Incubators help startups in their early phases. These organizations provide coaching, guidance, co-working space, and funds (when needed) to businesses. Incubators help entrepreneurs learn, grow, and succeed. They provide materials to help startups bootstrap and overcome startup problems. In this post, We’ll talk about the Top Incubation Centres for Startups in Odisha.
Startups benefit from incubators. Entrepreneurs understand market conditions and how their ideas will work, considering all outcomes. Incubation facilities help businesses network, pitch investors, and get funding.
Here is the list of the Top Incubation Centres for Startups in Odisha
KIIT-Technology Business Incubator
KIIT University launched the KIIT Technology Business Incubator (KIIT-TBI) in 2009 with backing from the Department of Science & Technology (DST), the Government of India, and the National Science & Technology Entrepreneurship Development Board (NSTEDB). It is a legally recognized Section (25) Not for Profit Corporation.
Since its foundation, KIIT-TBI has offered a dynamic setting for fostering innovation and the growth of entrepreneurship. KIIT-TBI has increased its verticals in health care, life sciences, and social incubation after becoming recognized as a top university-based incubation center.
The epicenter of technology startups and entrepreneurs in the eastern and northeast region, KIIT-TBI is a member of the Asia Pacific Incubation Network (APIN), the Indian STEPs and Business Incubator’s Association (ISBA), and DSIR has recognized them as a scientific and industrial research organization.
Utkal University Incubation Centre
Utkal University Incubation Center is an incubation center located in Bhubaneswar, Odisha, India, and is part of Utkal University, a premier state university in Odisha. The center was established to support and nurture entrepreneurship and innovation among the students and alumni of the university.
The Center provides a range of services to startups and entrepreneurs including mentoring, training, access to resources, networking opportunities, and funding support. The center focuses on supporting startups in the areas of information technology, biotechnology, and renewable energy.
CVRCE | Top Incubation Centres for Startups in Odisha
CVRCE which is known as CV Raman College of Engineering is situated in Bhubaneswar. The college starts this incubation center to promote the entrepreneurship environment in their students as well as faculties. Students and teachers can access a range of tools and services from EDIC to develop their business concepts and start profitable businesses. They include networking possibilities, coaching, training, mentoring, access to money, and incubator facilities.
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EDIC at CVRCE aims to foster a culture of innovation and entrepreneurship among its students and faculty members and help them convert ideas into successful businesses. EDIC has helped many students and faculty members to start their startups and has become an important resource for entrepreneurship development in Odisha.
Koustuv Business School
Odisha has a management education facility called Kaustuv Business School (KBS). To encourage and support entrepreneurship among its students and the larger community, KBS developed the Center for Entrepreneurship and Incubation (CEI). The CEI provides a range of services and initiatives to assist aspiring business owners in transforming their ideas into profitable enterprises. These programs and services include networking possibilities, financial access, incubation facilities, coaching, mentoring, and training.
Additionally, CEI offers programs for developing entrepreneurs that cover a range of topics, including idea formulation, market research, company planning, and money management. These courses are made to give students the knowledge and abilities they need to launch and expand prosperous businesses.
Xavier University – Incubation Center
The Xavier Center for Urban Management and Governance (X-CUMG) Incubation Center is a project of Xavier University in Cagayan de Oro City, Philippines. The center supports entrepreneurs and social enterprises through a variety of programs and services, including incubation, mentoring, coaching, networking, access to capital, and financial and material resources.
The X-CUMG Incubation Center seeks to encourage innovation and entrepreneurship in the Philippines, especially in the areas of urban management and governance. It provides a supportive setting for start-ups and social entrepreneurs to grow their concepts into profitable enterprises. The center offers a variety of services, such as funding and resource access, networking opportunities, business coaching, and mentorship, and help with product development and marketing. Also, it offers entrepreneurs and social companies the necessary office space, conference rooms, and other services.
CET Bhubaneswar – Entrepreneurship and Incubation Cell
CET Bhubaneswar started this incubation center in their college to promote and support startups among their students as well as alumni. They provide multiple facilities like guidance, space, and other things to turn their ideas into a business.
The Entrepreneurship and Incubation Cell at CET Bhubaneswar offers various programs and services to assist aspiring entrepreneurs. These include workshops, training sessions, mentorship programs, access to funding, and networking opportunities. The cell also provides access to essential office space and other resources for startups and entrepreneurs.
It aims to foster a culture of innovation and entrepreneurship among the students and alumni of CET Bhubaneswar. The objective of the cell is to encourage and support the creation of new businesses and startups that can contribute to the economic development of the region.
Overall, CET Bhubaneswar – Entrepreneurship & Incubation Cell is an excellent initiative that provides aspiring entrepreneurs with the necessary resources and support to convert their ideas into successful enterprises.
KISS-TBI | Top Incubation Centres for Startups in Odisha
KISS-TBI is an incubator that is focused on technology-based startups. It is situated in Bhubaneswar. Their main focus is to promote entrepreneurship culture among the Kiss students, alumni as well other institutes. Anyone can enroll in their center where they provide multiple facilities like an office and other important tools.
IIT Bhubaneswar TBI is a technology-based business incubator operating in Bhubaneswar, India, and affiliated with the Indian Institute of Technology Bhubaneswar, a prestigious engineering and technology institute in India.
Its primary objective is to foster creativity and entrepreneurship in the region, by providing startups and business owners with the resources, guidance, and mentorship they need to turn their concepts into successful enterprises. The primary focus areas of this startup incubator include healthcare, energy, agriculture, and education.
Silicon Institute of Technology -(TBI)
Silicon Institute of Technology, which is situated in Odisha, launched a technology business incubator to encourage entrepreneurship in the technology industry. they also provide services, including mentoring, networking opportunities, office space, and other tools. The incubator also provides offers training and courses.
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The incubator is primarily concerned with assisting new businesses in information technology, electronics, telecom, and other technology-driven industries. By encouraging and assisting cutting-edge entrepreneurs, SIT-TBI hopes to establish a thriving and long-lasting startup ecosystem in the area.
GIFT-TBI | Top Incubation Centres for Startups in Odisha
Gandhi Institute of Technology is a technology business incubator located in Odisha. the incubator is established in 2016, to promote innovation and entrepreneurship in the technology sector. the center provides various support to startups to develop and grow their business.
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The incubator also collaborated with various industry partners, and investors to provide the best facility for entrepreneurship. Their main focus is to support those startups which are related to information technology, electronics, telecommunications, and other technology-driven sectors.
This was our selection of the Top Incubation Centres for Startups in Odisha. We hope this is useful to you. The order of this list is random.
Frequently asked questions (FAQs)
Which are the Top Incubation Centres for Startups in Odisha?
KIIT-Technology Business Incubator, Utkal University Incubation Centre, CVRCE, Koustuv Business School, Xavier University -Incubation Center, CET Bhubaneswar – Entrepreneurship and Incubation Cell, KISS-TBI, IIT Bhubaneswar, Silicon Institute of Technology -(TBI), GIFT-TBI are the Top Incubation Centres for Startups in Odisha
Why should startups join Incubation Centres?
Incubation centres help startups develop their company ideas, build prototypes, find investors, and build professional ties.
What services do incubation centres offer to startups?
Incubation facilities offer training and development, networking, money, office space, legal and accounting help, and mentorship.