A three-day capacity-building programme with 35 incubators from all over the nation was held at the campus of iCreate (International Centre for Entrepreneurship and Technology), India’s top tech innovation-based start-up incubator, in association with ISBA (Indian STEPs & Business Incubators Association).
Under the ISBALEARNX programme, CEOs and Incubation Managers of the incubators that are members of ISBA completed extensive training to learn strategies for incubation growth and stakeholder management. National incubator specialists were invited to serve as the sessions’ facilitators, as per reported by IndianWeb2.
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Addressing the crowd, Mr. Avinash Punekar, CEO, iCreate said, “The last 5 years have witnessed significant development in India’s entrepreneurial landscape as the number of recognised startups in the country has increased manifold. This clearly explains the prowess of Indian inventors and the reason for growing investor confidence in Indian startups and therefore the need for development and growth of incubators in the country. We are grateful to be associated with an organization like ISBA that has been supporting us and has been at the forefront of assisting incubators and startups with different frameworks and actively engaging with State and Central Government for various policies. We are delighted and privileged to have the support of some of the most distinguished organizations in the country. Together with ISBA, we look forward to developing a stronger incubation culture in India and work on the mutual mission of making India the start-up hub of the World.”
Leading incubators like the National Institute of Technology Tiruchirappalli, Pilani Innovation and Entrepreneurship Development Society, Science and Technology Park, Pune, Vellore Institute of Technology, SINE, IIT Bombay, IIT Mandi Catalyst, and COEP’s Bhau Institute of Innovation Entrepreneurship and Lead, to name a few, participated in the congregation in an effort to focus energies on goals like brand management and growth strategies for their incubation centres.
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Extending his gratitude Mr. Prasad Menon, Vice President ISBA and CEO, CIBA said, “ I express my heartfelt appreciation to iCreate for organizing and conducting an event of this stature. Being one of the leading incubators of India, we have known iCreate for its commitment in promoting growth and entrepreneurial energies in the country and are proud to be associated with them. Incubators globally have become an ecosystem with an array of initiatives that support the economy leading the way in improving our global position as a start-up hub. ISBA aims to build awareness about the value an incubator adds to the industry and with this conference we see a commitment to our vision of transforming the incubator ecosystem in India. ISBA has been conducting such capacity building programs for more than a decade now. More than 1000 Incubation managers have benefited from such learning programs. Having partners and members like iCreate in our family, we are certain that we will successfully achieve our mission to build a conducive incubation ecosystem by bringing together various industry stakeholders”.
International Centre of Entrepreneurship and Technology (iCreate) is an autonomous institution that identifies, nurtures, and mentors aspiring individuals /teams (with or without ideas) to pursue their entrepreneurial dreams. Its mission is to facilitate innovative and imaginative minds with an ecosystem that comforts as well as challenges their intrinsic abilities so that eventually they are able to establish ventures that have the potential to scale rapidly, compete globally, generate wealth ethically, and create enriching and fulfilling employment.
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ISBA was started a decade ago (2004), by a small motley crowd of Science & Technology Entrepreneur Parks and Technology Business Incubators that were established under the umbrella of the Department of Science & Technology, Government of India. Today it has grown to a membership base of 70+ organisations that are into entrepreneurship development and incubation.