Establishment & Management of Business Incubators

About

Everywhere new ideas and new knowledge are created every day. Business Incubators renovate them into real innovation by creating a new economic activity which provides employment opportunities and also creates wealth. Incubators assists startups by providing an integrated package of workspace, shared office services, access to specialized equipment and machinery along with value added services like fund raising, legal services, business planning, technical assistance and networking support.
In India Business Incubators exist since 1980 which were supported by the Government of India but later private sector also entered in setting-up of Incubators. There are two types of Business Incubators, one which focuses on promotion of technology based enterprises and assist in completion of the technologies under development and are generally located at or near universities, R&D institutes, and Science and Technology parks and another promote regional and national economic growth through job creation and utilizing local resources. Hence, main objective of the business incubators is to produce successful business ventures that create jobs and wealth in the country. There are more than 300 Incubators in the country. Recently, the Government of India has initiated to establish 100 Innovation Centers in the country through Atal Innovation Mission.

Target Audience

Officials of Union/ State Governments especially Industry and Commerce, Incubation Centers, Financial Institutions, Technical and Management Institutions, Industry Associations and NGOs

Benefits

  • Appreciate significance of Incubators in promoting innovation & entrepreneurship
  • Know Policies & Programmes for promotion of Business Incubators
  • Orient incubators into the grass root issues and challenges of innovative businesses
  • Understand role of stakeholders in Success of Business Incubators and its management
  • To develop business networks and financing innovative businesses by sharing knowledge and perspectives between incubators

Duration

1 week(25-29 Nov 2019)

Fee

Rs. 13000/- (Residential) Rs. 10000/- (Non-Residential)(18% GST as applicable).
The fee covers cost of tuition, reading material, boarding and lodging. It does not cover travel costs of participants. Fee once paid shall not be refunded. However, a substitute may be permitted.

For further details contact:

Mr. K. Surya Prakash Goud
Faculty Member
School of Enterprise Development
Tel: 040-23633221