or privately or jointly sponsered . Please help me out with this if you have the required information on the topic.
I am new to venturewoods and was recomended by an alumni, Mr. Rahul Barkataky of Institute of Rural Management, Anand (IRMA) in Gujarat where i did my post graduation in rural management.
I have been following the discussion on incubators in India and found them full of good information to dig out.
however, i am at a conceptual stage to develop incubator model or mentoring model or watever one can call it for social entrepreneurship in India and to be set up at IRMA. i have gone through some models that are there abroad and seem to work. but most of them are for rural enterprise development.
Factually the socio-economic conditions in india do not offer much scope for rural enterprise promotion in many areas where food security and social security are a question. This calls for social entrepreneurship incubation/mentoring with a different approach.
Can any angel soul come up with some idea and information on the same?
Thanks